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Capital Market Advisory Council (CMAC)

User Publish@Shakisha      Hit Counter 9580
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Capital Market Advisory Council (CMAC)

Capital Market Advisory Council (CMAC)

  • Name of the business / organization :
    Capital Market Advisory Council (CMAC)
  • Country :
    Rwanda
  • Province :
    City of Kigali
  • District :
    Nyarugenge
  • Address - Brief description (or street and number) :
    5th Floor, Ecobank Building, Avenue de la Paix
  • Address - City :
    Kigali
  • P.O. Box and City :
    6136, Kigali, Rwanda
  • Fixed telephone 1 :
    +250 252 500 335
  • Web site :
  • Business / Organization Brief Description :
    CMAC was established by the Prime Minister’s order n° 01/03 of 28/03/2007.

    The council reports to the Minister of Finance and Economic Planning and is responsible for:

    a) Developing guidelines for the issuance and trading of debt and equity securities in Rwanda;

    b) Developing legislation required for the operations of securities issuance and transactions;

    c) Promoting the interests of market participants;

    d) Considering the interests of other stakeholders;

    e) Establishing an over-the-counter market to enable securities transactions;

    f) Sensitizing the public on the role of the capital market for economic development

    The Council is mainly responsible for providing strategic leadership in the development of Capital Market in Rwanda.


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