Tuesday 5th November, 2013. Kampala…Capital Markets Authority (CMA) is pleased to announce that Mr. Keith Kalyegira has been appointed as the new Chief Executive Officer (CEO) of the Authority. Mr. Kalyegira replaces Mr.
Capital Markets Journal
Since 1997, the Capital Markets Authority (CMA) has published an industry journal called the ‘Capital Markets Journal.’ The publication, which is based on a variety of themes, covers a wide range of financial issues, regional updates and international matters in capital markets.
Over the years the Journal has developed as a leading publication on capital markets matters in East Africa and its circulation is now international. Below are the highlights of the most recent issues of the Journal.
Capital Markets and the Poverty Question
Eliminating extreme poverty is one of the Millennium Development Goals and many ways are being sought on how to achieve this. Discover the capital markets perspective on reducing poverty in Uganda, by promoting a savings and investments culture in the country. Also read about financial consumer education as a tool for poverty eradication; the South African perspective.
Capital Markets an Engine for Private Sector Development
It has often been said that the private sector is the backbone of a strong economy. This is especially true in light of capital markets. Read this edition of the Journal to discover how the private sector can boost the development of the capital markets and the necessary tax incentives that can be implemented to achieve this. Also read about the constraints and incentives to developing venture capital in 3rd world countries.
The Housing industry in Uganda is one of the fastest growing and every one wants to won a house of their own. In this regard a vibrant mortgage industry is very important to enabling the achievement of these aspirations. Read this edition of the Journal to discover what mortgage financing is and how it works in Uganda. Also look out for an interview with Mr. Anatoli Kamugisha, Managing Director of Akright Projects Ltd.
Financial Sector Linkages
What role does public sector governance play in the development of the finance sector? Find a number of pointers on the often contentious issue of public sector governance. This in addition to the different roles that can be played by the banking and insurance sectors in developing the capital markets industry in Uganda. Don’t miss the insightful foreword by Dr. Ezra Suruma, the Minister of Finance, Planning and Economic Development and an interview with Mr. Peter Allum, the former IMF Representative.The Journal also contains information and a two page colorful pictorial on the first ever Capital Markets University Challenge.
This edition of the Capital Markets Journal provides insight on the role, challenges and opportunities of financing infrastructure through capital markets in Africa. Don’t miss the South African perspective, articles by Mr. Edward Odundo, Chief Executive, Retirement Benefits Authority Kenya; Mr. A.J Odera, Managing Director, National Housing Corporation Kenya, and an interview with Mr. Musa Al Faki, the Director General of Securities and Exchange Commission Nigeria
East Africa has progressed to the Customs Union stage of economic integration. The union definitely has its benefits, what about the challenges. ‘Regional Integration’ gives you an analysis of the obstacles, challenges, opportunities and the way forward for East African capital markets, in view of the customs union and other stages of integration to come. Look out for the interview with Mr. Peter Kiguta, first Director General of Trade for the revived East African Community.
Privatization: A Leading Role in the Development of Capital Markets in Uganda
All of the five local companies listed on the USE were listed through the process of privatization. How are capital markets an avenue for privatization? Can private –public partnerships work towards promoting the growth of the capital markets industry, what does a company require in order to go public? Discover this and more, in this edition of the Journal. Don’t miss the special section on the signing of a Memorandum of Understanding between SEC Nigeria and CMA Uganda.
Youth and Savings
Most parents would like to provide their children with a foundation for financial security as early in life as possible. Moreover as we all know only too well, the cost of bringing up a child increases day by day. The earlier the parents start saving, the better placed for the future, they and their children will be. Read more on how you can start saving for yourself and for your children, and the opportunities available for saving, within and outside the capital markets industry.
All the above issues are available and can be obtained in the CMA resource center.
If you wish to be added to the mailing list for the Journal, please send us an email on info [at] cmauganda.co.ug, with your full address.
CMA has published various, simple compact brochures, highligting various aspects of capital markets, including investing in shares, collective investment schemes, issuing shares to the public and investor protection tips. Copies of the brochurs are available below;