Markets
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…
Rwanda’s Premium Coffee Places High Prices on Global Market
Local producers of Rwanda’s premium coffee could be smiling, following a 5 times sale of their coffee on global market. At an internet auction activity organized by the National…
Rwanda Re-opens Rwf10 Billion T-Bond
Rwanda will reopen a-7 year Coupon Treasury Bond worth Rwf10 Billion ($11.4 million) from June 25th -27th, 2018 by revisiting the previous issued bonds with the same maturity…
Rwanda Issues Rwf10 Billion Bond
Rwanda Central Bank Rwanda will this month issue a 10-year treasury bond worth Rwf 10 billion to finance infrastructure and Capital Market, according to a tender notice by the…
Central Bank Reduces Cheque Compensation to 4 Hours
Financial Institutions in Rwanda will no longer have to carry physical cheques to the Central Bank for payment settlements. The Central Bank (BNR) has introduced ‘Cheque Truncation System (CTS…
Appetite for Rwanda’s T-Bonds Skyrockets
Rwanda’s treasury bonds (T-Bonds) is expected to grow in the next few years as government plans to sell more of its financial papers. Statistics from the 2018…
Bralirwa Takes RSE Share Punch
On Tuesday, the local bourse didn’t look any good on share trading as Bralirwa took the biggest single punch on its share despite sustaining a stable trading through this…
Pound Gains Locally as Global Markets Shift
The British Pound (GBP) has for the first time in three months made a significant change in its exchange power after days of making slight signs of gaining on its…
Rwanda’s 2018 T-Bond Oversubscribed
The first Rwanda Treasury Bond rolled out this month has been oversubscribed with retailers showing the largest appetite in applications for the lion’s share. The issuance has been successful…
Rwandan SME’s Get EIB Financing
The European Investment Bank (EIB) has handed over two soft loans to Rwandan investment and commercial banks to enable Small and Medium Enterprises (SMEs) to borrow easily this year. The…
Rwandan Franc Faces Turbulence
The Kenya shilling and US dollar have managed to make a major shift in the selling and buying rates against the franc compared to the last month which remained steady…
CTL Shares Drop
After several weeks of maintaining a steady shares trading Crystal Telecom (CTL) an investment arm of MTN Rwanda have dropped sharply losing four francs. Yesterday the CTL counter lost one…
