Varsity students urged to use stock exchange as vehicle for wealth creation

Students should exploit the different opportunities presented by programmes geared at economic empowerment of young people. To benefit from such opportunities, youth must develop a savings culture, especially through the local bourse, Vedaste Tuyishimire, the business development officer at CHD Capital, a Kigali-based brokerage firm, has said. He added that accumulation of savings is essential to cater for emergencies, invest in education, as well as safeguard ones future. Tuyishimire was speaking during the Capital Market Authority (CMA) awareness drive on benefits of investing in shares of firms listed on the capital market at the University of Lay Adventists of Kigali (UNILAK) on Wednesday. The campaign aims at encouraging youth across the country to embrace the savings culture through capital market as an investment vehicle to contribute to the country’s development. According to Magnifique Migisha, the CMA public relations officer, the awareness campaign in universities also seeks to deepen their knowledge to help them make informed investment decisions. “We are committed to building a financially literate generation by helping young people gain the required skills and knowledge to make right savings and investments choices,” Migisha said. Patrick Kareba, a student at UNILAK, said he got information that will help him to make right decisions when investing on the stock market. He said savings are essential as students prepare for life after school.

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Varsity students urged to use stock exchange as vehicle for wealth creation