He was speaking at a press briefing on Wednesday, where RSSB officials presented the institution's overall performance from 2021 to 2025.
Rugemanshuro highlighted that RSSB's total assets have doubled in five years, climbing to Frw 3 trillion as of June 2025.
The return on investment also rose sharply, moving from 1.4 percent in 2021 to 14.2 percent in June 2025.
Investment portfolio increased to Frw 2.846 trillion in 2024/2025, translating into an increase by 16.7 percent compared to the previous year.
'Over the last five years, RSSB has reshaped its investment approach by focusing on sustainable real estate projects and subjecting all new investments to thorough due diligence,' Rugemanshuro said. 'The results are clear, and this is the strategy we intend to maintain.'
He added that in addition to reviving underperforming assets, the institution successfully exited certain investments at a profit.
Rugemanshuro also dismissed past criticism that RSSB was operating at a loss, saying current results demonstrate sound financial management.
'This confirms that members' contributions are being well protected, invested for their benefit , and used to support job creation and national development,' he emphasized.
The report further showed an expansion in healthcare partnerships. The number of health facilities working with RSSB under the Community-Based Health Insurance scheme (Mutuelle de Santé) increased from 953 in 2021 to 1,182 in 2025, while those under the Rwandaise d'Assurance Maladie (RAMA) scheme rose from 810 to 1,152.
RSSB indicates that although investments in real estate are still generally lagging behind, they account for 10% of its total investments.
'This is an area where we need to intensify efforts. Despite achieved progress, delays in project implementation remain an issue, from project initiation to completion, due both to follow-up capacity and needed improvements in the construction sector,' he said.
Among the ongoing projects is Heza Estate, where 70 percent of the houses have already been reserved by buyers even as works near completion.
RSSB is also planning to expand developments on land near the Kigali Golf Course, with plans including a five-star hotel and other projects in collaboration with private investors.
Rugemanshuro concluded that, while there is room for improvement, the last five years have shown remarkable progress,with significant contribution to Rwanda's broader development goals.
IGIHE
Source : https://en.igihe.com/business-62/article/rssb-posts-frw-361-7-billion-profit
