Category: Market Commentary

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…

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…

I have said at various fora that there is a lot more capital looking for investments across the world, relative to the pipeline of investment opportunities. The Organization for Economic Cooperation and Development (OECD) estimates this at USD 44 trillion,…

In the past seven to ten years, Uganda has witnessed an explosion of investment clubs. Friends, family members, colleagues at work, former schoolmates and a host of individuals with a common bond have come together to save and invest, as…

Over the past few days, a debate has been raging in the traditional and social media space about the rationale for MTN floating shares on the Uganda Securities Exchange. This followed an appeal by President Museveni to the MTN Group…

The 2014 census results indicate that Uganda has a labour force of 16 million people. By the end of 2015, only 757,179 Ugandans were actively saving with the National Social Security Fund (NSSF) – a mandatory savings scheme for all…

The significance of developing domestic capital markets as a means of financing priority sectors and driving economic development is increasingly being acknowledged by policy makers in Africa. For instance, the African Union (AU), Agenda2063, prioritises the development of capital markets…

On 10th May, British American Tobacco Uganda Limited (BATU)and Stanbic Bank Uganda Limited (SBU) will hold their Annual General Meeting (AGM) and on 11th May, Umeme Limited will hold theirs, all here in Kampala. My past attendance of several AGMs,…

The Capital Markets Authority will soon launch a ten year Capital Markets Development Master Plan. The plan is an industry-wide blue print that will provide a road map to firmly position Uganda’s capital markets as a cost-effective and efficient source…

The capital market is a crucial component of the economy that channels personal or pooled savings to public or private enterprises, or governments in need of long term capital. This capital is used to generate economic output, thus supporting development…