The Capital Markets Authority (CMA) has launched its Five-Year Strategic Plan (FY2025/26–2029/30), a roadmap designed to deepen Uganda’s capital markets and accelerate the country’s transition toward a USD 500 billion economy by 2040.
Launching the plan at a ceremony in Kampala, the Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi, described robust and well-regulated capital markets as critical to attracting both domestic and international investment.
“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,” Hon. Musasizi said.
He noted that Uganda’s 10-Fold Growth Strategy will require massive mobilisation of long-term capital to finance the country’s infrastructure, industrialisation, and innovation priorities.
“Public resources alone are not enough. This plan provides a clear and forward-looking blueprint to harness the full potential of private capital. New instruments such as Islamic finance products, infrastructure bonds, and green and sustainable bonds will be vital to fund flagship projects in agro-industrialisation, tourism, mineral development, and science and technology,” Musasizi added.
The CMA Strategic Plan 2025/26–2029/30, themed “Catalysing Participation & Harnessing the Capital Markets,” is anchored on four pillars: mobilising long-term capital for private sector growth, industrialisation, and infrastructure, expanding stakeholder awareness and participation to strengthen inclusion and investor confidence, harnessing technology to improve efficiency and accessibility and strengthening governance and institutional capacity to safeguard investors.
CMA CEO, Mrs. Josephine Okui Ossiya, emphasised that the plan places integrity and inclusivity at the heart of Uganda’s financial future.
“This Strategic Plan is more than a roadmap; it is a call to action. It reflects our ambition to transform Uganda’s capital markets into a more accessible, inclusive, and resilient platform for mobilising long-term finance. Together, we will catalyse participation, harness capital, and unlock Uganda’s full economic potential,” Mrs. Ossiya said.
She added: “This will call for a collaborative approach across all government entities to utilize the capital markets as a source to raise long-term financing.”
CMA Board Chairperson, Mr. Saul Seremba, reaffirmed the Authority’s long-term vision: “The global economic landscape continues to evolve, demanding agility, innovation, and sustainable finance. This plan strengthens our commitment to fostering a fair, transparent, and efficient market capable of contributing to Uganda’s Tenfold Growth Strategy and the socio-economic well-being of our people.”
The launch marks a decisive step in Uganda’s effort to position its capital markets as a key driver of economic transformation, in line with the country’s National Development Plan IV and Vision 2040.
