In a press release dated 24 July 2015, Bralirwa management said the company understated Cost of Goods Sold and consequently overstated certain inventory items in the company's reported 2014 accounts. The company estimates the effect on the 31 December 2014 balance sheet to be RWF 6.4 billion.

Adjustments will be included in the 2015 half-year accounts, expected to be released on 17 August 2015. The company said the adjustments are all non-cash items and no do effect current trading trends.

Download company statement here: http://rwandainvestor.co...-inventory/#.VbIqIF-qqko