RNIT Iterambere Fund attracts Rwf3.55 billion in first week of April
RNIT Iterambere Fund said it received 3.55 billion Rwandan francs in savings during the first week of April 2026, (…)
Recent regulations introduced by the Rwanda Governance Board (RGB) now require faith-based organizations to meet stricter standards, including demonstrating that their places of worship comply with local construction laws. Each organization must also collect at least 1,000 signatures from residents in the district where it plans to operate.
Under existing rules, legal representatives and their deputies must hold a recognized theology degree or equivalent certification, particularly if obtained from a foreign institution.
Speaking at a meeting with faith leaders in Kigali on September 17, RGB Chief Executive Officer Doris Uwicyeza Picard said the board is aware that some suspended or revoked organizations have moved their activities online to evade regulations.
“The reason why they are moving online is they believe that online is a lawless place, and that is not true. That is a message that we are putting across; we will be assessing this online preaching. All those found to be in contravention of the law will be held accountable,” Uwicyeza said.
The meeting also included discussions on compliance with the National Policy on Anti-Money Laundering, Countering Terrorism and Proliferation Financing (AML/CFT), among other issues.
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