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Masaka
The Capital Markets Authority of Uganda (CMA), in partnership with the Uganda Financial Literacy Association (UFLA), has officially launched the Masaka Financial Literacy Chapter, a milestone aimed at decentralizing financial education and capital markets awareness. The initiative seeks to empower communities at the grassroots with the knowledge and skills needed to make informed financial and investment decisions.
Training in Masaka
Speaking at the launch, Daniel Ayebare, Chairperson of UFLA, underscored the importance of financial literacy as a foundation for inclusive economic growth:
“Financial literacy is not a privilege for a few, but a necessity for all. By bringing this initiative closer to the people of Masaka and other districts, we are building stronger, more informed communities who can participate confidently in Uganda’s economic transformation. This chapter is a commitment that no one should be left behind in the journey towards financial empowerment.”
Daniel Ayebare, Chairperson of UFLA, underscored the importance of financial literacy as a foundation for inclusive economic growth
Representing CMA Uganda, Ms. Lyn Tukei, Communications & Public Relations Manager, reaffirmed the Authority’s mandate to protect investors and promote trust in capital markets: “Our role as the Capital Markets Authority is to ensure Ugandans access the right information, make prudent investment choices, and engage only with licensed and regulated entities. Launching this chapter is not just about increasing access—it is about trust and safety. Every Ugandan, whether in cities or rural areas, should feel confident to engage with capital markets as a pathway to financial security.”
The Masaka launch follows the successful establishment of regional financial literacy chapters in Western and Eastern Uganda, with more chapters, sensitization campaigns, and partnerships between CMA and UFLA planned in the months ahead. Both institutions reaffirmed their commitment to extending financial education and investor awareness to every corner of the country.
Torch Media Africa