Capital Markets Authority 5-Year Strategic Plan to catalyze growth, attract private investment

Musasizi underscored the critical role of robust and well-regulated capital markets in attracting both domestic and international investment, which he described as essential for Uganda's development aspirations.

The Capital Markets Authority (CMA) of Uganda on Tuesday launched its ambitious 5-Year Strategic Plan (FY 2025/26–2029/30), aimed at significantly boosting economic growth by mobilizing long-term capital and fostering a more inclusive financial sector.

The plan, themed “Catalyzing Participation & Harnessing the Capital Markets,” was officially unveiled by the Minister of State for General Duties, Henry Musasizi in Kampala.

Musasizi underscored the critical role of robust and well-regulated capital markets in attracting both domestic and international investment, which he described as essential for Uganda’s development aspirations.

“This event marks an important milestone in Uganda’s journey to build a strong, resilient, and inclusive financial system that can support our ambitious development agenda,” Musasizi stated.

He highlighted that the new strategic blueprint provides a clear and forward-looking direction for the CMA, with a vision to become “an innovative, efficient, and trusted regulator of a regionally competitive Capital Market.”

The Minister stressed that Uganda’s “Tenfold Growth Strategy” – a national vision to achieve a USD 500 billion economy by 2040 – necessitates massive mobilization of long-term capital to finance key development initiatives.

He emphasized that public resources alone are insufficient, making it imperative to harness the full potential of private capital.

The CMA Chief Executive Officer, Josephine Okuyi Ossiya, described the plan as a “call to action” that places integrity and inclusivity at the core of Uganda’s financial sector development. She affirmed the CMA’s commitment to ensuring a fair and trustworthy market environment.

Echoing this sentiment, CMA Board Chairperson, Saul Seremba, added that the plan strengthens the authority’s commitment to fostering a fair, transparent, and efficient market capable of significantly contributing to Uganda’s Tenfold Growth Strategy and aligning with the National Development Plan IV (NDP IV).

The newly launched 5-Year Strategic Plan is anchored on four strategic pillars designed to drive Uganda’s economic transformation:

Mobilizing long-term capital to power private sector growth, industrialization, and infrastructure development, expanding stakeholder awareness & participation to enhance financial inclusion and investor confidence, harnessing technology to drive efficiency and accessibility within the capital markets and strengthening governance & institutional capacity to safeguard investors and maintain market integrity.

Through this strategic direction, the Capital Markets Authority reaffirms its dedication to building inclusive, innovative, and resilient capital markets that will be a key driver of Uganda’s sustained economic growth and prosperity.

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