Uganda Stock Exchange Goes Electronic

by David Mugabe, New Vision via

Uganda Securities Exchange (USE) has embarked on educating the public about the securities central depository that will end paper certificates.

“It means we are going to move away from paper to an environment where ownership can be evidenced in electronic form,” said Simon Rutega, USE chief executive officer. This will breed efficiency and the turn around time of doing business at the 11 year old stock market.