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:

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