COMMENT | KEITH KALYEGIRA | Collective investment schemes (CIS) have in recent days been in the news for the right reasons. Savings to the tune of Ugx 1.8 trillion have been mobilized from Ugandan savers for investment purposes over the past five years, representing an annual growth rate of 79%. …
Read More »Collective investment scheme assets grow 13.7% to Shs1.3trillion
The growth is attributed to increased awareness about the benefits of investing through CIS vehicles among local investors | THE INDEPENDENT | The level of savings and investment in Uganda’s capital market has grown significantly, notwithstanding the reduction of disposable incomes as a result of the prevailing inflationary pressures, the …
Read More »Collective investment scheme assets cross Shs1tn
This is good news but finance minister Matia Kasaija wants more Ugandans to save | THE INDEPENDENT | There is good news from the Capital Markets Authority (CMA) of a big milestone amounting to slightly over Shs1.1trillion attained as Assets Under Management by licensed Collective Investment Scheme (CIS) managers, representing …
Read More »Uganda to waive taxes on foreign venture funds
Kampala, Uganda | THE INDEPENDENT | At least 930 billion Shillings is available for possible lending as cheap long-term capital for small and medium enterprises from the Collective Investment Schemes, CIS, according to the Capital Market Authority. This is the value of the assets under management, which have grown from just …
Read More »Collective Investment Scheme assets more than double to Shs 388.5bn
Investors likely to preserve their savings and capital with CIS and fixed income instruments due to the current coronavirus pandemic Kampala, Uganda | ISAAC KHISA | Uganda’s Collective Investment Schemes (CIS) have recorded more than double their assets under management (AUM) to Shs 388.5bn for the FY2019/20 as a …
Read More »Collective investment scheme assets hit Shs173bn
The industry still grapples with limited awareness, inadequate skilled labour Kampala, Uganda | ISAAC KHISA | Assets held in Collective Investment Schemes (CIS) that includes savings and credit cooperative societies, local individuals, investment clubs, institutional investors and local companies in Uganda, has increased sharply over the last six years …
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