As the country’s industries continue to grow, government should move swiftly to facilitate them by solving issues related to low electricity supply and lack of raw materials needed to run them. The recommendation was made by legislators in the Lower House on Tuesday after members of the parliamentary Standing Committee on Economy and Trade presented […]
Category: Rwanda
Rwanda: Share Index Down 0.82%
Rwanda Stock Exchange (RSE) recorded a total turnover of over Rwf11.7 million from 123,200 shares traded in six deals during yesterday’s trading session. The bond market was quiet. According to the RSE daily market report for Monday, Bank of Kigali counter realised Rwf290,000 in turnover from 1,000 shares traded in one deal at Rwf290. This […]
BPR – Atlas Mara Introduces New CEO
Maurice Toroitich, the new Chief Executive Officer of BPR Atlas Mara talking to the media Banque Populaire du Rwanda – BPR Atlas Mara has introduced a new Chief Executive Officer (CEO) of the Bank Maurice Toroitich recently appointed to this top position. “For me joining BPR I wanted to complement the Bank’s target to stay […]
I&M Bank Lists Maiden Shares on Rwandan Bourse
Finally another Rwanda commercial bank- I&M Bank, today listed its shares at Rwanda stock exchange with an opening price of Frw 100 and closed with an increase at a closing price of Frw 105. I&M Bank indicated its intension to join the local bourse in 2016. The bank will become the third on the stock […]
East Africa’s first utility-scale solar plant comes online
East Africa’s first utility-scale solar photovoltaic power plant came online this week in Rwanda. The 8.5 MW Rwanda Field plant was constructed in the shape of the African continent and sits on land owned by the Agahozo-Shalom Youth Village charity, which houses Rwanda’s orphaned children. It is expected to produce enough power for 15,000 households. […]