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About Rwanda

Page Last Updated: 28/05/2024

Rwanda, located in East Africa, is a diverse nation with ample business opportunities in several industries. Africa HR Solutions has assisted many companies in expanding within the country, managing compliance challenges, and ensuring operational efficiency. In addition to handling employee onboarding and payroll, we provide comprehensive benefits packages – including life and medical insurance for your employees – no matter where you onboard them in Rwanda. 

Population: 13.86 M


Gross Domestic Product (GDP): $13.7 B
GDP Growth: 6.9%
Inflation: 5.8%
Foreign Direct Investment (% of GDP): 3.0%
Unemployment Rate: 15.08%
Capital: Kigali
Currency: Rwandan franc (RWF)
Languages: Kinyarwanda, English, French

Rwanda Payroll at a Glance

Currency

Rwandan franc (RWF)

Income Tax

0% – 30%

Employer Taxes

6.00%

Employee Contribution

6.00%

Fiscal Year

1 July – 30 June

Date Format

yyyy/dd/mm or yyyy/mm/dd

  • Rwanda is known as the “Land of a Thousand Hills” due to its mountainous terrain.
  • Rwanda is one of the smallest countries in Africa, with a total area of approximately 26,338 square kilometers.
  • Rwanda is a leader in environmental conservation, with initiatives such as banning single-use plastic bags and promoting reforestation.
  • Agriculture is the primary economic activity in Rwanda, with coffee and tea being major exports.
  • Rwanda has made strides in gender equality, with women holding a significant number of political positions, making it one of the top countries in the world for female representation in parliament.
  • New Year’s Day
  • Day after New Year’s Day
  • National Heroes Day
  • Good Friday
  • Genocide against the Tutsi Memorial Day
  • Labour Day
  • Independence Day
  • Liberation Day
  • Umuganura Day
  • Assumption Day
  • Christmas Day
  • Boxing Day
  • Eid-ul Fitr
  • Eid-ul-Adha
Interesting-Facts

Employment in Rwanda

Employment agreements are made in either oral or written formats in Rwanda, though many employees prefer a written agreement that outlines all details about their salary, compensation, leaves, and termination information. Regarding termination, the notice period depends on the length of service. Several other benefits are car allowance, housing allowance, loans, and telephone allowance. Employers and employees contribute a certain amount of their wages to the National Pension Fund. All employees have access to vacation, parental and sick leaves. Africa HR Solutions is your partner to help you establish your presence in Rwanda and providing the support you need to devise a competitive benefits scheme and attract the best talent to your organisation.

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