Sub-custody guide: Uganda

Sub-custody guide: Uganda

  • Export:

The Ugandan Capital Markets Authority has banded together with other regulators under the umbrella of East African Securities Regulatory Authorities (Easra) in order to develop the markets in the region. In April 2014 the group resolved to support efforts across the region to introduce new products such as depository receipts, derivatives and real estate investment trusts.

Easra members will be working with market players to introduce to harmonise regulation across the region. This is expected to widen the product offering for investors and draw in international investment while also ensuring that investor protection measures are in place. The group also want to increase public education about financial products.

Uganda 2015

The Kampala Capital City Authority (KCCA) announced plans in October 2014 to raise funds for infrastructure and provision of social services through the issuance of a bond. The population is projected to double in the next ten years, exerting more pressure on infrastructure and social services. 

  • Export:

Related Articles