The Rwanda National Investment Trust Ltd (RNIT Ltd) has been incorporated as an investment management company on 1st August 2013 and has been licensed by CMA on 7th July 2015. The company code of RNIT Ltd is n° 103050292, with an initial share capital fully paid up by the Government of Rwanda represented by Ministry of Finance and Economic Planning.
As a company whose 100 % shares are owned by the Government, RNIT Ltd has been established through a cabinet paper, to promote and manage funds including unit trusts with a view to encourage savings for investment in the capital market. As such the Board of Directors and the Chief Executive are cabinet appointments.
RNIT Ltd falls under the objectives of the Government of Rwanda of promoting the culture of savings. To this effect, RNIT Ltd designs and launches products that suit various investment needs to catalyze wider participation in capital market as well as augment the domestic resource mobilization.
Although it is demonstrated that Rwanda is on a growth trajectory, no country can insulate itself fully from external shocks. A resilient domestic market serves as a cushion to absorb the shocks and quickly come on course to steer the economy to growth.