Tanzania, Rwanda and Uganda are set to start trading as a single market before the end of this year, after the Three East African countries joined forces to implement a World Bank-funded financial project that aims to connect the regional stock markets electronically. Celestin Rwabukumba, Chief Executive Officer, Rwanda Stock Exchange joins CNBC Africa for more.
Despite its size and the tough economic times due to the Covid-19 pandemic, the Rwanda Stock Exchange has shown resilience and is well on its way to list multinational cement company; Cimerwa PPC Ltd. CNBC Africa spoke to Celestine Rwabukumba, CEO of the Rwanda Stock Exchange for more.
Despite the COVID-19 pandemic, the Rwanda Stock Exchange has maintained an upward trend with secondary market activities increasing and the All Share Index up to 10.75 per cent. Pierre Celestin Rwabukumba, CEO of Rwanda Stock Exchange joins CNBC Africa for more.
Over the past five years, International Finance Corporation (IFC) in partnership with Rwanda Stock Exchange (RSE) have held a ceremonious event where players in the financial sector commit to bridge the gender financial gap. On the side-lines of this year's Ring the Bell event CNBC Africa's Arnold Kwizera caught up with IFC's representative, Linda Kalimba Mulenga for more on the benefits of this event.
For the 6th consecutive year, the Rwanda Stock Exchange (RSE) joined about 80 exchanges across the world to ring the bell to mark the International Women’s Day 2020. The annual event aims at raising awareness on gender equality, women’s economic empowerment and sustainable development. CNBC Africa’s Tesi Kaven had a conversation with Celestin Rwabukumba, CEO of Rwanda Stock Exchange on the significance of this event.
By the end of 2019, Rwanda Stock Exchange (RSE) had surpassed $1 billion in trading marking a major milestone in its eight-year history. According to RSE, some $761 million have been raised in the primary market while $306 million has been traded on the secondary market. Also, the Rwandan government and the World Bank announced during the summit that they will be launching a 3-year, fixed-rate, RWF-denominated bond worth $40 million at the London Stock Exchange. Celestin Rwabukumba, CEO of Rwanda Stock Exchange joins CNBC Africa for more.
8 years since its inception, Rwanda Stock Exchange (RSE) continues to grow as the home of stock markets in the country. CNBC Africa's Arnold Kwizera caught up with CEO of RSE, Pierre Celestin Rwabukumba for more.
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