The Kikonyogo Capital Markets Award (KCMA) is an annual ceremony held in honor of the late Governor of the Bank of Uganda, Mr. Charles N. Kikonyogo and seeks to recognize the outstanding contribution of an individual towards the development of the capital markets industry in Uganda. The Award recognises one who has emulated the contribution of the late Governor in the industry’s development.
The Late Governor Kikonyogo was very instrumental in the establishment and development of the capital markets industry in Uganda; He secured continual funding for industry activities and provided logistical support to the Capital Markets Authority (CMA) and the Uganda Securities Exchange (USE). He therefore holds a very special place in the history of the industry. In view of the crucial role that he played in establishment and development of capital markets, the industry accords a permanent remembrance and recognition of the late Governor’s work, through the KCMA. | read details »»
Capital Markets University Challenge
Background
One of the statutory objectives of the Capital Markets Authority (CMA) is to promote and develop the capital markets industry in Uganda. Public education has been identified as one of the ways of attaining this goal. In consideration of this, the CMA embarked on a number of public education drives like the Office to Office initiative, public seminars, the Secondary Schools Challenge, exhibitions, and road shows among others, which have catered for quite a large section of the public. | read details »»
Capital Markets Secondary Schools Challenge
As part of its public education programme, CMA in partnership with the British Council, with sponsorship from GTZ/ Sida FSD, Kenya Airways and other organisations, initiated the Secondary Schools Challenge as an education tool for the Advanced Level (A-Level) students on financial matters. The Schools Challenge is also expected to capture a wider adult audience such as parents, teachers as well as the interested general public.. | read details »»
Office- Office Initiative
As part of its public education programme, CMA concieved the Office- Office Initiative in which CMA carries out investor education among the working class at their working places of work, at a time convenient to them. This programme targets the working class, who have the will and ability to save but are not aware of the viable savings option in the captial markets industry, which could serve as an alternative savings and investment option.
CMA has so far visited the following offices under the office to office intiative;
CMA recognises that enhancing public education & awareness about Capital Markets is an important part of its mandate especialy among the youth who are considered to have immense potential of contributing to the growth and development of the capital markets industry in Uganda. For this reason school seminars are an important component of the public education program, targeting mainly Advanced level students.
CMA Officials have so far visited Kings College Budo, Nabbingo High School, Makerere College School, Hamdan Girls School in Mbale among others. The seminars included presentations and discussions on capital markets as an alternative avenue for investment & savings and the role of Capital Markets in an Economy.
If you would like CMA to visit your school, kindly call, email or write to us & we will be glad to visit you.
CMA has also visited several universities and higher institutions of learning including Uganda Christian University Mukono, Kampala International University and Makerere University.
CMA working on inclusion of Capital Markets in the Secondary School Curriculum
CMA is working closely with the Curriculum Development Centre in the Ministry of Education and Sports to influence the current syllabus in order to include a component of financial and capital markets through subjects such as commerce and economics and the newly introduced one, Entrepreneurship.
The inclusion of capital markets studies in the ‘O’ level curriculum, which is currently under review, and later in the ‘A’ level curriculum will enlighten and broaden the students' understanding and outlook to choose careers that would enable them participate in the capital markets industry in the future. Students would also be in a position to transfer knowledge and information to their parents and local communities.
CMA is targeting the youth as a definitive focus group that will carry the flag for capital markets and establish a platform for the development of capital markets in the future. CMA has establsihed various avenues through which a marked impact on this group would be reached.
The visits to schools and higher institutions to give talks on capital markets and the Secondary Schools Challenge are some of the avenues through which CMA hopes to spread the gospel of capital markets in this direction.
CMA continues to participate in various exhibitions. CMA continually participates in regional & international trade fairs organized by Uganda Manufacturers Association, Private Sector Foundation & Other stake holders. During the exhibitions, CMA staff carry out public education in the localities, including markets, secondary schools and also hold meetings with the business community; and NGOs.
