Markets
RURA Investigating Abnormal Hike in Gas Prices
Rwanda Utilities Regulatory Authority (RURA) says it is investigating circumstances in which Gas prices have abnormally hiked across different selling points. For the past two months, gas prices on retail…
Capital Market University Challenge Is Back
Rwanda’s Capital Market Authority(CMA) has scheduled its Capital Market University Challenge (CMUC) 2020 edition in March this year to help the intellectual community learn the capital market literacy…
Rwanda, World Bank to Launch $40M Bond
Rwanda government and the World Bank have announced they will launch a 3-year, fixed-rate, RWF-denominated bond worth $40 million at the London Stock Exchange. This was announced…
Rwanda’s Central Bank Issues First T-Bond of 2020
With the economy showing good signs, Rwanda Government through Central Bank has returned to the market with the reopening of Rwf15 billion Treasury bond. The bond, which will be rediscounted…
Rwanda Stock Exchange Closes 2019 with $1.6 Bn Mark, Targets 20% Growth
It was a successful and memorable year for Rwanda Stock Exchange (RSE) – the country’s youngest market in the region. The Stock market, which just opened in 2011, has been…
Rwanda: Gov’t Issues Double Rwf15 billion Bonds for End of Year
Rwanda’s Central Bank (BNR) is set to issue two bonds consecutively with a chance for potential investors to tap into both. One of the bonds will be for three…
Rwanda’s Tea Factory Breaks Highest Price Record in Kenya
Rwanda’s Nyabihu Tea Factory has scooped another highest price – selling its BP1 (broken pekoe 1) at $7.22 at the ongoing East Africa Tea Traders Association (EATTA)’s 45th…
Central Bank’s 20-Year Treasury Bond Oversubscribed
The first ever 20-year Treasury Bond worth Rwf15billion has yielded a remarkable subscription level of 141.03% from 80 applications received from different categories of investors, Rwanda Central Bank…
Rwanda’s Tea Scoops Highest Premium Price at Mombasa Auction
Kitabi Tea Factory – one of the tea marks sold under Rwanda Mountain Tea at the East African Tea Traders Association (EATTA) in Mombasa scooped the unprecedented price of $6.06…
Rwanda Central Bank Reveals Top Consumers of its Treasury Bonds
“Central Bank Rwanda on behalf of Rwanda Government is set to issue a Treasury Bond worth Frw 15 billion to develop Rwanda’s capital market industry and fund…
Rwanda Could Start Issuing Municipal Bonds
Rwanda is planning a pilot program that will enable district entities to start issuing bonds to scale up their long term sources of revenues. This was discussed at stakeholder’s…
University Students Win Capital Market Challenge Awards
The third, second and first teams from Universities and higher institutions were awarded this year’s Rwf800,000, Rwf 1.2 million and Rwf 1.5 million of this…
