Cimerwa lists more than 7 million shares on RSE

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Rwanda’s pioneer cement factory Cimerwa has today listed 703,219,520 on the Rwandan Stock Exchange.

The factory managed to sell 6,000 shares each selling at Rwf120 during its first listing on the RSE. 

An estimated 344,575,560 shares representing 49 per cent of the listed shares will be sold through free float.

Clare Akamanzi, CEO of Rwanda Development Board (RDB), urged investors in the manufacturing industry to also take courage to invest in the Rwandan Stock market .
 The RSE  is expect to vitalize the Rwandan GDP especially in this financial year.

 

 

 

 

 

 

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