RSSB moves to recover funds stuck in Vision City project
RSSB's Vision estate in Kigali. According to Ultimate Developers only 142 units had been sold, leaving 362 housing units without buyers. PHOTO | CYRIL NDEGEYA | NATION
Rwanda Social Security Board— a public pension body — has moved to recover Rwf102 billion ($120 million) it invested in a property development project.
The pension fund will inject funds into three lenders, who will in return finance the acquisition of homes in Vision City in its latest attempt to recover pension funds invested in the project.
