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…
Markets
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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 counters closed…
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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. The Authority’s top officials…
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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 to the region,…
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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% stake in…
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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. Central Bank Governor John…
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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…
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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…
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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% and 11.99%. The rate,…
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