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rwanda stock market
dave.kim
#1 Posted : Friday, September 17, 2010 12:20:48 PM
Rank: Member


Joined: 6/25/2010
Posts: 176
the Rwandan over the counter market opened its doors to stocks recently and with only two companies in the market and four kenyan companies planning to list their shares there, that is untapped potential right there
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
The Merchant
#2 Posted : Friday, September 17, 2010 1:14:54 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
dave.kim wrote:
the Rwandan over the counter market opened its doors to stocks recently and with only two companies in the market and four kenyan companies planning to list their shares there, that is untapped potential right there

Wchich companies have put up their stock? Industry , performance etc let us know friend.
dave.kim
#3 Posted : Friday, September 17, 2010 2:05:58 PM
Rank: Member


Joined: 6/25/2010
Posts: 176
The market has only one company listed so far,KCB which has crosslisted.Bralirwa, a rwandan breweries company is planning to enter into the market by year end.
It is actually 5 Kenyan companies that are planning to cross-list to the Rwandan market. these are Equity Bank, Kenokobil, TPS Serena, Nation Media Group and Centum Investment.for more info on that http://allafrica.com/stories/201009140983.html
To get information about the Rwandan stock market http://www.rnanews.com/b...-stock-market-progress-
Other companies are MTN Rwanda and Sonarwa Rwanda in 2011 http://www.rnanews.com/b...t-experts-say-its-normal
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
kyt
#4 Posted : Friday, September 17, 2010 9:05:13 PM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
dave? Do you stay in rwanda or u just have rwandan market info by your fingertips?
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
tkzee
#5 Posted : Friday, September 17, 2010 9:43:26 PM
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Joined: 7/13/2010
Posts: 160
Location: rift Valley-Naks
A friend of mine was telling me also about a German brewer listing in Rwanda and setting up a plant.I don't have any links to that but someone can confirm.
''i can calculate the motion of heavenly bodies,but not the madness of people''-Isaac Newton
eco
#6 Posted : Friday, July 22, 2011 10:57:27 PM
Rank: Member


Joined: 6/17/2011
Posts: 229
Rwanda is ripening up very fast for business. I am interested to know if there is OTC in Rwanda, and especially for the companies lined up for listing at RSE in the near future. This is a market to watch from within, not without! Read on...

According to African Alliance Securities, ”political risk insurance and trade credit insurance will play a major role in Rwanda’s strategy to become a middle income country by 2020. Coupled with the country’s aggressive business reforms, this specialty insurance is expected to increase Rwanda’s already impressive FDI and export volumes.” Said reforms have been robust and the overall operating environment transparent enough that Nairobi-based ATIA, the continent’s only multilateral political-and credit-risk insurer, plans to make Kigali one of three new office destinations in 2011 as it expects to boost premium income between 30-50 percent. To that end, the World Bank recognized Rwanda last fall as the “second most improved business reformer over the past five years,” while ranking it 58th in its 2011 Doing Business Rankings, an accolade that should bode well if it’s to realize the IMF’s lofty growth projections of 8% annual growth within three years. As far as share trading, the country’s exchange (RSE) opened Jan. 31 and was christened by the IPO of Heineken’s Rwandan unit known as Bralirwa which generated USD$80m against $29.5m projected for the 25% of government shares that were offered and joined Kenya Commercial Bank and Kenya’s Nation Media Group as the only other listed companies. According to African Alliance, “currently seven credible regional and local brokers are registered and more are likely to come into the market as RSE gains momentum with more listings both locally and regionally.” Banque de Kigali, for instance, the country’s largest bank by assets is floating a 25 percent stake in an on going IPO. Other impending listings, as per analysts, include shares of cement-maker Ciments du Rwanda Ltd, Rwanda Commercial Bank and the government’s sale of its 10 percent stake in mobile operator MTN Rwanda as well as its 20 percent stake in the country’s biggest insurer, Sonarwa (Societe Nouvelle d’Assurance du Rwanda) in which Nigerian firm IGI owns a 35 percent stake.
QW25071985
#7 Posted : Friday, July 22, 2011 11:30:10 PM
Rank: Veteran


Joined: 3/25/2011
Posts: 946
dave.kim wrote:
the Rwandan over the counter market opened its doors to stocks recently and with only two companies in the market and four kenyan companies planning to list their shares there, that is untapped potential right there


just a question have you bought into bank de kigali ipo ????
kiterunner
#8 Posted : Saturday, July 23, 2011 12:30:27 AM
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Joined: 7/9/2011
Posts: 730
Location: Nairobi
true Rwanda has a great future, I am however skeptical of those saying it ll surpass its neighbours. With a landlocked country and a small population, there s only so much you can do
our goals are best achieved indirectly
freiks
#9 Posted : Saturday, July 23, 2011 1:10:36 AM
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Joined: 6/8/2010
Posts: 1,729
For those who have been there, its sure a very promising place business and am sure returns have not been so bad either, but you must be having a stomach enough to absorb the 'bumps' and 'poholes' involved in doing business. The only thing is that they really are good in marketing the place more than others, if only kenya and kenyans could know how to do that!!!!!!
Life is an endless adventure
kiterunner
#10 Posted : Saturday, July 23, 2011 1:26:57 AM
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Joined: 7/9/2011
Posts: 730
Location: Nairobi
which is best website to follow news for Rwanda, the only paper i find online in English is a joke aka News Times of Rwanda
our goals are best achieved indirectly
VituVingiSana
#11 Posted : Saturday, July 23, 2011 11:39:54 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Even if Rwanda's GDP doesn't grow to the levels of its neighbours, the good governance means the quality of life (& per capita income will rapidly improve vs its neighbours.

As an investor that is important. I am a small investor not a Warren Buffett who needs deals worth many Billions of $$$ to invest. I don't even have KShs 1bn!(Though I did way more than 1bn Zim$)

So what difference does it make to me if the GDP will remain 'small'?
BTW, look at Singapore vs Malaysia!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
kiterunner
#12 Posted : Saturday, July 23, 2011 12:27:17 PM
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Location: Nairobi
I have no doubt that Rwanda's GDP will continue to grow and that its citizens will play a big part in the rebuilding of Congo when the dust finally settles there. I am also a small time investor too and I have recently taken great interest at the RSE.

I was on a tangent on comparing it with its neighbours, I meant it ll ll not 'grab' big business from its neighbours from Kenya and co. as some people have claimed its going to be the next regional hub.
our goals are best achieved indirectly
VituVingiSana
#13 Posted : Saturday, July 23, 2011 8:27:22 PM
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Posts: 18,103
Location: Nairobi
Rwanda can be the hub they want it to be. Financial Hubs need clean courts (not like Kenya, Uganda or Tanzania) & good communications infrastructure (which Rwanda is building)...

As for airports... Kigali has a better airport than Nairobi!!! Smaller but much better. And the runway lights work!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Sober
#14 Posted : Saturday, July 23, 2011 8:41:33 PM
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Joined: 11/27/2007
Posts: 3,604
The just to be concluded bank de kigali ipo will be a litmus test for this market. I am planning to relocate there (bourse-wise) for a year and come back to the NSE to make money.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Sober
#15 Posted : Saturday, July 23, 2011 8:44:49 PM
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Joined: 11/27/2007
Posts: 3,604
VituVingiSana wrote:
Rwanda can be the hub they want it to be. Financial Hubs need clean courts (not like Kenya, Uganda or Tanzania) & good communications infrastructure (which Rwanda is building)...

As for airports... Kigali has a better airport than Nairobi!!! Smaller but much better. And the runway lights work!


You cannot say ‘better but smaller‘ what will you be comparing then? JKIA beats theirs by far- flight numbers, size, passangers, standards, prestige, opportinity e.t.c
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
kiterunner
#16 Posted : Saturday, July 23, 2011 9:31:18 PM
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Joined: 7/9/2011
Posts: 730
Location: Nairobi
Look at it this way, with clean courts, mimimum manufacturing, small population, landlocked (unlike singapore) and serious competition form Kenya that is cleaning its act and a Uganda that is pulling a Ghana in the east I dont see how Rwanda will pull ahead of its neighbours.

Having said that I believe as their population becomes more educated they will play a big part in the development of Eastern congo but I dont believe they ll beat Kenya or SA as Africa's financial hub, not in my lifetime at least
our goals are best achieved indirectly
VituVingiSana
#17 Posted : Saturday, July 23, 2011 9:54:10 PM
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Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Sober wrote:
VituVingiSana wrote:
Rwanda can be the hub they want it to be. Financial Hubs need clean courts (not like Kenya, Uganda or Tanzania) & good communications infrastructure (which Rwanda is building)...

As for airports... Kigali has a better airport than Nairobi!!! Smaller but much better. And the runway lights work!


You cannot say ‘better but smaller‘ what will you be comparing then? JKIA beats theirs by far- flight numbers, size, passangers, standards, prestige, opportinity e.t.c
Erm, I said smaller but better not ‘better but smaller‘ [lost in translation?]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#18 Posted : Saturday, July 23, 2011 10:14:29 PM
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Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Kagame might be a great leader...but will be the person who takes over from him be the same? Thats where Rw will make it or break it?
Cde Monomotapa
#19 Posted : Saturday, July 23, 2011 10:19:59 PM
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Joined: 1/13/2011
Posts: 5,964
Sober wrote:
The just to be concluded bank de kigali ipo will be a litmus test for this market. I am planning to relocate there (bourse-wise) for a year and come back to the NSE to make money.

Daring.
Cde Monomotapa
#20 Posted : Saturday, July 23, 2011 10:27:07 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Rwanda's total installed electricity generation capacity stands @ 75MW. What r u guys talking about Laughing out loudly Laughing out loudly
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