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Rwanda: Capital Markets Awareness


 

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East African Business Week (Kampala)

5 May 2008
Posted to the web 5 May 2008

Bosco Hitimana
Kigali

The Rwanda Capital Markets Advisory Council (CMAC) has started extensive public awareness on the role of capital markets in the country's development.

"The participation of the public in the capital markets is extremely significant in determining the success of the capital market in Rwanda," CMAC executive director, Robert Mathu said. Mathu who was delivering an over view of the capital market to the business executives at a seminar held at Kigali Serena Hotel, noted that public education program is to cause the public to appreciate the new concept of business.

"The only way this can happen is by enhancing public awareness at the individual and organizational levels," Mathu noted.

The program which started by the training of trainers (TOT), has been extended to Chief Executives Officers. Mathu has East African Business Week that they were looking at about 10,000 opinion leaders to pass on the message to a wider public.

In the recent 10th consultative meeting of the East Africa Securities Exchange Association (EASEA) held in Kigali, Rwanda Capital Market Advisory (CMAC) was allowed to become a member of EASEA. This, it is hoped will turn CMAC into a regulating body once Rwanda attains a fully- fledged stock exchange run by the private sector.



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