With the economy showing good signs, Rwanda Government through Central Bank has returned to the market with the reopening of Rwf15 billion Treasury bond. The bond, which will be rediscounted…
Markets
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Markets
Rwanda Stock Exchange Closes 2019 with $1.6 Bn Mark, Targets 20% Growth
by Dan Ngabonziza 1:47 pmIt was a successful and memorable year for Rwanda Stock Exchange (RSE) – the country’s youngest market in the region. The Stock market, which just opened in 2011, has been…
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Rwanda’s Central Bank (BNR) is set to issue two bonds consecutively with a chance for potential investors to tap into both. One of the bonds will be for three (3)…
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Rwanda’s Nyabihu Tea Factory has scooped another highest price – selling its BP1 (broken pekoe 1) at $7.22 at the ongoing East Africa Tea Traders Association (EATTA)’s 45th auction in…
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The first ever 20-year Treasury Bond worth Rwf15billion has yielded a remarkable subscription level of 141.03% from 80 applications received from different categories of investors, Rwanda Central Bank (BNR) has…
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Kitabi Tea Factory – one of the tea marks sold under Rwanda Mountain Tea at the East African Tea Traders Association (EATTA) in Mombasa scooped the unprecedented price of $6.06…
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“Central Bank Rwanda on behalf of Rwanda Government is set to issue a Treasury Bond worth Frw 15 billion to develop Rwanda’s capital market industry and fund infrastructure projects. The market…
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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 workshop…
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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 year’s edition of Capital Market…
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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 Market University…
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Markets
Companies Listed on Rwandan Bourse Receive ‘Smart’ Reporting Tools
by Dan Ngabonziza 7:46 pmLocal 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 Nations Sustainable…
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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 14.5%. …