FInancial Markets

Paul Bwiso, the newly appointed Chairman of the East African Securities Exchanges Association (EASEA), says, he will build on his predecessor’s foundation to advance regional integration and support initiatives like the newly launched East Africa Capital Markets Index.

Uganda Securities Exchange’s Paul Bwiso is new Chairman of East African Securities Exchanges Association (EASEA)

Paul Bwiso, the Chief Executive Officer of the Uganda Securities Exchange (USE), has been appointed the new Chairman of the East African Securities Exchanges Association (EASEA), following the association’s 34th consultative meeting
Patrick Ayota, the NSSF Uganda Managing Director (left) and Dr. Michael Atingi-Ego the Bank of Uganda Deputy Governor, at the just-ended 2024 Absa Economic Outlook Forum. They both believe in an urgent need for pension reforms to allow for redirection of investments into the real sector.

Banks and pension funds feast on gov’t securities gravy train as businesses get more starved of credit and choked by high interest rates.

The government of Uganda’s continued uncontrolled borrowing from commercial banks via government securities and at anti-market rates to the detriment of the private sector dominated the greater part of the just-ended Absa
February 19, 2024
Dr. Michael Atingi-Ego, The Deputy Governor Bank of Uganda (left) and Mumba Kalifungwa, Managing Director, Absa Bank Uganda at the launch. Dr. Atingi-ego thanked Absa and Official Monetary and Financial Institutions Forum (OMFIF) for creating the Absa Financial Markets Index

Uganda ranked No.1 in East Africa and 5th on the African Continent in the 2021 Absa Africa Financial Markets Index.

Ugandan financial markets have been ranked in the top spot in East Africa and the fifth on the African continent, according to the just-released 2021 Absa Africa Financial Markets Index. A collaboration

 

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