How To Talk To Rwandan Rulers: First Flatter Them, And Then Hit Hard With Truth

By: Dr. David Himbara Managing Directors of IMF are supposed to be dull and boring economists obsessed with balancing countries’ books. Not Christine Lagarde. A former finance minister in France, she is a clever political operator. She proved this in her visit to Rwanda, the high mark of which was her speech in Rwandan parliament on January 27, 2015. Her strategy was simple – first flatter the Rwandan rulers and then hit them hard with gospel truth. Take this early praise in her speech: “Today Rwanda can take pride in…

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As Rwanda Piles Up Yet More Debt, Paul Kagame Is Still Not Telling Full Truth to Investors

By Bosco Mutarambirwa, MBA Due to understandable fear that his dictatorial regime is coming to an end, Paul Kagame is rapidly mortgaging the country to ensure that he’s not the only loser. He wants to force the people of Rwanda to support his ill-conceived plans, or else risk losing their lifetime savings in case the regime collapses. The highly publicized Agaciro development fund was unable to raise enough free money to shore up RPF failing regime. Consequently, Kagame is now resorting to issuing yet more debt, in domestic currency this…

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