Capital Markets Authority Unveils Five-Year Blueprint to Power Uganda’s Journey to a USD 500 Billion Economy

Capital Markets Authority Unveils Five-Year Blueprint to Power Uganda’s Journey to a USD 500 Billion Economy

Tuesday, 2nd September, 2025: The
Capital Markets Authority (CMA) has today launched its Strategic Plan for the period FY 2025/26 – 2029/30 , a five-year blueprint designed to deepen Uganda’s capital markets and accelerate the country’s development aspirations under 10- fold growth strategy and the Fourth National Development Plan (NDP IV).

Launched under the theme
“Catalyzing Participation and Harnessing the Capital Markets,” the Strategic Plan positions Uganda’s capital markets as a pivotal enabler of Government’s bold growth agenda to expand the size of the economy from USD 63 billion to USD 500 billion by 2040.

The Plan is anchored on four strategic objectives:

Facilitating mobilization of long-term capital to finance private sector growth, industrialization, and public infrastructure.

Increasing stakeholder awareness and participation to broaden inclusion, mobilize savings for the economy and strengthen investor confidence.

Leveraging technology and digital transformation to improve market efficiency and service delivery.

Strengthening governance, policy, and institutional capacity to enhance investor protection.

Mrs. Josephine Okui Ossiya, the Chief Executive Officer of CMA , emphasized that the plan represents a call to action, one that puts integrity and inclusivity at the heart of Uganda’s financial future:

“This Strategic Plan marks a pivotal phase for the Capital Markets Authority as we chart our course for the next five years. It reflects our ambition to transform Uganda’s capital markets into a more accessible, inclusive, and resilient platform for mobilizing long-term finance. It signals our commitment to activating widespread involvement, fostering confidence, and expanding opportunities for all Ugandans. This plan is more than a roadmap; it is a commitment to execution, innovation, and impact of the tenfold strategy. Together, we will catalyze participation, harness capital, and unlock Uganda’s full economic potential. This will call for a collaborative approach across all government entities to utilize the capital markets as source to raise long term financing.”

Speaking at the launch, the
Minister of State for Finance, Planning and Economic Development, Hon. Henry Musasizi , commended CMA’s forward-looking approach and called for collective action. He noted that Uganda’s economic transformation will rely heavily on innovative financing solutions, explaining that the plan prioritizes new instruments such as Islamic capital markets products, infrastructure bonds, green and sustainable bonds, and sustainability-linked instruments. These, he said, will fund flagship projects in agro-industrialization, tourism, mineral development, and science, technology and innovation.

“The launch of the Capital Markets Authority’s five-year strategic plan is a timely milestone in positioning Uganda’s capital markets to support the Government’s 10-Fold Growth Strategy. With the ambitious goal of expanding our economy tenfold from US$63 billion to US$500 billion by 2040, we must work hand in hand to actively steer our capital markets in mobilizing long-term financing for our development agenda. CMA’s strategic plan is a crucial blueprint to achieve this vision. Together, we will unlock the transformative power of capital markets to build a prosperous and inclusive economy,” he emphasized.

Representing the CMA Board, Chairperson Mr. Saul Seremba underlined the Authority’s long-term vision and commitment:

“The global economic landscape continues to evolve, demanding agility, innovation, and sustainable finance. This plan positions us to not only respond to these challenges but to harness the opportunities before us. This Strategic Plan strengthens our commitment to fostering a fair, transparent, and efficient market, capable of contributing to Uganda’s 10-fold growth strategy and the socio-economic well-being of our people”

About the Capital Markets Authority (CMA)

The Capital Markets Authority (CMA) of Uganda is a statutory body established in 1996 under the Capital Markets Authority Act (Cap 64) to promote, develop, and regulate the capital markets industry in Uganda.

CMA’s mandate is guided by the following objectives:

Promoting confidence in the capital markets

Ensuring honesty and transparency in capital markets transactions

Carrying out investor education

Protecting investors

Reducing systemic risk in the financial system

VISION:

“An innovative, efficient and trusted regulator of a regionally competitive capital market”

GOAL:

“To establish and regulate a vibrant, orderly, fair, and efficient capital markets industry in Uganda”

For Media Inquiries, Please Contact:
Communications & Public Relations Manager, Capital Markets Authority; Lyn Tukei

Email: lyn.tukei@cmauganda.co.ug | Tel: +256 312 264950/1

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