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Rwanda Bourse Drops as Savings Week Kicks Off

Rwanda Bourse Drops as Savings Week Kicks Off

The savings week kicks off today in Rwanda under the theme; “Our savings, Our Wealth.” The week is aimed at sensitising the Rwandan population on the importance of savings not…

Rwanda Stocks Remain Silent

Rwanda Stocks Remain Silent

Both Rwanda stock index and all shares remained constant to close at 129.18 and 132.60 respectively. Today on RSE markets both bond and equities were quiet. The equities…

Rwanda’s Stock Market to be Automated Soon

Rwanda’s Stock Market to be Automated Soon

Rwanda’s Capital Market Authority (CMA) has set an ambitious 10-year target to push the country’s stock market to higher levels similar to those in developed markets…

Rwanda Franc Gains Against the US Dollar

Rwanda Franc Gains Against the US Dollar

The Rwandan franc has gained against the US dollar in the past two weeks from Rfw 849 to Rwf 845. At a major down-town Nyabugogo bus terminal linking Rwanda…

Rwanda Extends Sell of I&M Bank Shares

Rwanda Extends Sell of I&M Bank Shares

The government of Rwanda has postponed a deadline of selling off its shares in I&M bank following high interest shown by several local and regional investors. About 20…

Why Investors Are Hungry For Rwandan Stocks

Why Investors Are Hungry For Rwandan Stocks

Rwanda capital market is experiencing a rapid growth as evidenced by investors’ thirst for acquiring stakes in local and government bonds. A few weeks ago, Kenya’s Equity…

Rwanda’s central bank maintains lending rate at 6.5%

Rwanda’s central bank maintains lending rate at 6.5%

Rwanda’s central bank maintains its key repo rate at 6.5% and promises to tie inflation between 2% and 2.5% from now until end of March 2015…

Rwandan investors collectively raise $450m

Rwandan investors collectively raise $450m

In 2006, President Paul Kagame counseled members of the private sector to pool scattered resources together and venture into sizeable investments and benefit the economy. The idea is mainly aimed…

Rwanda’s 15 bn bond registers high subscription

Rwanda’s 15 bn bond registers high subscription

Rwf 15 billion (21.8M) Treasury bond has registered a 187 % subscription level with 59 bids from different categories of investors. Rwanda issued the bond, to seek funds for infrastructure…

Rwanda announces giveaway price for its $21m bond

Rwanda’s coupon rate for the Rwf15 billion ($21.8m) bond has been set at upper 11’s. The central bank announced on Wednesday the rate is between 11.5…