| SSE Initiative

Name	Uganda Securities Exchange
Country	Uganda
Number of listed companies	10
Domestic market capitalization	2,347 million US$
SSE Partner Exchange	Yes
Has annual sustainability report	No
ESG reporting required as a listing rule	No
Has written guidance on ESG reporting	No
Offers ESG related training	No
Market covered by sustainability-related index	No
Has sustainability bond listing segment	No
Has SME listing platform	Yes Uganda Growth Enterprise Market Segment (GEMS), since 2012
Women on boards mandatory minimum rule	No
Additional information	The Exchange has three segments which can be utilized by investors to raise capital: EQUITIES i. Growth Enterprise Market Segment (GEMS) which aims at small and medium sized enterprises. ii. Main Investment Market Segment (MIMS) is main market segment and attracts stringent eligibility, listing and disclosure requirements. FIXED INCOME iii. Fixed Income Securities Market Segment which provides a separate market for government bonds, corporate bonds, commercial paper, preference shares, debenture stocks and any other fixed income instruments.
Organizational model of stock exchange	Demutualised entity
Regulatory bodies	The Capital Markets Authority of Uganda (CMA)
Regulatory model	The CMA, established by an Act of Parliament, has overall supervisory powers over the capital markets industry. Its powers include licensing all market intermediaries and stock exchanges as well as approving all new issues and corporate actions. The USE is a first tier regulator, having direct oversight over the listed entities and member firms, on behalf of the CMA as a self regulatory organization. Pursuant to that, the USE enacts its own regulation that governs listing of securities and membership of brokerage firms as well as conduct of trading through its automated trading system.
About the stock exchange