Joshua Nahamya
19 September 2025
Masaka — The Capital Markets Authority of Uganda (CMA), in partnership with the Uganda Financial Literacy Association (UFLA), has today officially launched the Masaka Financial Literacy Chapter.
According to Daniel Ayebare, Chairperson of UFLA, the milestone marks a significant step in decentralizing capital markets and financial literacy efforts to ensure that communities at the grassroots are empowered with the knowledge to make informed financial and investment decisions.
Speaking at the launch at Buddu CBS Pewosa Building in Masaka City on Friday, Ayebare emphasised the importance of financial literacy as a foundation for inclusive growth. “Financial literacy is not a privilege for a few, but a necessity for all. By bringing this initiative closer to the people of Masaka and other subsequent districts, we are building stronger, more informed communities who can participate confidently in Uganda’s economic transformation. This chapter is a commitment that no one should be left behind in the journey towards financial empowerment,” She noted
Lyn Tukei, Communications & Public Relations Manager, CMA Uganda, reaffirmed the Authority’s mandate and dedication to investor protection.
“Our role as the Capital Markets Authority is to ensure Ugandans access the right information, make prudent investment choices, and deal only with licensed and regulated entities. Launching this chapter and many others is not just about access, but about trust and safety; so that every Ugandan, whether in cities or rural areas, can confidently engage with capital markets as a pathway to financial security,” she stated
According to Tukei, the launch follows the successful establishment of regional financial literacy chapters in Western and Eastern Uganda, with many more sensitization campaigns and partnerships between CMA and UFLA planned in the months ahead. Together, both institutions remain committed to ensuring that financial education and investor awareness reach every corner of the country.
Members who attended the training appreciated the Capital Markets Authority, claiming that it was timely, enabling them to improve the quality of running their businesses and gain more knowledge to avoid the illegal Ponzi schemes that are digitally targeted to steal their savings.
The Capital Markets Authority (CMA) of Uganda was established in 1996 by the Capital Markets Authority Act of 1996. It is a semi-autonomous body responsible for the overall promotion, development, and regulation of Uganda’s capital markets.
Its key objectives include: market regulation and investor protection, protecting investors, and promoting market efficiency, fairness, and transparency.
The CMA approves the offers of all securities to the public and licenses market professionals like broker-dealers, investment advisers, and fund managers. It licenses stock exchanges but has so far issued licences to the Uganda Securities Exchange and ALTX East Africa Securities Exchange.
