Charles Mbire Chairman Paul Bwiso Chief Executive Officer[1]
Products
Securities
Website
www.use.or.ug
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.[2]
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.[3]
As of July 2014, the USE traded 16 listed local and East African companies and had started the trading of fixed income instruments.[4] The exchange is a member of the African Stock Exchanges Association.[5]
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.[6][7]
Uganda All Stock Index (ALSIUG) is the benchmark Index of the Uganda Securities Exchange.[8]
^Mark Keith Muhumuza (20 February 2015). "USE gets new chief executive". Daily Monitor. Kampala, Uganda. Retrieved 25 July 2015.
^Geoffrey Onegi-Obel (19 August 2016). "Bank of Uganda governors and the capital markets industry". The Observer (Uganda). Kampala. Retrieved 23 October 2016.
^Anyanzwa, James (20 August 2016). "New law passed, gives Ugandan bourse nod to go public". The EastAfrican. Nairobi. Retrieved 23 October 2016.
^Mark Keith Muhumuza (5 February 2015). "Automated stock market to start trading in May". Daily Monitor. Kampala. Retrieved 19 August 2016.
^Wafula, Walter (31 December 2010). "USE to increase trading days next year". Daily Monitor. Retrieved 25 July 2015.
^IBTimes Staff Reporter (9 July 2013). "East African Stock Exchange In The Works To Merge Buoyant, Profitable Markets". IBTimes. New York City. Retrieved 25 July 2015.
^Winile Masinga, and Polycarp Machira (9 July 2013). "East Africa Hopes to Have Regional Stock Exchange in a Year - Experts". London: TrustMedia via AllAfrica.com. Retrieved 25 July 2015.
^Uganda Securities Exchange Holidays
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