Markets
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…
Capital Market Authority Tables Rwf4M for University Students
Rwanda’s Capital Market Authority (CMA) has put Rwf4 million up for grabs to University students who can win its market challenge. The 6th edition of the annual Capital…
Companies Listed on Rwandan Bourse Receive ‘Smart’ Reporting Tools
Local and foreign companies listed on the Rwandan bourse could start gaining more investor trust. Rwanda’s Capital Market Authority (CMA), International Finance Corporation(IFC) in partnership with the United…
BPR Reduces Base Rate by 2% as Money Market Stabilises
Banque Populaire du Rwanda Plc (BPR) – Rwanda’s largest retail bank on Friday announced a reduction of its base lending rate from the current annual 16.5% to…
Individual Investor in Gov’t T-Bonds Registers 10% Growth
The number of individual investors in government-issued treasury bonds has grown from 0 to 10%, Central Bank Chief Economist, Prof. Thomas Kigabo says. A Treasury bond (T-bond) is…
Nigerian Brings ‘Pay as You Cook’ Technology to Rwanda
A Nigerian company has put together all it takes to launch in two weeks, a new innovation that will allow cooking gas consumers buy as little as they want via…
Bank of Kigali Cross-lists on Nairobi Bourse
Bank of Kigali – Rwanda’s biggest Financial Institution by assets, made history as the first Rwandan company to cross-list on International Stock Market. On Friday, the bank…
