Uganda Securities Exchange

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Uganda Securities Exchange
Image:UGANDA SECURITIES EXCHANGE LOGO.gif
Type of Company
Founded June 1977
Headquarters Uganda Kampala
Key people Simon Rutega, CEO
Judy Obitre Gama, Manager, Legal & Surveillance Department
Harriet Kiwanuka, Manager, Trading Research & Market Development Department
Industry Finance
Products Stock trading services
Website http://www.use.or.ug/home.asp


The Uganda Securities Exchange is Uganda's principal stock exchange. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to Uganda's central bank, the Bank of Uganda.

The exchange's doors opened to trading in January 1998. At the 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.

The USE currently trades eight listed local and East African companies and has started the trading of Fixed Income instruments. The stock exchange is open 5 days a week.

The USE operates in close association with the Dar-es-Salaam Stock Exchange in Tanzania and the Nairobi Stock Exchange in Kenya.

[edit] Listed Companies

Uganda Clays
British American Tobacco Uganda/British American Tobacco/BATU
Bank of Baroda Uganda/Bank of Baroda
DFCU Group
New Vision Printing and Publishing Company
Jubilee Holdings Limited/JHL (Crosslisted at the Nairobi Stock Exchange)
Kenya Airways/KA (Crosslisted at the Nairobi Stock Exchange and Dar-es-Salaam Stock Exchange)
East African Breweries/EABL (Crosslisted at the Nairobi Stock Exchange and Dar-es-Salaam Stock Exchange)

[edit] External links

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