Listing FAQs

A Stock Exchange is a market where large and small investors can buy and sell securities (shares, bonds etc). It is an organized market where buyers and sellers of securities meet as dealers/brokers represent them and acquire or sell securities. It is a market in which securities are traded by members of the Exchange who may act as both Agents (Brokers) and as Principals (Dealers).

The USE is one such market, which has recently been set up in Uganda. It was established in 1998 as a result of a Government policy of transforming the economy of the country from a public sector to the private sector basis.

The Exchange was incorporated in June 1997 as a company limited by guarantee without a share capital. It became operational in January 1998. The USE is therefore a non-profit making body created to facilitate the Government implementation of the reforms and in the future to encourage wider share ownership of the privatized and all the companies in Uganda.

This is where new issues of securities are offered to the public.

This is where already existing securities are bought and sold on the exchange through licensed stockbrokers.

With the growing competition and the quest for company growth and expansion, companies cannot succeed single-handedly. There is need to access alternative sources of investment capital from a wide base of investment sources. USE represents a vital link between companies with capital needs and the public with savings to invest. Investors will become part owners of the companies they invest in. In return, companies will raise capital from selling shares enabling them to expand their services, replace equipment and develop new products. This will create more employment, incomes and the overall economy will be in position to grow.