BUSINESS
In a landmark move to deepen financial inclusion and empower communities with investment knowledge, the Capital Markets Authority of Uganda (CMA) and the Uganda Financial Literacy Association (UFLA) have officially launched the Masaka Financial Literacy Chapter.
The initiative, unveiled today in Masaka, aims to decentralize financial education and capital markets awareness, bringing vital information and resources directly to local communities. The chapter is part of a broader national strategy to ensure Ugandans across all regions can make informed financial decisions and engage confidently with regulated investment opportunities.
Daniel Ayebare, Chairperson of UFLA, addressed attendees with a powerful message on the importance of financial literacy:
“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.”
Representing CMA Uganda, Ms. Lyn Tukei, Communications & Public Relations Manager, emphasized the Authority’s commitment to investor protection and market integrity:
“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.”
The Masaka chapter follows successful launches in Western and Eastern Uganda, with more regional chapters and sensitization campaigns planned. CMA and UFLA reaffirmed their joint commitment to ensuring that financial literacy reaches every corner of the country, enabling Ugandans to invest wisely and safely.
Established in 1996, the Capital Markets Authority is a semi-autonomous body tasked with regulating and promoting Uganda’s capital markets. It licenses market professionals, approves public securities offerings, and ensures investor protection through transparency and oversight.
