For the first time in a while at the Rwanda Stock Exchange, BRALIRWA shares did not figure in the day’s trading, as its counter remained quiet throughout the day. This may be a cause of shareholders holding onto stock with [...]
A high level delegation from the Kingdom of Lesotho led by the Deputy Prime Minister and Minister of Local Government Chieftainship and Parliamentary Affairs, Hon Mothetjoa Metsing, started a one week study tour in Rwanda on issues of decentralization. [...]
The minister of Finance, John Rwangombwa says that the government will contribute at least 3.5% of total revenue collected in taxation each year as part of the central governments contribution to the Agaciro development fund. The Agaciro development fund was [...]
The Rwanda Stock Exchange of late has truly become a Jekyll and Hyde story. On any given day, returns can either be in the high nine-figure range, or just a couple million. Thursday, unfortunately for market regulars, belonged to the [...]
The Minister of Trade and Industry Francois Kanimba, has hailed the Northern Province for making tremendous efforts in speeding up the level of growth and investment. The minister made the remarks this November 29 while addressing an investment meeting in [...]
Currency Selling Price Buying Price US Dollar (USD) 634.770545 624.694823 Comesa Dollar (CMD) 634.770545 624.694823 Australian Dollar (AUD) 665.239532 654.680174 Chinese Yuan (CNY) 102.025257 100.405809 CFA FRANC (CFA) 1.256657 1.236711 EURO (EUR) 824.313030 811.228696 British Pound (GBP) 1016.838936 1000.698636 [...]
Judging on the somewhat flimsy premise of popularity alone, Bank of Kigali (BK) is far and away Rwanda’s biggest Bank. However, more concrete criteria exist to rightfully assign BK this title, as it remains the country’s biggest bank based on [...]
The UK government announced Friday it was freezing its aid to Rwanda basing on allegations contained in the UN Group of Experts on the conflict in DRC, a decision that Rwanda government says is “ unfortunate and undermines pursuit of [...]
The total turnover for the day was Rwf 18,439,300 from 43,100 Bank of Kigali (BK) shares and 22,700 BRALIRWA shares traded in seven deals compared to Wednesday’s trading session which recorded a turnover of Rwf 18,002,000 from 100,000 BK shares; [...]
Currency Selling Price Buying Price US Dollar (USD) 634.563162 624.490730 Comesa Dollar (CMD) 634.563162 624.490730 Australian Dollar (AUD) 658.549650 648.096480 Chinese Yuan (CNY) 101.870762 100.253766 CFA FRANC (CFA) 1.243477 1.223739 EURO (EUR) 815.667487 802.720385 British Pound (GBP) 1012.445524 996.374960 [...]
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