Browsing: Uganda Securities Exchange

The USE Edaala will also facilitate private companies with numerous shareholders benefits from the deficiencies provided by existing trading and depository platforms with shareholders being able to trade their shares should they wish to divest their stock and utilise portfolio management tools.

The application period for the first cohort is expected to close on December 8, after which the USE will conduct an assessment of the applicants for eligibility.

Through the new segment, companies will be able to access long term capital through private placements, access to a wider pool of domestic and international investors, flexible admission and regulatory compliance requirements, among others.

Capital is the main fuel of every business, no matter what size. However, sometimes a business can face monetary constraints and a shortage of funds. In such a scenario, business finance can help power up the enterprise.

The Uganda Securities Exchange (USE) in partnership with MTN Mobile Money Uganda has launched a digital service to facilitate convenient…

The 10 richest investors in companies that are listed on the USE own stakes amounting to $18.5 million. A huge portion of the market is controlled by institutional investors and parents companies of the listed entities while the 10 richest investors control about 0.30 percent of the market’s $6.1 billion valuations.

The USE was named as the best performing stock exchange in Sub-Saharan Africa in 2010.

Currently, there are nine domestic companies listed on the Uganda Securities Exchange.

Rwanda, Uganda and Tanzania have joined forces to connect stock markets electronically. The project which is funded by world bank…