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Rwanda Could Start Issuing Municipal Bonds

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

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

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

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

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

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

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 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

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 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

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 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…