Kagame Keeps Delaying the Agenda of Making Rwanda Pension Fund Transparent and Accountable to the People of Rwanda

David Himbara

David Himbara

General Paul Kagame and his wife Madame Jeannette Nyiramongi Kagame at the July 13, 2012 launch of his ruling party company, East African Granite Industries that is financed by the Rwandan pension.

Pension funds play two major roles – they support individual pensioners who contributed to the funds and finance vital national development projects.

Crucially, pension funds are managed with outermost transparency because they are public assets.

In the case of Rwanda, General Paul Kagame has long captured the Rwanda Social Security Board (RSSB), the national pension body.

Companies of his ruling party, such as Inyange Industries, East African Granite Industries, and Crystal Telecom were established using RSSB pension money. This explains Kagame’s reluctance to render RSSB transparent despite considerable external pressure.

The January 2022 International Monetary Fund (IMF) report indicates the delaying tactics of making RSSB transparent. 

The report says that “the selection of an advisory firm to conduct a review of Rwanda Social Security Board (RSSB)’s asset allocation (end-June 2021 RT) has yet to take place…As a result, the review of RSSB asset allocation, which was expected to be conducted before the end of the year (end-December 2021 RT), has been delayed to end-June 2022.

Will Kagame ever allow RSSB to become transparent?

Stay tuned.

26 thoughts on “Kagame Keeps Delaying the Agenda of Making Rwanda Pension Fund Transparent and Accountable to the People of Rwanda

  1. What i don’t understood is if truth be told how you’re not really much
    more smartly-favored than you might be right now. You are
    very intelligent. You already know therefore significantly in the case of this topic, produced me
    in my opinion consider it from so many various angles.
    Its like women and men don’t seem to be involved unless it is something to accomplish with Girl gaga!
    Your personal stuffs excellent. At all times take care of it up!

  2. I know this if off topic but I’m looking into starting my own blog
    and was curious what all is needed to get setup? I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very internet smart so I’m not 100% positive.
    Any suggestions or advice would be greatly appreciated. Many thanks

  3. You really make it seem so easy with your presentation but I find this topic
    to be really something that I think I would never understand.
    It seems too complex and extremely broad for me. I’m looking
    forward for your next post, I will try to get the hang of

  4. Can I just say what a relief to uncover an individual who actually knows what they’re talking about on the net.
    You actually know how to bring a problem to light and make it important.

    More people must look at this and understand
    this side of the story. It’s surprising you’re not more popular given that you certainly have the gift.

  5. I am really impressed together with your writing skills and also with the format in your weblog.
    Is this a paid subject matter or did you modify it your
    self? Anyway stay up the nice quality writing, it is uncommon to look a great weblog like
    this one these days..

  6. Wow, incredible blog structure! How long have you ever been running a blog for?
    you make blogging glance easy. The total glance of your web site is magnificent, let
    alone the content!

  7. Today, I went to the beachfront with my kids.
    I found a sea shell and gave it to my 4 year old daughter and said
    “You can hear the ocean if you put this to your ear.”
    She placed the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear.
    She never wants to go back! LoL I know this is totally off topic but I had to tell someone!

  8. Pingback: how to buy 1p lsd,
  9. Pingback: sex tour 15

Leave a Reply

Your email address will not be published. Required fields are marked *