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Tag: Capital Markets Athourity

Explainer: What Are Financial Markets?

August 30, 2021August 30, 2021 admin

A Financial Market is a market where securities are traded (sold and bought). Securities include: stocks, bonds and also currency trading. According to this, financial markets are divided into stock markets, bond markets and currency markets.

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Insights, News#BankersUpdates, Capital Markets Athourity, Financial Markets, Treasury Bills and Bonds, Treasury BondsLeave a comment

Manufacturers Seek Cheap Financing in New Partnership

February 17, 2021February 17, 2021 admin
Capital Markets Athourity sign MoU with Uganda Manufacturers Association.

A new strategic partnership between Capital Markets Authority (CMA) and the Uganda Manufacturers Association (UMA) looks to explore means will explore market based financing alternative for manufacturers.

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Company News, NewsCapital Markets Athourity, Daniel Birungi, UMALeave a comment

Uganda’s Capital Markets Growing Steadily as Savings Rise

January 27, 2021January 27, 2021 admin

According to the Capital Markets Industry report for the financial 2019/20, Collective Investment Scheme (CIS) Managers had sh388.5 billion in Assets Under Management (AUM).

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News, View Point#UgandaMarkets, Capital Markets Athourity, CMA Uganda, Collective Investment Schemes, Keith KalyegiraLeave a comment

Capital Markets Cautions Public on Social Media ‘Gifting Clubs’

January 4, 2021January 4, 2021 admin

The prospective investors have been promised gifts worth sh2,000,000 which is 10 times their initial contribution of sh200,000 in a few hours or in less than a week. The money is mostly being wired through mobile money.

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Company News, NewsCapital Markets Athourity, Gifting Clubs, Samuel SanyaLeave a comment

EXCHANGE RATES

CURRENCY BUYING SELLING
USD3,7323,742
GBP4,6644,676
EUR3,9813,992
KES31.9332.01
TZS1.61.6
ZAR240240

PRIME LENDING RATES AS AT JANUARY 1, 2022

Stanbic Bank15.5%
Centenary Bank20%
Standard Chartered 18.3%
Absa Bank17%
Diamond Trust16%
Equity 20.5%
KCB Bank21%
Dfcu Bank20%
Baroda19%
Housing Finance 20.5%

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