The Rwanda Capital Markets Authority (CMA) published remarks from the Minister of Public Service and Labour and a CMA strategic adviser encouraging workers in the public and private sectors to adopt disciplined saving and channel those savings into Rwanda’s capital market. At the close of Employment Month, the Minister linked personal saving to national development and job creation goals under the second phase of the National Strategy for Transformation, which targets 1.25 million jobs over the next five years. As examples of potential returns, she cited a Rwanda Treasury bond investment of FRW 100,000 yielding 11% per annum versus 8–9% on fixed-term bank deposits, and the RNIT Iterambere Fund (RIF) allowing contributions from FRW 2,000 with shareholders earning 11.78% in the most recent year. CMA Strategic Advisor Dr. James Ndahiro urged employers to introduce workplace savings schemes with automatic employee contributions and employer matching, illustrating a model where FRW 100 is saved from FRW 1,000 of earnings and the employer adds FRW 50.
Rwanda Capital Markets Authority 2025-06-02
Rwanda Capital Markets Authority promotes workplace savings schemes and capital market investing as minister cites 11% Treasury bond yields
The Rwanda Capital Markets Authority shared remarks from the Minister of Public Service and Labour and a CMA strategic adviser urging workers to save and invest in Rwanda’s capital market. The Minister linked personal savings to national development goals, citing Treasury bonds and the RNIT Iterambere Fund as examples. CMA Strategic Advisor Dr. James Ndahiro supported workplace savings schemes with automatic employee contributions and employer matching.