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Steps to INVEST on the Uganda Securities Exchange

Автор: Maro of Africa

Загружено: 2021-07-03

Просмотров: 2223

Описание:

List of licensed brokers on the USE: https://www.use.or.ug/content/trading...
Maro"s USE broker's email: [email protected]

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All the percentages which Maro mentions in this video are as of May 31, 2021.

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Check out my top playlists:
1. My experiences on opening stockbroking accounts in different African countries:    • How to Invest on the Botswana Stock Exchange  
2. I also compile some top lessons from Africa's game changers, innovators and entrepreneurs, the African lions and African Lionesses:    • Tell the African Story | Aliko Dangote's T...  
3. I also review (some) of the books which I read, check out my reviews here:    • Africa's business revolution by Acha Leke,...  
4. Ah, and sometimes I do some racing bar chats showing data on different metrics about Africa, click here if that intrigues you:    • Top 15 African countries to start a business  

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The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda's central bank.

The exchange opened to trading in January 1998. At that time, the exchange had just one listing, a bond issued by the East African Development Bank. Trading was limited to only a handful of trades per week.

As of July 2014, the USE traded 16 listed local and East African companies and had started the trading of fixed income instruments. The exchange is a member of the African Stock Exchanges Association.

The USE operates in close association with the Dar es Salaam Stock Exchange in Tanzania, the Rwanda Stock Exchange, and the Nairobi Stock Exchange in Kenya. According to published reports in 2013, there were plans to integrate the four exchanges to form a single East African bourse.

Uganda All Stock Index (ALSIUG) is the benchmark Index of the Uganda Securities Exchange.

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And if you love my content; don't forget to SUBSCRIBE and SHARE with your friends!

Want to follow my not so good social media handles?
Twitter:   / maroofafrica  
Facebook:   / maroofafrica  

Prefer email instead? Then shoot me something on [email protected]

I appreciate you!
Maro

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Maro does not offer investment advice and Maro is not a registered investment advisor. The information provided is from Maro's experiences which may differ from the experiences of other investors or other people. Past performance is not indicative of future results.

Steps to INVEST on the Uganda Securities Exchange

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