Business

Port vs Terminal: What’s the Difference?

In the world of shipping and global trade, the terms “port” and “terminal” are often used interchangeably. However, they refer to two very different—yet closely related—parts of the maritime logistics chain. Understanding the difference between a port and a terminal is essential for anyone involved in shipping, logistics, or supply…
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NEW COMMON EXTERNAL TARIFF 2022 VERSION

IN EXERCISE of the powers conferred upon the Council of Ministers by Article 12 (2) and (3) and 39(1) (c) of the Protocol on the Establishment of the East African Community Customs Union, the Council of Ministers has reviewed and adopted a four band common external tariff structure for the…
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New list of products requiring import permit by Rwanda Inspectorate, Competition and Consumer Protection Authority (RICA))

RICA reminds all importers of goods on the following: 1. All imported goods must comply with safety and quality standards requirements 2. Certain types of imported goods must be accompanied with their respective import permits and related quality/safety requirements mentioned in the import permit; 3. The list of goods which…
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MBRP Exemption Scheme: A Closing Chapter

A Significant Change for Rwanda’s Business Landscape The Manufacture and Build to Recover Programme (MBRP), a key initiative designed to stimulate Rwanda’s economic recovery post-COVID-19, is set to conclude. The Rwanda Development Board (RDB) has announced that no new applications will be accepted after April 2024. What Does This Mean…
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