CMAC campaigns for capital market

  EASTERN PROVINCE GATSIBO — Capital Market Advisory Council (CMAC) on Tuesday conducted a sensitization workshop in Gatsibo district to encourage residents to invest in capital markets.

EASTERN PROVINCE

GATSIBO — Capital Market Advisory Council (CMAC) on Tuesday conducted a sensitization workshop in Gatsibo district to encourage residents to invest in capital markets.

During the workshop residents were informed of the procedures used in business transaction under capital markets. The half day workshop held at Akashya Restaurant in Kabarole town attracted district employees, opinion leaders, Church leaders and private sector. Others included leaders of cooperative societies, Sector and Cell leaders.

Charles Furaha the CMAC Legal and Corporate Affairs officer said the council wanted to enlighten the public on advantages of capital market in the economic development of the country and to individual citizens.

"So we decided to first sensitize and educate the community leaders on what a capital market is and what it does to make them our ambassadors in the entire district," Furaha said.

Furaha told the reporters that the programme of sensitization started around April 31 this year and since then they have managed to sensitize managers from different companies, journalists from different media houses and private and public employees.

He noted that their aim was to develop capital market in Rwanda and become the leaders in the East African region.

He said that sensitization campaign in provinces started on May 12 in Eastern Province. The covered districts in the province include, Kayonza, Kirehe, Ngoma, Bugesera Rwamagana and Gatsibo.

He also said that other CMAC employees have started a similar programme in the Northern Province.

"Our aim is to sensitize all Rwandans on capital market and what they will achieve if they buy shares and treasury bonds from companies. We want to cover all provinces before the end of this month so that people can plan to buy shares in companies that are about to list their shares," Furaha explained.

He said that MTN, BCR, BK, SONARWA, BRALIRWA, FINA Bank are among companies that have been accepted to list their shares on public market.

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