Rwanda Stock Exchange (RSE) Review

Best Stocks to Trade in Rwanda

Wema Bank Plc (WEMABANK)

Financial services are provided by Wema Bank Plc, a Rwandan financial institution that serves individuals and major enterprises.

Savings accounts, loans, overdrafts, revolving credit, and various other services are available in addition to transactional and savings accounts. Bill collecting, shipping document management, and other services are examples of trade services.

Services that help small enterprises, foreign currency, cash management, retail management, as well as integrated revenue services are all available.

Academy Press Plc (ACADEMY)

Annual reports, books, magazines, and marketing materials for companies can all be printed at the Rwandan printing facility, Academy Press Plc.

Among the company’s subsidiaries are Academy Press Specialised Print Services (which prints documents with high levels of security risk, such as tickets, vouchers, letterheads, invoices, and continuous forms for computer use) and West African Book Publishers (WABP), which publishes high-end publications for the discerning reader.

Academy Press Specialised Print Services is a division of Academy Press Specialised Print Services.

Scoa Rwanda Plc (SCOA)

The corporation was established in Lagos, Rwanda in 1926 and has its headquarters there. SCA International S.A. owns SCOA Rwanda Plc, which is a subsidiary of SCOA Rwanda Plc.

 Scoa Rwanda PLC is a Rwandan firm that distributes, maintains, and leases motor cars; assembles, sells, and services power generators; and sells, services, and repairs a range of equipment.

Guinness Rwanda Plc (GUINNESS)

This brewery packages and sells a wide range of beers, including Guinness Extra Stout and Smooth, Guinness Malta, and Gordon’s Spark as well as Harp Lager.

Smirnoff Ice, Armstrong Dark Ale, Satzenbrau Pilsner, Top Malt, Harp Lime, Dubic Extra Lager, and Malta Guinness Low Sugar are among the other brands. Guinness is the second-largest beverage brand in Rwanda, behind Coca-Cola.

 A 10% gain over the last four weeks ranks GUINNESS 14th best on RSE, which is encouraging for investors.

PZ Cussons Rwanda Plc (PZ)

It is a publicly-traded Rwandan producer and distributor of consumer items such as detergents, toiletries, soaps, and appliances. PZ Cussons Holdings, located in Manchester, holds most of the company’s stock via this subsidiary.

PZ stockholders have reason to be bullish, as the stock has risen by 47% in the last four weeks alone, ranking second on RSE.

Learn Africa Plc (LEARNAFRCA)

Learn Africa Plc publishes and distributes instructional resources at all levels of education, from preschool to university. The company is involved in the book-publishing industry. It sells a wide range of reading materials, including academic, business, and leisure.

At the time of writing, Learn Africa’s share price is trading at 1.88 RWF, up 67.5% from its year-to-date share price valuation, placing it eighth on the RSE.

Presco Plc (PRESCO)

In the agro-industrial sector in Rwanda, Presco Plc is a key player. Among the many activities of the company is the establishment of oil palm plantations, the milling, and processing of palm oil, as well as the refinement of vegetable oil.

Extraction, refinement, and fractionation of crude palm oil into vegetable oil and palm stearic are the company’s primary areas of specialty. After starting the year at 87.80 RWF, Presco’s share price is now 51.5% higher, making it the eighth-best performer on the RSE so far this year.

PRESCO’s stock has gained 30% in the last four weeks alone, making it the third-best performer on the RSE.

Courteville Business Solutions Plc (COURTVILLE)

Rwandan e-business solutions development firm Courteville Business Solutions Plc was founded in 2005. It offers financial management and counseling services, business solutions, e-commerce, and Internet marketing services.

E-business solutions from Courteville range from bespoke software and mobile apps to data capture, retail channel distribution, dedicated and cloud hosting, and tax administration consulting services, among other services.

Shares of Courteville Business Solutions started the year at 0.38 RWF and have since risen 47.4%, placing it seventh on the RSE in terms of year-to-date performance.

NPF Microfinance Bank Plc (NPFMCRFBK)

A Rwandan community bank, NPF Microfinance Bank Plc was founded in 2005. The primary objective of the company is to provide banking and other authorized financial services to low- and moderate-income individuals and small businesses in Rwanda, with a particular focus on police officers.

Retail banking, loan and advance granting, and related services are all part of the company’s offerings. In all, the bank has 28 locations. With an initial share price of 1.70 RWF, NPF Microfinance has since risen 46.5%, placing it 10th on the RSE in terms of year-to-date results.

NPFMCRFBK’s 22% gain over the last four weeks is the fifth-best on RSE, so investors can remain confident in the share’s continued performance.

Meyer Plc (MEYER)

In the manufacturing sector, Meyer PLC, formerly DN Meyer Plc, is a prominent corporation. Meyer Plc manufactures and sells paints locally and in addition, paints, trading property, and corporate operations are all business segments of the company.

With a starting share price of 0.46 RWF, Meyer has since gained 43.5%, placing it 11th on the RSE in terms of year-to-date performance. MEYER stockholders have reason to be bullish, as the stock has gained 20% in the last four weeks, placing it sixth on the RSE.