🇺🇬 Uganda Securities Exchange

Ugandans now have an opportunity to trade government securities on a daily basis after the launch of an exchange platform by ALTX Africa.

Uganda’s stock exchange is paying the price for a weak economy that the country experienced in the second half of 2015 that partly contributed to reduced turnover during the year.

High interest rates charged on government securities and price valuation in some of the company shares have led to a decline in equity performance at Uganda Securities Exchange in the third quarter of 2015 compared with the same period last year.

Trading at the Uganda Securities Exchange (USE) will no longer involve a large white board with traders submitting their bids and offers using marker pens.