The RSE announced the partnership through a press release issued on January 26.

The MoU outlines several areas of cooperation, including knowledge exchange, staff training, market development programmes, and the exploration of opportunities for cross-listings and new financial products. 

According to the RSE, this partnership is expected to enhance both markets and establish new connections between Africa and the Caribbean.

The RSE was incorporated on October 7, 2005. It was demutualised from the start as a company limited by shares and officially launched on 31st January 2011.

RSE Chief Executive Officer Pierre Celestin Rwabukumba commented on the significance of the agreement, stating, “This partnership is about more than documents and meetings; it is about sharing experience, growing together, and opening new doors for businesses, investors, and market professionals in both regions.”

JSE Chief Executive Officer Livingston Morrison also said, “We are excited to begin this relationship with the Rwanda Stock Exchange. By learning from each other and sharing best practices, we believe we can create meaningful opportunities for our markets, our listed companies, and our wider financial communities.”

The JSE, founded in 1968, is one of the largest stock exchanges in the Caribbean, with over 70 companies listed in its main market securities. 

On Sunday, June 15, U.S. President Donald Trump stated that Israel and Iran may “have to fight it out” amid ongoing airstrikes between the two nations, but expressed hope that a deal could still be reached. Trump made the remarks before boarding Air Force One en route to the G7 Summit in Alberta, Canada. When asked about his efforts to de-escalate tensions. “I hope there’s going to be a deal. I think it’s time for a deal… but sometimes they have to fight it out,” he said. The statement followed an Israeli airstrike last week that targeted a nuclear facility and military sites in Iran, reportedly killing dozens. Israel said the operation was necessary to hinder Iran’s progress toward developing a nuclear weapon.

Israel’s strikes renew focus on Iran nuclear strike challenges

Israel’s recent airstrikes on Iranian military facilities, including nuclear sites, have revived concerns over the feasibility of dismantling Iran’s nuclear program. A March report from the Royal United Services Institute indicates that such an operation would require extensive firepower and U.S. assistance. Even then, penetrating Iran’s deeply buried enrichment sites would be difficult. The Natanz facility was targeted, but the depth of its underground infrastructure—estimated at around 8 meters—remains uncertain. The report concludes that military action should be considered only as a last resort due to operational and escalation risks.

Iranian missile strikes injure, trap Israeli civilians

Emergency teams in Israel are treating the wounded and rescuing individuals trapped in residential buildings following Iranian missile strikes on central and coastal areas, according to Israeli authorities. Two high-rise buildings in central Israel were hit, leaving people trapped in elevators, Israel Fire and Rescue reported . Footage from Reuters showed significant structural damage to an apartment block and emergency responders conducting search operations. Magen David Adom (MDA), Israel’s national emergency service, stated that it has transported 12 individuals to hospitals and is treating several for minor injuries. A 10-year-old boy is reported to be in serious condition.

IAEA confirms no external radiation after Natanz strike

The International Atomic Energy Agency (IAEA) reported Monday that there is potential for radiological and chemical contamination inside Iran’s Natanz nuclear enrichment facility following Israeli airstrikes. However, radiation levels outside the site remain normal. IAEA Director General Rafael Mariano Grossi stated that uranium poses a significant health risk if inhaled or ingested, but the danger can be mitigated with appropriate protective equipment. He emphasised that there is no radiological impact on the population or environment and noted that no further damage was observed at Natanz or the Isfahan nuclear site since Saturday. Grossi made the remarks during an emergency IAEA board session requested by Russia.

European markets open slightly higher amid Israel-Iran tensions

Major European stock indexes opened modestly higher on Monday. Oil prices remained elevated and volatile due to ongoing uncertainty surrounding the Israel-Iran conflict. Following Israel’s strike on Iranian nuclear and military sites, oil surged over 7% on Friday, reflecting Tehran’s role as a key global producer despite sanctions. Concerns about supply disruption have persisted but eased slightly early Monday. U.S. benchmark crude traded at $73.71 per barrel, while Brent crude stood at $74.00, down from Friday’s peak but still about 7% above pre-conflict levels.