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CMA Rwanda and IFC host a breakfast meeting on corporate governance, November 16, 2016

The Capital Market Authority (CMA) in partnership with International Finance Corporation (IFC), a member of the World Bank Group host a breakfast meeting themed “Corporate Governance; the pathway to sustainable business growth in Rwanda” on Wednesday, November 16th , 2016 to raise awareness on issues related to Corporate Governance as a sustainable driver of business growth.

Good corporate governance practices will attract investors to emerging markets’ businesses and address the barriers to access long term funding with lower transactions costs and hence lower cost of capital. Increased access to capital encourages new investments, boosts economic growth, and provides employment opportunities.

The Executive Director of Capital Market Authority (CMA), Robert Mathu stressed that “IFC has consistently cooperated with CMA in helping companies in Rwanda to explore capital markets as a source of long-term finance. A key prerequisite to access capital from public markets is to adopt and internalize corporate governance practices to instill confidence among investors.”

 

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Uploaded on November 17, 2016
Taken on November 16, 2016