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Stock Market / Finance in Rwanda

  • Rwanda Bourse Moves to Boost Trade Volumes, Infuse Liquidity

    RWANDA, 2017/03/12 The Rwanda Stock Exchange has said it will introduce a market makers scheme in an effort to infuse liquidity in the bearish market and boost volumes traded. Market makers buy shares of a listed company, warehouse them and sell them to the public at the same time as prices appreciate, creating a balance in the market. "The legal framework is in place," said Robert Mathu, executive director of the Rwanda Capital Markets Authority, adding that the RSE has as well been pushing for the scheme to be adopted by its regional peers.
  • Microfinance institutions (MFIs) urged to extend more support to small businesses

    RWANDA, 2015/09/26 Microfinance institutions (MFIs) have been challenged to design products that meet the needs of customers, particularly the small-and-medium enterprises (SMEs) market segment. Prof. Alison Brown, a researcher at Cardiff University in the UK, made the call during the release of research findings on Rwanda’s microfinance sector in Kigali on Monday. He as well urged MFIs to improve skills of their personnel, inclunding create market-oriented products to attract additional customers. The study was conducted by Cardiff University in collaboration with the Association of Microfinance Institutions in Rwanda (AMIR) and funded by UK’s DfID.
  • The government efforts to attract additional Rwandans to the stock market

    RWANDA, 2014/04/25 The government efforts to attract additional Rwandans to the stock market have gotten a boost next the International Finance Corporation announced plans to start issuing local-currency bonds in Rwanda as it expands an African deficit programme. The deficit will be sold in Rwandan francs and listed on the local bourse, Standard Bank Group, which is arranging the sale with CfC Stanbic Bank and Bank of Kigali, said in a statement. “The timing and size of the bond will be at the issuer’s discretion,” Johannesburg-based Standard Bank said. The sale is “subject to market conditions,” the company said.
  • Lawmakers have called for deficit recovery mechanisms in Rwanda

    RWANDA, 2013/11/19 Lawmakers have called for deficit recovery mechanisms for public hospitals to reverse a growing trend where the institutions lose millions of francs to indigent patients or those with huge bills. Members of the Parliament's Public Accounts Committee (PAC) raised the issue this week as directors of Kigali University Teaching Hospital (Chuk) and King Faisal Hospital appeared before the MPs to explain anomalies highlighted in the 2011/2012 Auditor General's statement.
  • Rwanda Skills, Employability and Entrepreneurship Programme (SEEP).

    RWANDA, 2013/04/10 The African Development Bank has approved $39.44 million to be used in the Rwanda Skills, Employability and Entrepreneurship Programme (SEEP). The programme was designed in collaboration with the Government of Rwanda and other development partners and aims at supporting specific sector budget lines of the financial year 2012/13 budget.
  • AfDB Boosts Rwandese Private Sector

    RWANDA, 2013/03/18  The African Development Bank (AfDB) and the Development Bank of Rwanda (BRD) has signed an $8 million Line of Credit (LoC) to boost private sector development in Rwanda by supporting BRD lending to its agriculture, agro-processing, telecommunication, education and tourism infrastructure sectors.
  • Capital markets to enhance SME financing

    RWANDA, 2012/12/09 Leveraging capital markets is a means for small and medium enterprises to raise funds to finance their increase to drive the country’s economy. Robert Mathu, Executive Director, Capital Markets Authority, says that listing SMEs in the capital market will help address the challenge of inadequate equity which reduces access to finance.