Markets
Rwanda Calls for More Investment as Stock Markets Improve
Rwanda stock exchange (RSE) has asked citizens and investors to pool funds and savings to invest in the local bourse. “I urge people to come together and form savings groups…
Rwanda to Establish International Financial Centre
Rwanda will soon be able to handle cash transactions for regional and international financial service providers following an endorsement to establish Kigali International Financial Center (KIFC). The cabinet meeting on…
Students Silently Getting Rich Through Shares
Claver Rusaro and two other students at College of Agriculture, Animal Sciences and Veterinary Medicine (CAVM) in Musanze district studied under difficult circumstances unable to afford transport and books. This…
Rwanda Sets Bourse Automation Deadline
Rwanda Stock Exchange (RSE) has confirmed that by June 2018—the local bourse will go electronic in its trading business. “So far we are implementing the process and the required…
Rwangombwa outlines Safety and Security in Going Cashless
Embracing cashless lifestyle is more convenient and safer that carrying around loads of cash, the Rwanda central Bank Governor John Rwangombwa has said. Research conducted by the central bank in…
Euro Gains over US Dollar and Local Currencies
After days of staggering, the Euro has gained its buying and selling power against the Rwandan franc in the past two days. On Tuesday the Euro bought at Rwf993.3…
Central Bank Urges Rwandans To Go Cashless
The Central Bank has asked Rwandans to adopt digital and cashless payment modules to reduce time wasted in counting paper money and coins on a daily basis. Findings presented by…
Small Companies Can Buy Bonds on Rwanda Stock Market
Any other small sized business with cash ready to invest will be able to buy secondary bonds which will be listed on the Rwanda Stock Exchange on November 28th. These…
Rwanda’s Rwf10B Bond Fully Subscribed
The latest 7-year treasury bond (T-bond FXD4/2017/7YRS) could see government having more money than it asked for on Rwf10 billion bond. According to Robert Twagira, the…
Rwanda Optimistic With Rwf10billion bond Subscription
The long awaited 7-year Treasury bond worth Rwf10 billion ($11.72m) opened today to investors and the general public. The bond will stay open till Wednesday November 22nd for…
Bank of Kigali to Increase Share Capital
Rwanda capital markets may soon see an increase in Bank of Kigali share capital, when the banks’ extra ordinary general meeting convenes on December 6, 2017. The meeting will discuss…
Equity Market Turnover Drops by Rwf9.5M
The Rwanda equity market has shown a drop in share value at the time when government is embarking on having more citizens and investments in the capital markets. Statistics from…
