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 bank put…
Markets
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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…
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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 Agricultural…
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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 and coupon for…
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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…
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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)’- an…
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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 Monetary Policy…
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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 month.…
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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 demand on…
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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 with…
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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…
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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.…