Kampala, Uganda | THE INDEPENDENT | Uganda Securities Exchange’s (USE) Securities Depository USE SCD in partnership with the MTN Mobile Money has unveiled a digital Securities Central Depository (SCD) account opening platform to further democratize Uganda’s stock market. USE CEO Paul Bwiso said the new digital SCD account opening platform will …
Read More »Uganda security exchange suspends Uchumi supermarket
Kampala, Uganda | THE INDEPENDENT | The bid for regional supermarket chain, Uchumi, has been dented by the decision to suspend its activities on the Uganda Securities Exchange, USE, for violating the rules of the game. The retailer recently launched a revival bid to reclaim the market it once led in …
Read More »Governance problems obstructing long-term financing for Ugandan companies
Kampala, Uganda | THE INDEPENDENT | Companies are not accessing long term financing due to failure to disclose details of their operations to the investors as a basis for giving them money. Uganda Securities Exchange (USE), Executive Director Paul Bwiso, said there is money out there but investors want to …
Read More »Stanbic suspends trading on Uganda securities exchange
Kampala, Uganda | Julius Businge | Stanbic Bank Holdings Limited has suspended trading on the Kampala based Uganda Securities Exchange until further notice. In a notice signed by Paul Bwiso, the USE chief executive officer, circulated on April 01, said that the institution is undergoing reorganization through the formation of a …
Read More »Paul Bwiso: ‘It’s the right time to invest on the stock market’
Paul Bwiso is the chief executive officer of Uganda Securities Exchange. He spoke to The Independent’s ISAAC KHISA. How has been the performance of stock market in the past eight months ending August compared with the same period in 2016? We are down by about 50% to Shs69bn as turnover …
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