RSE DAILY PRICE:

How are shares bought and sold on the RSE?

After the shares have been allocated to subscribers in the primary market, the company that offered its shares to the public is listed on the Rwanda Stock Exchange (RSE) where shares can only be bought and sold through licensed stockbrokers (stockbrokers are professionals licensed by CMAC to buy and sell shares on behalf of clients. For this service they charge a commission).

The secondary market is the market where already existing shares and bonds are bought and sold through licensed stockbrokers who are members of the RSE.

Step 1 Open an investment account with your stockbroker

To buy securities, one must open an investment account with a stockbroker for investment and trading in securities. To open this account one needs to provide 2 recent passport photos and a copy of ID card. The stockbroker will also open a CSD account into which your shares/bonds will be held electronically.

Step 2 Placing a buying or selling order to your stockbroker

To buy shares or bonds you are required to discuss with your stockbroker and then provide your account details. To buy or sell, you must give written instructions to your stockbrokers.

To buy/sell share please visit any one of the following Rwanda Stock Exchange members:

MemberContact address

FAIDA Securities Rwanda Ltd

Centenary House 4th Floor

Avenue de la Paix

KIGALI - Rwanda

Bob Karina

P.O BOX 45236-00100, Nairobi

Email: bob@faidastocks.com

Local: Cecilia Kaunga

Mob: + 250 782859330

Email:  Cecilia@fib.co.ke

African Alliance Rwanda

Centenary House Building, 6th Floor

P.O Box 6368

KIGALI

Kenneth Kitariko

Managing Director

Mob: +250  785694490

Email: Securitiesrw@africanalliance.com

rwandaops@gmail.com

mudandil@gmail.com

Continental Discount House

5th Floor Ecobank building

P.O Box 6237

KIGALI

Shehzad Noordally

General Manager

Email: shehzadn@cdhrwanda.org.rw

Tel: +250 252570736

CFC STANBIC

2nd Floor, Plot 1320

Karisimbi road next to Star Times offices

P.O Box 968 Kigali

Consolata Mburu

Email: mburu@stanbic.com

Web: www.csfs.co.ke

Mob:+250 252 559 052/12

DALLAS Securities Brokerage

DALLAS HOUSE

P.O Box 1028

KIGALI

Mrs. Immy Kamarade

Managing Director

Email: immy1965@yahoo.com

Mob: +250 788302

MBEA Brokerage Services Rwanda S.A & MBEA Financial Services Sarl

Avenue de la paix

P.O Box 92

KIGALI

Andrew Otengo Owini

Executive Director

Local contact:

Eric Ngabo

Mob:+250 785640768

Email: Kanaroug@yahoo.com

Dyer and Blair

Chadel Building

Avenue des Milles Collines

P.O Box 5292

KIGALI

Simon Kalenzi

CEO

Email: spkalenzi@yahoo.com

Tel: +250 570390

For inquiries:

Please call: (250)252 500335

Or send email to: info@cmac.org.rw

RWANDA STOCK EXCHANGE LIMITED

ECOBANK building

5th Floor, Avenue de la Paix

P.O Box 3268 Kigali