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Former Capital Markets Authority (CMA) Chief Executive Officer, Keith Kalyegira, has been appointed Chairperson of the Board of Directors at Absa Bank Uganda, effective 1 March 2025. Kalyegira brings more…
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Josephine Okui Okwakol Ossiya CPA, FCCA, MBA, has been appointed as the next Chief Executive Officer of Uganda’s Capital Markets Authority (CMA). She replaces Keith Kalyegira who has been the CMA Chief Executive since December 2013 and his two-term office has elapsed. Established in 1996 under the Capital Markets Authority Act (Cap 84), the CMA promotes, develops and regulates Uganda’s capital markets industry. One of Uganda’s most respected and trusted finance professionals and business leaders, Josephine Ossiya brings to CMA a 27-year finance career and a wealth of management, finance and accounting as well as project management skills. As a…
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Capital markets regulator also told to reverse their decision denying Tolea a license as the decision was based on a wrong set of rules. Court also orders them to re-review Tolea’s license application under proper laws.
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Joseph Kitamirike, the Chief Executive Officer of the troubled securities trading firm, ALTX East Africa Limited has contested his firm closure by Capital Markets Authority (CMA), saying that the regulator did not follow the law. The regulator, in a 19th November, 2019 media notice announced that “pursuant to Section 24 (7) of the Capital Markets Authority Act, the Board of Capital Markets Authority had cancelled the approval of ALTX East Africa Limited to operate a securities exchange In Uganda.” “The cancellation shall take effect upon the expiry of three months from the date of publication of this notice in the…
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