• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, July 25, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Kagame Appoints New Prime Minister

July 24, 2025
Lawrence Ankutseby Lawrence Ankutse
in Africa
0
Kagame Appoints New Prime Minister

President Paul Kagame

Rwandan President Paul Kagame has appointed Dr. Justin Nsengiyumva as the country’s new Prime Minister, succeeding Dr. Édouard Ngirente, who has held the post since 2017. 

The announcement was made by the Government Communications Office, which read: “His Excellency Paul Kagame, President of the Republic of Rwanda, has today appointed Dr. Justin Nsengiyumva as Prime Minister.”

Dr. Nsengiyumva is a seasoned economist with a PhD from the University of Leicester. His appointment follows a career spanning over two decades in both Rwanda and the United Kingdom, where he occupied senior economic advisory roles. Until recently, he was Deputy Governor of the National Bank of Rwanda, a post he had held since February 2025.

RelatedPosts

Sudanese Parties Reject UAE As Peace Mediator

ICC Convicts Anti-Balaka Leaders For Atrocities

AU Targets Millions With $100B Financial Inclusion Plan

Dr. Justin Nsengiyumva
Dr. Justin Nsengiyumva

His experience within the UK government includes serving as a Senior Economic Advisor in the Office of Rail and Road, as well as working with the Department for Work and Pensions. In Rwanda, he previously held top administrative positions, including Permanent Secretary at the Ministry of Trade and Industry from 2005 to 2008, and at the Ministry of Education in 2008. In the latter role, he played a key part in Rwanda’s shift from French to English as the primary language of instruction in schools.

Dr. Édouard Ngirente, now stepping down, expressed gratitude for his time in office, calling it a period of significant personal and professional growth. 

“I am so grateful to H.E. Paul Kagame for the honour of serving as the Prime Minister of our beloved Rwanda for the last 8 years. This journey has been deeply enriching, filled with growth, guidance, and purpose.

“Mr. President, I wish to express my deepest gratitude for the opportunity you gave me to serve my country and for being such an inspiring mentor throughout this journey. It’s a chapter I’ll always carry with pride.”

Dr. Édouard Ngirente

Rwanda’s Economy Continues Growth Path

The leadership change comes as Rwanda continues to experience robust economic growth in 2025. According to the National Institute of Statistics of Rwanda, the country’s real GDP expanded by 7.8% in the first quarter of the year. GDP at current market prices surged to Frw 5,255 billion, up from Frw 4,486 billion in 2024, maintaining Rwanda’s reputation as one of Africa’s fastest-growing economies.

The services sector led growth by contributing 46% to the GDP, while agriculture and industry contributed 24% and 23% respectively. The government is working toward more ambitious goals set under its Second National Strategy for Transformation (NST2), which targets a 9.3% annual GDP increase as part of its broader poverty reduction and development agenda.

Nonetheless, concerns persist over the uneven distribution of economic gains. Job creation has not kept pace with the economic expansion, and income inequality remains a pressing issue. The government aims to address these challenges by promoting private sector development, enhancing agricultural productivity, and boosting regional economic integration.

From a governance standpoint, Rwanda remains highly centralized. President Kagame holds sweeping powers, including the authority to appoint the Prime Minister and dissolve parliament. Though constitutional checks exist within Rwanda’s bicameral legislature—comprising the Senate and Chamber of Deputies—critics contend that the political landscape is tightly controlled by the ruling Rwandan Patriotic Front, leaving limited space for opposition voices.

Even so, the country’s political stability and disciplined policymaking continue to be credited for Rwanda’s economic success. Dr. Nsengiyumva’s appointment signals continuity in the administration’s commitment to reform and growth, with expectations that he will help steer the nation through its next phase of transformation.

READ ALSO: NDC Surges As NPP Slips In Ethnic Polls

Tags: Justin Nsengiyumvaleadership transitionPaul KagameRwanda EconomyRwanda Prime Minister
Please login to join discussion
Previous Post

BoG Forex Directive Praised as Step Toward Transparency

Next Post

Media Urged To Strengthen Hepatitis Fight

[mc4wp_form id="1264"]

Related Posts

Iran Meets E3 Nations
Asia

Iran Meets E3 Nations

July 25, 2025
BoG Governor Rallies Support for Islamic Banking in Ghana
Banking

BoG Governor Rallies Support for Islamic Banking in Ghana

July 25, 2025
Lands Minister Vows Reforms and Support for Bogoso-Prestea Mines Workers
Extractives/Energy

Heath Goldfields Pays GHS 80 Million in Legacy Salaries to Revive Bogoso-Prestea Mine 

July 25, 2025
Ghana’s Finance Minister, Dr. Cassiel Ato Forson
General News

Finance Minister Declares War on Tema Port’s Massive Revenue Leakages

July 25, 2025
Kofi Bentil on constitutional reforms
General News

Kofi Bentil Calls For Bold, Wholesome Constitutional Reform

July 25, 2025
Hon. Edem Agbana, Spending, Currency
General News

Cedi Stability Reflects Strong Fundamentals, Not Spending Cuts

July 25, 2025
Iran Meets E3 Nations
Asia

Iran Meets E3 Nations

by Comfort AmpomaaJuly 25, 2025
BoG Governor Rallies Support for Islamic Banking in Ghana
Banking

BoG Governor Rallies Support for Islamic Banking in Ghana

by Stephen M.CJuly 25, 2025
Lands Minister Vows Reforms and Support for Bogoso-Prestea Mines Workers
Extractives/Energy

Heath Goldfields Pays GHS 80 Million in Legacy Salaries to Revive Bogoso-Prestea Mine 

by Prince AgyapongJuly 25, 2025
Ghana’s Finance Minister, Dr. Cassiel Ato Forson
General News

Finance Minister Declares War on Tema Port’s Massive Revenue Leakages

by Evans Junior OwuJuly 25, 2025
Kofi Bentil on constitutional reforms
General News

Kofi Bentil Calls For Bold, Wholesome Constitutional Reform

by Lilian AhedorJuly 25, 2025
Hon. Edem Agbana, Spending, Currency
General News

Cedi Stability Reflects Strong Fundamentals, Not Spending Cuts

by Silas Kafui AssemJuly 25, 2025
Iran Meets E3 Nations
BoG Governor Rallies Support for Islamic Banking in Ghana
Lands Minister Vows Reforms and Support for Bogoso-Prestea Mines Workers
Ghana’s Finance Minister, Dr. Cassiel Ato Forson
Kofi Bentil on constitutional reforms
Hon. Edem Agbana, Spending, Currency
[/vc_row_inner]

Recent News

  • Iran Meets E3 Nations
  • BoG Governor Rallies Support for Islamic Banking in Ghana
  • Heath Goldfields Pays GHS 80 Million in Legacy Salaries to Revive Bogoso-Prestea Mine 
  • Finance Minister Declares War on Tema Port’s Massive Revenue Leakages
  • Kofi Bentil Calls For Bold, Wholesome Constitutional Reform
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.