Markets
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…
BK Group Places 7M Shares for Staff Ahead of Closing Date
Bank of Kigali – Rwanda’s biggest financial institution has issued 7.2 million shares to its employees as part of its over 200 million discounted shares the bank put up…
Rwanda Issues 3-Year Rwf15 Billion Bonds
Rwanda will issue a 3-year treasury bond worth Rwf 15 billion this month to finance infrastructure projects and capital market development, Central Bank (BNR) announced on Thursday. “The National…
BK Group Kicks Off Sale of New Discounted Shares
Effective today – October 29, shareholders of Bank of Kigali Group – the country’s largest financial institution by assets, can start buying over 200 million discounted shares the…
Rwanda Drops Kenya as Source of Fuel Imports
Rwanda no longer imports some of its petroleum products from Kenya because of adulteration, a senior Kenyan politician has revealed. Kalonzo Musyoka, a former Vice president and currently one of…
