• Latest
Uganda’s Collective Investment Scheme Assets Surpass $1B Milestone

Uganda’s Collective Investment Scheme Assets Surpass $1B Milestone

5 months ago
Turkish Delegation to Explore Uganda’s Tourism Gems 

Turkish Delegation to Explore Uganda’s Tourism Gems 

11 hours ago
Paddy Ankunda, Karugaba Promoted to Brig General as Okello is Elevated to Lt General

Paddy Ankunda, Karugaba Promoted to Brig General as Okello is Elevated to Lt General

22 hours ago
Meron Kyomugisha Clinches Victory at 4th Lira Ladies Golf Open

Meron Kyomugisha Clinches Victory at 4th Lira Ladies Golf Open

23 hours ago
Kenya’s Chebet, Kipyegon Break 5000m and 1500m World Records in Eugene

Kenya’s Chebet, Kipyegon Break 5000m and 1500m World Records in Eugene

24 hours ago
Col Francis Aragamoi Appointed Deputy Commander of UPDF Contingent in Somalia

Col Francis Aragamoi Appointed Deputy Commander of UPDF Contingent in Somalia

24 hours ago
Johnnie Walker Celebrates Women in Leadership at She Walks One-Year Anniversary

Johnnie Walker Celebrates Women in Leadership at She Walks One-Year Anniversary

1 day ago
SoftPower News
Monday, July 7, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Business

Uganda’s Collective Investment Scheme Assets Surpass $1B Milestone

by Rogers Atukunda
February 6, 2025
Uganda’s Collective Investment Scheme Assets Surpass $1B Milestone

Josephine Okui Ossiya, CEO of the Capital Markets Authority

106
VIEWS

Uganda’s Collective Investment Schemes (CIS) have reached a historic milestone, surpassing $1 billion (UGX 3.85 trillion) in Assets Under Management (AUM) by the end of December 2024, according to the latest quarterly bulletin from the Capital Markets Authority (CMA).

This marks a significant 9.6% increase from UGX 3.51 trillion at the close of September 2024 and an impressive annual growth of 63.2% from UGX 2.36 trillion at the end of 2023.

Related Stories

Turkish Delegation to Explore Uganda’s Tourism Gems 

Paddy Ankunda, Karugaba Promoted to Brig General as Okello is Elevated to Lt General

Meron Kyomugisha Clinches Victory at 4th Lira Ladies Golf Open

The CMA attributes this remarkable expansion to a robust regulatory framework that has fostered investor confidence, a growing awareness of CIS benefits, and the increased participation of mid-term savings from National Social Security Fund (NSSF) members.

The number of CIS managers has also grown to seven, including Britam Asset Managers Uganda Limited, ICEA Lion Asset Management Limited, Sanlam Investments East Africa Limited, SBG Securities Limited, Old Mutual Investment, Cornerstone Asset Managers, and Xeno Technologies Uganda Limited.

Investor participation has surged, with funded CIS accounts rising from 101,637 in September 2024 to 113,445 by the end of December—an 11.6% quarterly increase and a 60.29% annual rise from 70,771 accounts in December 2023.

Josephine Okui Ossiya, CEO of the Capital Markets Authority, hailed the growth, stating: “We continue to see remarkable growth in CIS AUM as more Ugandans recognise the advantages of investing through pooled savings vehicles. The strong regulatory framework has boosted investor confidence by ensuring protection when investing in regulated financial products like CIS funds.”

Despite this milestone, Uganda still lags behind its regional counterparts, with Kenya leading at $2.44 billion in AUM and Tanzania closely following at $1.05 billion. However, Uganda’s AUM-to-GDP ratio of 2.3% now surpasses Kenya’s 2.2%, reflecting the growing role of capital markets in national savings mobilisation.

“The CMA urges Ugandans to invest only in regulated financial products and licensed entities to safeguard and grow their savings.”

Tags: Capital Markets AuthorityCollective Investment SchemesJosephine Ossiya OkuiSoft PowerSoftPower NewsTop Uganda NewsUganda

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Recent Stories

Turkish Delegation to Explore Uganda’s Tourism Gems 

Paddy Ankunda, Karugaba Promoted to Brig General as Okello is Elevated to Lt General

Meron Kyomugisha Clinches Victory at 4th Lira Ladies Golf Open

Kenya’s Chebet, Kipyegon Break 5000m and 1500m World Records in Eugene

Col Francis Aragamoi Appointed Deputy Commander of UPDF Contingent in Somalia

Johnnie Walker Celebrates Women in Leadership at She Walks One-Year Anniversary

Stanbic Bank Ad
SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
Stanbic Remittance Ad
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News