TheMarketBoard

A Panafrican Financial Story

[Johnny Kayihura @johnnykayihura]

@MweneRubanda @Muhirela @cuwajeneza @YussoufNtwali @EricEricnziza @JeanClaudeRW I don’t know you MweneRubanda and why do you have to hide your real identity to come here and rant about someone who started a real business and learned from it.

[Johnny Kayihura @johnnykayihura]

@Muhirela My cent on this. Grants and prizes are business killers. Real money goes to best profitable business ideas. What is the ROI on every single $ invested? There you have it.

[K-A-T-U-R-E-B-E @Katurebe99]

@johnnykayihura @Muhirela This grant thing is so real in our ecosystem.
I know companies by name whose products I can’t tell who are always out there collecting grants. Look at their business? Nothing to show for the money.
We need a real ecosystem

[Johnny Kayihura @johnnykayihura]

@Muhirela I am sorry but grants and prizes are a distraction when the business aims at those in the first place. Well and good if they come but many businesses are built chasing for the prizes and grants and end up in ditches after couple years

[Dhaval (Investment Books) @InvestmentBook1]

Berkshire Hathaway's stocks have delivered a CAGR of 21% over the past 42 years but if you bought it in 1997, You would have to wait five years before you saw any positive returns.

[CNBC Africa @cnbcafrica]

The latest report by the National Institute of Statistics of Rwanda shows the country’s economy grew by 10.1 per cent in the third quarter of 2021, compared to the same quarter last year.
https://t.co/bgMRTPABwO

[Ministry of Finance & Economic Planning @RwandaFinance]

#Rwanda's economy grew by 10.1% in the 3rd quarter of 2021 where services contributed 48%; agriculture 23%; Industry 21% and net direct taxes accounted for 7%. You can find additional information here https://t.co/Laa9yCp7EX

[Backchannel @BackchannelNews]

🔴 Two-thirds of the climate finance comes in the form of loans. Countries that are facing the worst impacts of climate change are being pushed further into a debt trap.

Revisiting debt swaps should be a priority for next year’s agenda.
For more details👇

[PSF Rwanda @PSF_Rwanda]

#Rwanda and China agree to eliminate double taxation https://t.co/wuLapk64O0 via @NewTimesRwanda

[OECD Business and Finance @OECD_BizFin]

Happy 2⃣0⃣th 🎂, @OECD Global Forum on Competition!

This year, Day 1 will explore #Trade, #Development & #Competition featuring

🎙️ @MathiasCormann
🎙️ @KGeorgieva @IMFNews
🎙️ @NOIweala @WTO
🎙️ @RGrynspan @UNCTAD

🗓️6-8 Dec 2021 📽️ Live at 12.00 CET

▶️https://t.co/YwvoOaY1M0

[Clare Akamanzi @cakamanzi]

Rwanda: 9th in 2014 and 4th in 2021 #InvestinRwanda

[Kigali International Financial Centre @Kigali_IFC]

Yesterday we had the pleasure to receive Amadou Gallo Fall @amadougallofall President of @theBAL and his team, to introduce KIFC's activities and discuss basketball as an economic growth and talent springboard. We share the same game-changing pan-African vision!

[European Investment Bank @EIB]

We are proud to partner @BRDbank to help companies impacted by #COVID19 in #Rwanda. Today @OstrosThomas @undagijimana @Ksayinzoga unlocked €30mn financing giving private sector more access to long-term loans & help strengthen Rwanda's economic recovery👉https://t.co/ZgGWc6ZAhE

[Informal Economy @EconomyInformal]

Employment Rate (%)

Netherlands🇳🇱: 80.8
Iceland🇮🇸: 79.3
New Zealand🇳🇿: 79.1
Japan🇯🇵: 78
Germany🇩🇪: 75.9
UK🇬🇧: 75.1
Australia🇦🇺: 74.8
Canada🇨🇦: 73.8
USA🇺🇸: 69.7
EU🇪🇺: 68
France🇫🇷: 67
Spain🇪🇸: 62.1
Colombia🇨🇴: 61.5
Chile🇨🇱: 59.2
Italy🇮🇹: 57.7
Greece🇬🇷 : 56.4
Turkey🇹🇷: 47.9

@OECD

[World Alliance of International Financial Centers @WAIFC_]

Read the opinion of @Nbarigye, CEO of @Kigali_IFC and WAIFC board member, on green finance.

📲https://t.co/Sfgz0zfOPD

[Bloomberg Originals @bbgoriginals]

Four factors behind the divergence in China-U.S. markets. Insights by Erik Norland.

[The New Times (Rwanda) @NewTimesRwanda]

Rwanda earned over Rwf1.4 trillion from exports during the 2020-2021 fiscal year, representing a 16.4 per cent increase in the country’s export receipts, according to a Central Bank report.

https://t.co/BcIglCrKTp

[Kigali International Financial Centre @Kigali_IFC]

Yesterday @Kigali_IFC delegation met with officials from Luxembourg Financial Intelligence Unit where they discussed on compliance within international financial centers with respect to beneficial ownership information, the fight against money laundering & financing of terrorism.

[Teddy Mpinganzima Mugabo @TeddyMugabo_]

Find out how Rwanda plans to become the Green Finance hub in Africa
#GreenRwanda #InvestinRwanda https://t.co/jmfcoEJt8n

[Yolande Makolo 🇷🇼 @YolandeMakolo]

Good news: @RwandaGov to raise cap on taxable monthly income from Rwf 30,000 to 60,000, in line with reducing the tax burden on low-income formal workers, and to promote employment. To be reviewed every 5 years.

https://t.co/xzBdLtL2FI