diff --git a/CHANGES-3.2 b/CHANGES-3.2
index bd04ee64c..cca35f9e7 100644
--- a/CHANGES-3.2
+++ b/CHANGES-3.2
@@ -7,6 +7,21 @@ contributors are listed. Note that Calamares does not have a historical
 changelog -- this log starts with version 3.2.0. The release notes on the
 website will have to do for older versions.
 
+# 3.2.50 (unreleased) #
+
+This release contains contributions from (alphabetically by first name):
+ - No external contributors yet
+
+## Core ##
+ - No core changes yet
+
+## Modules ##
+ - *networkcfg* could fail to update the NetworkManager configuration
+   if the SSID or username contained non-ASCII characters **and** the
+   default Python text-file encoding was set to ASCII. The files are
+   now read and written in UTF-8, explicitly. #1848
+
+
 # 3.2.49.1 (2021-12-11) #
 
 This is a hot-fix release, to fix a regression in the calculation of
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 5ad72ae47..15f40803e 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -41,11 +41,11 @@
 # TODO:3.3: Require CMake 3.12
 cmake_minimum_required( VERSION 3.3 FATAL_ERROR )
 project( CALAMARES
-    VERSION 3.2.49.1
+    VERSION 3.2.50
     LANGUAGES C CXX
 )
 
-set( CALAMARES_VERSION_RC 0 )  # Set to 0 during release cycle, 1 during development
+set( CALAMARES_VERSION_RC 1 )  # Set to 0 during release cycle, 1 during development
 if( CALAMARES_VERSION_RC EQUAL 1 AND CMAKE_SOURCE_DIR STREQUAL CMAKE_BINARY_DIR )
     message( FATAL_ERROR "Do not build development versions in the source-directory." )
 endif()