By Bosco Hitimana of The EABW"KIGALI, RWANDA — Government shares in five profitable companies will be floated on the planned equity market, expected to take off in a month’s time.
Rwanda’s privatisation secretariat and the Capital Markets Advisory Council (CMAC) have already lined up companies in which the government owns less than 30% shares.
Rwanda’s finance minister, Mr. James Musoni said in Kigali last week that the list comprises the leading insurance company; Sonarwa where government owns 10%.
Sonarwa is ready to be listed as soon as the equities market starts operations and other companies will follow gradually."
Complete story for you to enjoy at "Rwanda identifies five firms for listing"
Category: Rwanda + Stock + Investment
No comments:
Post a Comment