The share index at the Uganda Securities Exchange dropped by about 4 percentage points as a result of the COVID-19 pandemic though the bourse’s CEO Paul Bwiso remains upbeat about the performance, He spoke CNBC Africa to for more.
The economic turmoil caused by the COVID-19 pandemic has had wide severe impact on financial markets not leaving behind stocks, bond and commodity markets. Uganda Securities Exchange CEO, Paul Bwiso joins CNBC Africa for more.
Uganda Stock Exchange has dropped 60 per cent in February and in other news, MTN has agreed to a $100 million USD in taxation and listing 20 per cent of its shares on the Uganda Stock Exchange. This is part of the discussion for it to be issued a 14 year long-term operation license. Analyst, Charles Bwogi joins CNBC Africa for more on Uganda’s market.