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Kicukiro: Women urged to save and invest through the capital market

The Capital Market Authority (CMA) has encouraged women representatives from across Kicukiro District in the City of Kigali to secure a bright future by availing themselves of the available investment opportunities in the local capital market. This has been revealed during the National Women’s Council General Assembly in Kicukiro District.

The Coordinator of the National Women Council in Kicukiro District, Christiane Umuhire has urged women representatives in Kicukiro to develop a saving culture as a way of improving their standards of living.  She stressed that “As a woman you need to start a habit of keeping some money for the well-being for your family.”

The Public Relations and Communication Officer at the Capital Market Authority, Magnifique Migisha addressing hundreds of women representatives advised them to secure early their financial future by saving and investing in the nation’s capital market as there were various products that would be reasonably priced for them.

He noted that “Take advantages of the available opportunities so that you can save and invest wisely in the Rwanda’s capital market products and the capital market is not only accessed by institutional investors and individual investors but can as well participate in the market.”

CMA Rwanda has committed to carry out a number of public education initiatives meant to bridge the financial literacy gap especially among the general public by facilitating an interactive and educative forum to enable them start saving and investing through the capital market.

While addressing representatives of women in Kicukiro District, the Mayor, Dr. Jeanne Nyirahabimana advised them to cultivate a culture of saving to contribute to the well-being of their families as well the country’s development. “By putting away money on a regular basis, you will also build the discipline needed to save and invest for your bright future”.

Some women have started saving groups which have grown into cooperatives and ready to keep working hard to get more income.