Entrepreneurs: Lack of law on social enterprises hurting local businesses

A social enterprise is an organisation that is directly involved in the sale of goods and services to a market, with specific social objectives that serve as its primary purpose.

For any organisations to operate in Rwanda, they can either register as Non-Governmental Organisations (NGOs) through the Rwanda Governance Board (RGB), if they are non-for-profits, or as private profit-making companies through the Rwanda Development Board (RDB).

But the law in its current form has made it possible for both NGOs and private companies to initiate business activities, leaving a gap for unfair competition, according to some experts.

Full article: The New Times

 


 

Print Friendly, PDF & Email