| Problem Statement
Stock exchanges have played a great role in the investment process in developed countries such as the United
States, the United Kingdom, Japan, and so many others and have contributed to their development. Individuals in
Rwanda have excess liquid cash at their disposal due to few available investment avenues. A stock exchange market is
one of the investment avenues yet to be developed in the country. Its presence encourages investment in securities, thus
economic development of the country in general. Rwanda, like other developing countries, is facing problems of poor
economic growth. The establishment of a stock market in Rwanda will be one of the major initiatives taken by the
Government in improving the national economic growth. Though the stock exchange market is necessary to the
economic growth of Rwanda, its implementation will face many challenges that need to be addressed such as a low
savings rate, a complex tax regime, a small economy and the structure of companies that are family owned and the
absence of financial intermediaries, financial advisory services, investment banks and so on.
Dostları ilə paylaş: | 
