Kakande's Investments Podcast · Kakande's Investments Podcast

Investing in Uganda's Stock Market.

·1 hr 58 min·5 clips

"Equities is not for speculators," says the CEO of Uganda's Capital Markets Authority, emphasizing that investors must give companies time to reveal their inherent value.

Zulintu Kaye opens the X-Space by introducing herself from the Capital Markets Authority, naming Alex Akande as moderator, and pointing the room toward Uganda's stock market. Josephine Okwui-Osia takes over with the practical question: how do people raise capital from the market? The answer is patient and fairly sober. Nobody treats the market like a shortcut to quick money. The discussion keeps circling back to preparation, governance, maturity, and risk, especially for SMEs. Josephine lays out the routes businesses can use: grants, loans, selling equity, private equity funds, or venture capital. The useful distinction is risk. Smaller businesses may struggle to attract investors when their structures are thin or the business is still young. Private equity fits SMEs with a bit more shape. Venture capital sounds better suited to earlier risk, particularly when innovation still needs room to grow. Alex then brings in Paul from the Uganda Securities Exchange to talk about programs for SMEs and smaller enterprises looking for capital. The language stays approachable, with the technical parts tied back to funding and readiness. It feels like a panel, not a pitch. By the end, the Capital Markets Authority and Alex return to awareness and say the X-Spaces will keep explaining capital markets products, investments, and opportunities. The strongest bit is the framing: the stock market is not only a place to buy shares. It is part of a wider system for raising capital.

As heard by us

A plain-language guide to Uganda's capital markets, with SMEs kept in focus.

The episode gives a clear, practical tour of Uganda's stock market and the wider capital markets system, moving from the Capital Markets Authority's role to the Uganda Securities Exchange and the ways businesses can raise money.

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Why you'd press play

Hear how Uganda's stock market, capital markets, private equity, and SME funding options connect.

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