I&M Bank, MasterCard launch Rwanda’s first multicurrency Prepaid card

I&M Bank, MasterCard launch Rwanda’s first multicurrency Prepaid card

I&M Bank Rwanda has launched of Rwanda’s first Multicurrency Prepaid Platinum card in partnership with Mastercard, thanks to its design, this card will introduce a world of seamless transactions for our customers. The cards can be used to make card transactions both locally and internationally either on Point of Sale machines (POS) or for online […]

Rwanda Business: Journalists Empowered to Report on the Capital Markets

Rwanda Business: Journalists Empowered to Report on the Capital Markets

On 21st June 2019, the Capital Market Authority (CMA) in partnership with the Media High council (MHC) trained 20 business journalists from various broadcast, print and electronic media houses on how to report about capital market business in Rwanda. This year’s training focused on educating and exposing business reporters on the business of capital market […]

CMA Rwanda Sensitizes Judicial Staff on Capital Markets

CMA Rwanda Sensitizes Judicial Staff on Capital Markets

Rwanda’s Ministry of Justice staff members participated in a public education session on how to save and invest through Rwanda’s capital market. The sensitization conducted Capital Markets Authority Rwanda (CMA Rwanda), is part of the institution’s commitment to carry out a number of public education initiatives meant to bridge the financial literacy gap by targeting […]

Rwanda Cuts Central Bank Rate by 50

Rwanda Cuts Central Bank Rate by 50

The National Bank of Rwanda has cut the Central Bank Rate(CBR) by 50 basis points (From  5.5 percent to 5.0 percent) to sustain growing domestic demand in 2019. Governor John Rwangombwa said the MPC will continue to monitor developments in domestic &global economic conditions and stands ready to take appropriate measures. more details  http://bit.ly/2Hdp7LB #MPC2019

Diamond Trust Bank becomes first East African bank to go live on SWIFT gpi

Diamond Trust Bank, a major banking group in East African Community (EAC) has become the first East African bank to go live on SWIFT’s global payments innovation (gpi) service. Gpi is a rapid cross-border payments service that includes real-time payments tracking and transparency on transaction fees and foreign exchange rates. The bank’s EAC active operations […]

Rwanda’s Capital Market University Challenge 2019 Ends with Pomp and Color

Rwanda’s Capital Market University Challenge 2019 Ends with Pomp and Color

Pomp and color characterized the awarding ceremony of the 2019 Capital Market University Challenge after a rigorous and hectic pre-selection stages in all provinces from across Rwanda and the City of Kigali. This year’s competition attracted 672 contestants in both the essay and quiz categories from 16 universities and higher learning institutions. The one-month long […]

Rwanda Bonds: Institutional Investors Snatch March Bond with Lion shares

Rwanda Bonds: Institutional Investors Snatch March Bond with Lion shares

Rwanda’s Central Bank (BNR) 15-year Treasury Bonds worth 10 billion was successfully reopened with a subscription level of 230.91% from 60 applications received in different categories, central bank has said. The books were opened Monday March 25 and closed Wednesday 27, 2019 at 4pm, with institutional investors getting a lion’s share. The book-building method was […]