Tuesday, March 25, 2008

Rwanda’s first IPO set for May

By Phillip Nabyama & David Mugabe of The EABW

"KAMPALA, UGANDA — Buyers should hold onto their cash as the Rwandan government readies to sell its stakes in various companies this May.

The sale of government stake, according to Mr. Henry Gaperi, the chairperson of the country’s Capital Market Advisory Council (CMAC) has been pushed forward from April because the month, being a season when national commemorations like the genocide memorial are conducted, experiences low business activity."


Category: Rwanda + Investment + Stock

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