Rwanda’s Capital Market Authority (CMA) joins the rest of the world to celebrate the 2018 World Investor Week which involves a week of activities carried out by CMA to guide current and future investors to help them make informed financial decisions since a “well-informed investor is a well-protected investor”. Rwanda is an associate member of IOSCO.
The International Organization of Securities Commissions (IOSCO) prepares the second annual World Investor Week (WIW) from October 1st – 7th, 2018 to promote investor education and protection and highlighting the various initiatives of securities regulators in those two areas around the globe.
A key objective of the World Investor Week is to highlight the importance of investor education and protection, and to foster learning opportunities for investors, given today’s rapidly changing environment of online and technological innovations.
The official launch took place at The Adventist University of Central Africa on 2nd October where more 1,200 students learnt how to save and invest through capital market, we aim at introducing the youth to the capital market and the culture of saving while they are still at the university. We also aim to interest them to the industry as future professionals.
The acting Executive Director of CMA Rwanda, Eric Bundugu noted that “The aim for this year’s World Investor Week is to create general awareness about investor rights with respect to retail/ individual investors on the Rwandan Capital Market.”
“CMA plans to conducts various public education activities to create awareness among investors by disseminating information on the importance and benefits of saving and investing through the capital market and we shall emphasize mainly on embracing the savings culture aimed at promoting greater retail participation in the local capital market,” stressed CMA’s Acting Executive Director.
John Uwiduhaye, a final year student at the Adventist University of Central Africa said that “investor education is vital to ensure financial inclusion and equip young people with necessary skills as entrepreneurs of tomorrow as saving and investing through the capital market supports initiatives geared at entrepreneurship and job-creation.”
Throughout the 2018 World Investor Week, CMA plans to conduct various public education sessions targeting retail/ individual investors across the country. In addition to that, CMA also plans to educate investors on various investment products on the capital market through social media and broadcast media
CMA has committed to carry out a number of public education activities, meant to bridge the financial literacy gap targeting retail investors in Rwanda to facilitate an interactive and educative forum to enable investors to start saving and investing through local capital market.
