Rwanda Stock Exchange Limited (RSE) is a Rwandan Stock Exchange and was incorporated on 7 October 2005. The Stock Exchange was demutualized from the start as it was registered as a company limited by shares. The company was officially launched on 31 January 2011.
History
The exchange's doors opened for trading on 31 January 2011. That day coincided with the first day of trading in the stock of Rwanda's only brewery, Bralirwa, which trades under the symbol BLR.[3] The Rwanda Stock Exchange replaced the Rwanda Over The Counter Exchange that had been in operation since January 2008, with two companies listed, namely Kenya Commercial Bank Group (KCB) listed on 18 June 2009 and National Media Group (NMG) listed on 2 November 2010.[4]
Expansion
Having successfully launched Bralirwa as its pioneer initial public offering (IPO), RSE's second IPO was Bank of Kigali, launched on 31 June 2011.