In a shocking turn of events, I&M Bank Rwanda suffered a significant loss of $10.3 million (equivalent to Sh1.41 billion) due to fraudulent customer withdrawals in under three months. This revelation has sent shockwaves through the banking industry, triggering urgent investigations in an attempt to recover the staggering amount.
Posts tagged as “Rwanda”
Paul Rusesabagina, who became famous for his role in saving over 1,000 refugees during the 1994 genocide in Rwanda in the movie "Hotel Rwanda," has been released from prison in Rwanda after serving a year of a 25-year sentence. U.S. officials were instrumental in securing his release.
Somalia joins the rest of the world in commemorating International Women's Day on March 8, a day that celebrates the social, economic, cultural, and political achievements made by women in various fields. "Embrace Equity" is the theme for 2023, and it advocates for true inclusion and belonging via equitable action.