About CMA
Capital Market Authority (CMA) is a specialized organ established by Law No.057/202021 bis of 18/09/2021 establishing the Capital Market Authority of Rwanda, with dual mandates for developing and regulating the capital markets industry, commodities exchange and related contracts, warehouse receipts systems and collective investment schemes. CMA was previously referred to as the Capital Market Advisory Council (CMAC) which was a council established by Prime Minister's Order of 28 March 2007 to initially guide the development of a Capital Market in Rwanda. The Law No 057/2021 bis of 18/09/2021 repeals the Law No 23/2017 of 31/05/2017 and other prior related legal provisions.
Our Vision
To be a key contributor to Rwanda becoming a competitive financial center through mobilization of long term capital.
Mission
To nurture wealth by facilitating the development of an orderly, fair, transparent and efficient capital market.
Core values
Good Governance, Knowledge, Creativity and Innovation.
Latest news
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CMA launches 10th edition of University Challenge
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Rwanda’s capital market kickstarted an awareness campaign targeting public servants
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PUBLIC NOTICE FOR INVESTOR PROTECTION AGAINST UNLICENSED CAPITAL MARKET BUSINESS
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Rwandan student leaders advised to explore capital market opportunities
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Rwanda's Capital Market Authority joins IOSCO in the 2022 World Investor Week campaign to enhance investor education
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CMA Announces Winners of the 9th Edition of Capital Market University Challenge
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CMA has launched the 9th edition of Capital Market University Challenge
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CMA Rwanda participates in the 5th edition of the IOSCO's World Investor Week campaign
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IFC, Rwanda Capital Markets Authority and Central Bank Join Forces to Boost Access to Long-Term Finance for Small Businesses
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Energicotel ‘ECTL’ PLC corporate bond begins trading at the Rwanda’s capital market