The Capital Markets Authority of Uganda (CMA), in partnership with the Uganda Financial Literacy Association (UFLA), on Friday launched the Masaka Financial Literacy Chapter, marking a new step in decentralizing financial education across the country.
The initiative aims to empower communities at the grassroots with the knowledge and tools needed to make informed financial and investment decisions.
Speaking at the event, UFLA Chairperson Daniel Ayebare underscored the importance of financial literacy as a driver of 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,” Ayebare said.
Representing CMA Uganda, Lyn Tukei, Communications & Public Relations Manager, reaffirmed the Authority’s role in investor protection and market development.
“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 said.
The Masaka launch follows the establishment of similar regional financial literacy chapters in Western and Eastern Uganda. CMA and UFLA plan to roll out more sensitization campaigns and partnerships in the coming months, ensuring financial education and investor awareness reach every corner of the country.
About the Capital Markets Authority
The Capital Markets Authority of Uganda, established in 1996 under the Capital Markets Authority Act, is a semi-autonomous body mandated to promote, develop, and regulate Uganda’s capital markets. Its core objectives include investor protection and promoting market efficiency, fairness, and transparency.
CMA approves public securities offers and licenses market professionals such as broker-dealers, investment advisers, and fund managers. It also licenses stock exchanges, including the Uganda Securities Exchange and ALTX East Africa Securities Exchange.
