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Capital Market Development in Uganda

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Capital Market Development in Uganda
Bank of Uganda – German Technical Co-operation Financial System Development (FSD) Project

CAPITAL MARKET DEVELOPMENT IN UGANDA PRIVATE SECTOR OPINIONS ON LISTING

Andrea Bohnstedt Alfred Hannig Ralph P. Odendall

FSD Series No. 2

CAPITAL MARKET DEVELOPMENT IN UGANDA PRIVATE SECTOR OPINIONS ON LISTING

Andrea Bohnstedt Alfred Hannig Ralph P. Odendall

FSD Series No. 2

 Financial Systems Development (FSD) Project 2000 Responsible: A. Hannig Publisher: Bank of Uganda – German Technical Co-operation Financial System Development (FSD) Project 37/43 Kampala Road P.O. Box 27650 Kampala, Uganda Printer: Graphics Systems (U) Ltd. 8, Buvuma Road, Luzira, Port Bell P.O. Box 22631, Kampala

Private Sector Opinions on Listing

Contents Annexes........................................................................................ ii Abbreviations............................................................................... ii Preface......................................................................................... iii Executive Summary.................................................................... iv
1 Introduction ...................................................................................1 1.1 1.2 2 3 Background ...........................................................................1 Structure and Methodology...................................................3

Capital Markets in Sub-Saharan Africa.......................................5 Uganda: Country Background ...................................................11 3.1 3.2 3.3 3.4 3.5 Macro-Economic Environment............................................11 The Fiscal Environment ......................................................12 The Legal Environment.......................................................14 The Banking Sector ............................................................15 The Capital
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