Minister urges youth to embrace financial literacyKampala, 30th April, 2013…The youth have been urged to identify their strengths and transform them into opportunities that will enable them confront the future if they are to be better citizens.
The Capital Markets Authority(CMA) is a semi autonomous body established in 1996, following the enactment of the Capital Markets Authority Statute 1996. The Authority is responsible for promoting, developing and regulating the capital markets industry in Uganda, with the overall objectives of investor protection and market efficiency. CMA is governed by a Board of Directors comprising a Chairperson and representatives from the private and public sector. The day to day operations of the Authority are handled by the Chief Executive Officer and a team of professionals from various fields.
To make Uganda's capital markets the center of choice for capital raising and investment in the region.
To regulate and promote a robust, transparent, fair and efficient capital market in Uganda.
The development of all aspects of the capital markets with particular emphasis on the removal of impediments to, and the creation of incentives for longer term investments in productive enterprises. The creation, maintenance and regulation, through implementation of a system in which the market participants are self regulatory to the maximum practicable extent, and of a market in which securities can be issued and traded in an orderly, fair and efficient manner. The protection of investor interests. The operation of an Investor Compensation Fund.