Uganda pension funds control 19pc shares on the USE
Ugandan pension funds now control 19 per cent of the shares listed on the Uganda Securities Exchange, but experts warn that their concentration on a few securities poses a barrier to sustained growth.
New data from the Uganda Retirement Benefits Regulatory Authority (URBRA) shows that the industry’s equity portfolio grew from Ush525.9 billion ($153.5 million) in 2014 to Ush1.1 trillion ($313.5 million) in 2015, due to value gains on shares listed in Uganda and Kenya.
