The Bank of Kigali Group is set to launch a rap competition with a view to promote the local entertainment industry and increase youth engagement the company s products and services.
The former Minister of Trade and Industry (MINICOM), Béata Uwamaliza Habyarimana has been appointed the CEO of BK Group Plc, a mother company with four subsidiaries including Bank of Kigali, BK General Insurance, BK TechHouse and BK Capital Ltd.
ENERGICOTEL PLC to list corporate bond on Rwandan Stock Exchange igihe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from igihe.com Daily Mail and Mail on Sunday newspapers.
MTN has completed its third listing in as many years of an African subsidiary, with the listing of MTN Rwandacell on the Rwanda Stock Exchange (RSE) on Tuesday.
It listed a total of 1,350,886,600 ordinary shares at an initial listing price of Rwf269 (R3.89) per share, valuing the company at R5.2-billion.
This follows the listing of minority stakes in its Ghanaian subsidiary in 2018 and in its Nigerian subsidiary in 2019.
In Nigeria’s case, the listing followed after MTN settled a long-running dispute with the Nigerian authorities over the disconnection of unregistered SIM cards. As part of the settlement, which included a $1.6-billion fine, the telecoms company agreed to list an initial 21.1% minority stake on the Nigerian Stock Exchange.