Rwanda National Investment Trust Ltd (RNIT), a company fully owned by the Government of Rwanda today launched RNIT Iterambere Fund – an open end balanced fund to facilitate Rwandans to have a planned approach to investments and wealth creation. RNIT Iterambere Fund allows investors to participate in Rwanda’s growth story with a single investment that…
The government launched a financial literacy campaign about two years ago. The campaign also has a component on deepening the savings culture in the country. The initiative also seeks to enhance deposits to reduce dependence by commercial banks on foreign funds and ensure sustainable domestic sources of development finance. Rwanda National Investment Trust (RNIT) was…
Recent strong performance by Rwanda National Investment Trust (RNIT) has led to increased shareholder confidence in the Fund. RNIT Iterambere Fund grew to Rwf1.530 billion in February, up from Rwf1.476 billion in January, according to the Fund’s performance report. It registered an annual return of 9.8 per cent in its first accounting year. Shareholders say…
