Funding Business Growth In Uganda Through Public Offers In The Capital Markets
The Ugandan economy has been thriving for the last 4 decades, driven by sound macro-economic policies under the National Resistance Movement….
Licensing - A Core Regulatory Function in the Capital Markets Essentially, regulation begins with issuance of an operating license (and in some cases, an approval)
The Capital Markets Authority (CMA) is responsible for ensuring observance of its laws as well as the integrity of the capital markets.
1. On-site inspections - Both planned and ad hoc
2. Off-site inspections such as trend analysis and compliance reviews
3. Tracking of new developments
Currently, there are nine domestic companies listed on the Uganda Securities Exchange and eight cross border listings
To be an innovative, efficient and trusted regulator of a regionally competitive capital market
The Ugandan economy has been thriving for the last 4 decades, driven by sound macro-economic policies under the National Resistance Movement….
We all know the troubles that come with actively managing a business as an investment. As an owner operator…
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The Capital Markets Authority (CMA) has, with great concern, noted an increase in the number of incidents relating to fraudulent operators and ….
A number of licenses held by the various capital markets intermediaries in Uganda including stock brokers,dealers, investment advisers, fund managers, collective investment schemes and their managers, custodians and securities central depositories will be expiring during the last quarter of this financial year (April-June 2019/20). Consequently,we expect that the intermediary firms, many of whom hold more than one type of license, will be applying for license renewal. The Capital Markets Authority (CMA) is mandated to license (or approve) firms or individuals to deal in the business of securities.
Family owned businesses are an important feature in Uganda’s economic landscape,dominating sectors such as manufacturing, education and health. These businesses not only contribute to economic growth through employment creation and paying taxes, but also by encouraging innovation. According to a report by Asoko, 11 of the leading 25 family-owned businesses in Uganda have revenues above $100 million, including four with revenues of over $500 million. Key giants among family owned businesses in Uganda that have sustained their business for more than three generations include the iconic Madhvani and Mukwano Groups.
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