Rwanda Stocks Clock $1billion in Transaction Value

Rwanda Stocks Clock $1billion in Transaction Value

Rwanda Stock Exchange (RSE) deals have clocked a record $1
billion in transactions with the bank of Kigali leading in numbers of exchanges
out of the eight listed companies on the counters.

This record in transaction value is for the first time at
the exchange marking the close of 2019

“Indeed 8 years $1billion in money raised and securities
traded on a small and new exchange; it has been long but progressive journey
and more is in store. Thanks to a well-run country and properly managed
economy,” said Rwabukumba Celestin Chief Executive Officer of the Rwanda Stock
Exchange (RSE).

Rwabukumba said that the market has come a long way to reach
this level despite a difficult environment especially for the equities markets
since 2015 across the continent.

RSE was incorporated on 7th October 2005.