Rwanda’s president names new finance minister in reshuffle

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Rwandan President Paul Kagame REUTERS/Joshua Roberts

KIGALI (Reuters) – Rwanda’s President Paul Kagame appointed Uzziel Ndagijimana as finance minister in a cabinet reshuffle, his office said.
Kagame swept to a landslide victory in a presidential election last year, securing a third term in office and extending his 17 years in power.

Late on Friday, he promoted state minister of finance Ndagijimana to replace Claver Gatete as finance minister, the office of the presidency said.

Gatete, a previous central bank head credited with overseeing a period of relative monetary stability, was named minister for infrastructure.

The economy has been rebuilt with a focus on technology, mining, tourism and agriculture following the 1994 genocide of 800,000 ethnic Tutsis and politically moderate Hutus.

Growth rates have averaged 5-6 percent over the last decade. This year, the International Monetary Fund expects its economy to expand by 7.2 percent.

In another move, Kagame named Yvonne Manzi Makolo as chief executive of the national carrier RwandAir. The airline sacked its previous head in April last year.

Reporting by Clement Uwiringiyimana; Editing by Aaron Maasho; Editing by Janet Lawrence

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Godwin Okafor is a financial journalist, Internet Social Entrepreneur and the Founder Naija247news Media Ltd He has over 16 experiences in journalism, which cuts across traditional and digital media. He started his journalism career in Business Day, Where he was a senior editorial graphic artist, before he left to start Naija247news, An Online Financial Newspaper in 2010. He has won series of awards and he is the chairman of Emmerich Resources Limited, the publisher of Naija247news.com and also sits on the board of Students In Business Awards, (SIBA).

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