BREAKING: Rwanda President Paul Kagame Sends 18 Chinese Back To China In His Bid To Maintain Sanity On African Soil

Eighteen (18) people were sent packing back to China on Wednesday. This came after the General Mr. Paul Kagame, the able and promising president elect of Rwanda noted that the Chinese were mistreating Rwandan workers and grubbing lands of farming from them.

CHINESE people also took advantage of making workers work abnormal hours like slaves do. Mr. KAGAME said; "Africa is a peaceful continent, we don't tolerate discrimination here or to be slaves again.

This country is for Africans and those who mean well for us. I'm instructing those 18 Chinese to go back and never return !. Rwandans must enjoy their rights in their country! Let this be a lesson for the remaining Chinese and other investors! Respect us and we'll welcome you with our good hearts!"

Kagame has made excellent strides in the areas of debt management and his own dream to completely eradicate poverty in Rwanda.

On the domestic front, the central bank has kept inflation in check, averaging four per cent annually, while market forces have determined the exchange rate for the past seven years — creating a predictable economic environment.

While guaranteed debt has kept growing, reaching $1.9 billion in 2016, the debt burden remains at low-risk levels, with all indicators below the indicative thresholds established by the World Bank and IMF Debt Sustainability Analysis tool.

“The Debt Sustainability Analysis carried out in December last year shows Rwanda’s debt service to export stood at 19.4 per cent, against debt service to export threshold of 25 per cent while the external debt to GDP ratio stood at 29.8 percent by end of 2016,” according to data from the Ministry of Finance and Economic Planning.

The growth in exports — attributed to a shift from a heavy reliance on traditional exports to non-traditional exports — has improved the account deficit and is expected to reduce to 20.1 per cent in 2017.

Credit to the private sector has been growing. The ratio of bank credit to private sector, according to available data reached 21.33 in 2015, from 12.19 per cent in 2010.

Industry players believe the appetite for credit to fund businesses is set to increase as the government’s domestic borrowing reduces, lending costs diminish and non-performing loans improve.