Uganda Securities Exchange’s (USE) Securities Depository USE SCD has today launched a digital Securities Central Depository (SCD) account opening platform in partnership with MTN Mobile Money in a bid to further democratize Uganda’s stock market. The innovation is the first of its kind in Uganda and is envisaged to simplify the process of opening an SCD account, which is a requirement for individual investors to participate in the securities market. While launching the digitalised SCD account opening service in a joint press conference between USE and MTN Mobile Money at the Kampala Serena Hotel today, Paul Bwiso, the Chief…
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