Wednesday, 15 June 2011

Banque de Kigali sale to raise USD 40.8 mln (Rwanda)

The government expects to generate RWF 25 billion (USD 40.8 million) from the sale of shares in the Banque de Kigali and MTN Rwanda, Finance Minister John Rwangombwa told Reuters before he presented the country's 2011-2012 budget. It plans to sell its 10 percent stake in MTN Rwanda, which is 55 percent owned by MTN Group.

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