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Capital Markets Authority, UFLA launch Masaka financial literacy chapter

by Muhammad Ngobi
in Business
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The Capital Markets Authority of Uganda (CMA), in partnership with the Uganda Financial Literacy Association (UFLA), has officially launched the Masaka Financial Literacy Chapter, marking a significant stride in expanding financial education and investor awareness at the grassroots level.

The launch, held in Masaka City, is part of a broader national strategy aimed at decentralizing capital markets knowledge and empowering communities across Uganda to make informed financial and investment decisions.

Speaking at the event, Daniel Ayebare, Chairperson of UFLA, underscored the importance of financial literacy as a critical pillar for inclusive economic development.

“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,” Ayebare said.

Representing CMA Uganda, Lyn Tukei, Communications and Public Relations Manager, reiterated the authority’s mandate to protect investors and ensure access to credible, regulated financial services.

“Our role as the Capital Markets Authority is to ensure Ugandans access the right information, make prudent investment choices, and deal only with licensed and regulated entities. Launching this chapter and others is not just about access, but about trust and safety — so that every Ugandan, whether in cities or rural areas, can confidently engage with capital markets as a pathway to financial security,” she said.

The Masaka chapter becomes the latest in a series of regional financial literacy initiatives spearheaded by CMA and UFLA, following earlier successes in Western and Eastern Uganda. The initiative aims to bridge the knowledge gap and promote financial inclusion nationwide.

Both CMA and UFLA reaffirmed their commitment to expanding these efforts through continued outreach, partnerships, and public sensitization campaigns.

“Together, we remain dedicated to ensuring that every Ugandan has the knowledge and confidence to make sound financial decisions, and that investor education reaches all corners of the country,” the two institutions said in a joint statement.

Tags: Capital markets UgandaCMA financial sensitization campaignsCMA UgandaDaniel Ayebare UFLAFinancial empowerment UgandaFinancial inclusion UgandaGrassroots investment UgandaInvestor education UgandaLyn Tukei CMAMasaka financial literacyRegional financial literacy chaptersUFLA Masaka chapterUganda Financial Literacy
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