Fred Nyayieka

Why drop in interest rates is good for the economy

As the National Bank of Rwanda was unveiling the results of the last issue of the 5 year Treasury Bond last week, one clear unknown warning that the Government was sending to investors and particularly commercial banks was that time for them to seat and wait for Treasury Bonds to invest is over and...

Friday, March 2, 2018, 12:00 AM

Using debt to build wealth

While majority often equate debt free status to financial health, the same may not hold true. Experience has shown that most people who spend most of their lives striving to be debt free end up poor or with no tangible wealth altogether. Except for a few cases like inheritance, bequests or jack...

Thursday, February 22, 2018, 12:00 AM

Rwanda's capital markets at crossroads

As the Rwanda Stock Exchange launched the “Access and Grow” campaign last week, what most policy makers and observers may have missed to appreciate is a deep desire by an enthusiastic institution that has continuously gone out of its way in helping the country achieve the principal...

Wednesday, February 14, 2018, 12:00 AM

Need for new approach to social security in Rwanda

In line with trends in both developing and developed countries, Rwanda has over the years reviewed its social security system as a major component of inclusive social economic development. Whereas it is envisaged in social security policy that the country achieves universal social security...

Wednesday, January 31, 2018, 12:00 AM

When do you decide to invest and not to?

Most people fail to appreciate the benefits of investing as they do not know which type of investors they are. Just like stocks, investors fall under three main broad categories namely, speculative, fundamental and prospective. Returns or profits on any investment also follow the same broad...

Friday, January 26, 2018, 12:00 AM

Gaining financial independence

More often most people already know that they need to save to gain financial freedom but even in cases where we are able to save, we still find that gaining financial freedom remains a mirage. On the other hand, one may perpetually find excuses for not saving and leave with that. To be able to...

Wednesday, January 17, 2018, 12:00 AM

Investing in the Stock Market

Late last year, there was a very interesting development regarding one of the quoted companies at the Rwanda Stock Exchange which many investors may have missed to appreciate. However, some keen investors may have taken advantage to make money. As one quoted company was announcing its strategic...

Friday, January 12, 2018, 12:00 AM

Financial planning key to comfortable retirement

No matter how active we are today, there will come a time when we will have to retire. However, our living expenses such as food, medical care, housing and electricity do not retire. Saving in a retirement benefits scheme now helps us to save and create the income needed in retirement to cater for...

Tuesday, December 12, 2017, 12:00 AM

Why you need to weigh up personal investment options

Whereas there are several considerations in deciding where to invest, a major factor is the objective. Your objective for investing determines where you put your hard-earned money. The overriding factor is however to obtain a decent return on your investments. If the objective is savings to...

Wednesday, December 6, 2017, 12:00 AM

Gaining financial freedom

While policymakers have often grappled with theories of increasing domestic savings, little has been done to sensitise the public on the considerations in prudent savings. It is important to appreciate that a holistic approach in addressing challenges associated with lack of or minimal savings is...

Tuesday, November 28, 2017, 12:00 AM

Harmonise RSSB laws to accommodate non-citizens

As the region continues to celebrate the strides towards the integration of East African Community, a fundamental area of integration has largely escaped policymakers. This is harmonising national social security policies in member countries. From different benefit structures to haphazard social...

Tuesday, October 31, 2017, 12:00 AM

Your pension will never be enough

An important consideration in planning for retirement is the level of income you will need and where the income will come from. Most people have unrealistic expectations as to the level of pension they will receive in retirement. This explains why in Rwanda today many mumble at the benefits paid by...

Wednesday, October 4, 2017, 12:00 AM

Private pension sector key to Rwanda’s economic growth

Rwanda continues to post impressive economic growth figures as it makes strides towards Vision 2020. However, it is not lost to many economic analysts that the growth rates have not been commensurate with the level of domestic savings and private investments. A good pool of long term domestic...

Thursday, September 14, 2017, 12:00 AM

Pension reforms in Rwanda

The structural reforms in the Rwandan pensions sector reached its peak on July 19, 2016 with the gazetting of Regulation No. 04/2016 on the registration of voluntary pension schemes and licensing of pension scheme service providers.   The regulations operationalised Law No. 05/2015 of 30/03/...

Friday, September 8, 2017, 12:00 AM