Rwanda: RSE Moves to Sharpen Skills of Stock Market Players

Jul 08, 2017 | The New Times; All Africa

Under a deal signed between the Rwanda Stock Exchange and CFA Society East Africa on Wednesday, sector players and the general public will be trained in different areas.

The local stock market has moved to improve the capacity of financial market stakeholders to enhance efficiency and create awareness about the sector. Under a deal signed between the Rwanda Stock Exchange and CFA Society East Africa on Wednesday, sector players and the general public will be trained in different areas to improve their skills and understanding of financial markets by CFA Institute. The Chartered Financial Analyst (CFA) programme is a professional credential offered internationally by the American-based CFA Institute to investment and financial professionals around the world. According to Pierre Célestin Rwabukumba, the chief executive officer of Rwanda Stock Exchange, the partnership seeks to foster the development of the Rwandan capital markets. Rwabukumba added that the agreement includes collaboration on capacity building initiatives for capital market players in areas, like governance and risk management in the financial sector, with an aim of improving professional excellence, ensuring accountability besides creating a pool of professionals to give the public investment advice.For those intending to enroll for the programme, the RSE chief advised them to consider the move as "an investment into their business". He said the institute will also involve investor education and public awareness initiatives to "ensure players understand the fundamentals of financial markets, basic investing principles and investor rights", among others. Read more on All Africa. Source: All Africa