A conversation with the Ugandans in Tanzania, Malawi and Zambia thanks to The Uganda High Commission in Dar es Salaam

The next Webinar is in November.

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kakandealex.substack.com

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kakandealex.substack.com

Friends,

It was an honor to moderate this conversation where we hosted the CEO of Capital Markets Authority Josephine Okui Ossiya and CEO of Uganda Securities Exchange Paul Bwiso.

Topics Covered.

* Growth over the years and the technological advancement of investing in Stocks.

* Price & Liquidity Risk when it comes to investing in Stocks and Equities

* Opportunities that comes with buying shares of cross listed entities from Nairobi Stock Exchange

* The avenues and opportunities with in the Capital Markets for SMEs and MMEs to raise Capital Funding.

* Commodities Exchange platform that USE is working on.

* Growth Prospects in the Uganda Securities Market.

Happy Investing Everyone'

Alex Kakande

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kakandealex.substack.com

Friends,

Here is the Podcast version of the Space I hosted in partnership with Capital Markets Authority on July 16, 2024.

The Privilege to host 3 executives from 3 fund Managers and an executive from Capital Markets Authority.

* XENO Investments’ John Kamara - CFA

* Sanlam Investments East Africa’s Mubbale Mugalya - CFA.

* ICEA Asset Managers’ Patrick Ssempijja

* CMA Uganda’s Lyn Tukei

Happy Investing Everyone

Alex Kakande

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kakandealex.substack.com

“we are now looking at interest rates that are as high as 18% on salary loans, business loans as high as 18%. You look at asset financing, We are looking at almost 20% for asset financing. When it comes to trade financing, and trade financing for business people who are importing things from different countries and bringing them to Uganda, importers. they are spending as high as 20% annualized on such a loans before they talk about taxes,”

Friends,

I would want to send my sincere thanks to all the panelists, the team from Blacklight Investment Advisors JEAN AKOL, CFA Timothy Ahumuza Allan Nyamutale, then Natif Anthony and Damalie Mubiru for a wonderful session conversation on a critical but very important topic of the cost of Borrowing for businesses, for personal lending and the cost of Mortgage.

This is a conversation we will keep having in the most consistent way and the hope is, those with the powers to influence and see a meaningful change in the financial space can do something about it.

Happy Investing Everyone.

Alex Kakande

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kakandealex.substack.com

Good morning Everyone,

In this podcast episode, we focus on finance and investment, particularly private capital and associated investments and opportunities in Uganda and Africa at Large.

In Partnership with CFA Society of East Africa.

Happy Investing Everyone

Alex Kakande

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kakandealex.substack.com

Help me share this podcast/platform with your friends to help us grow our platform as we continue to get the best guests.

Friends,

I would like to express my heartfelt gratitude to the team at the Old Mutual Investment Group for their exceptional contribution to this discussion and for guiding the conversation as we strive to broaden the understanding of investments, with a particular focus on Unit Trusts.

To each and everyone of you who tuned in, shared the link in different groups that allowed us to have over 3,000 live audiences, you are my heroes as we push this conversation forward.

For those who were unable to join us live, we have uploaded the two-hour audio recording of the space. I highly recommend listening to it in its entirety. Over the upcoming weeks, I plan to dissect the discussion into more digestible segments and provide written commentary.

This initiative is part of our ongoing effort to teach and continue to highlight the subject of investment and conduct more such informational sessions to raise awareness about these Capital Markets products like Unit Trusts.

Our aim is to build trust and awareness in this niche investment products and Our Capital Markets.

Happy Investing Everyone.

Alex Kakande

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kakandealex.substack.com

In this compelling conversation, Jean Akol hosts a segment of the BLA conversation focused on the capital markets in Uganda to discuss the impact of the recent Moody’s downgrade of Uganda’s Credit ratings from B2 Negative to B3 stable.

He is joined by a panel of knowledgeable guests, including Allan Nyamutale, Timothy Ahumuza, Alex Kakande, with a special appearance by David Ochen.

The discussion centers on a recent event where Moody's Ratings agency downgraded Uganda's government issuer ratings from B2 to B3 and altered the outlook to stable from negative. The panel aims to clarify the technical aspects of this downgrade and explore its implications for local investors and the country's economy.

Happy Investing Everyone.

Alex Kakande

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kakandealex.substack.com

Friends,

I would like to express my heartfelt gratitude to the team at the Bank of Uganda for their exceptional contribution to this discussion and for guiding the conversation as we strive to broaden the understanding of investments, with a particular focus on treasury bonds and treasury bills in Uganda.

To each and everyone of you who tuned in, shared the link in different groups that allowed us to have over 8,000 live audiences, you are my heroes as we push this conversation forward.

For those who were unable to join us live, we have uploaded the two-hour audio recording of the space. I highly recommend listening to it in its entirety. Over the upcoming weeks, I plan to dissect the discussion into more digestible segments and provide written commentary.

This initiative is part of our ongoing effort to teach and continue to highlight the subject of investment and conduct more such informational sessions to raise awareness about these Treasury Bonds

Our aim is to build trust and awareness in this niche investment products and Our Capital Markets.

While we may not have had all the time to respond to every individual question on Twitter/X, rest assured that we will revisit them.

The Bank of Uganda team has committed to publishing a Q&A paper to address many of your queries. On my end, I pledge to continue writing about these especially based on questions raised.

In this particular session, we talked about a variety of subjects, including the what are the difference between treasury bonds and bills, the process of opening a Central Securities Depository (CSD) account, the role of primary banks, the implications of withholding tax on bonds and bills, and the risks and returns associated with these investments.

Packed with valuable information, this is a resource I would strongly suggest to anyone interested in learning about investing in treasury bonds and bills.

Happy Investing Everyone.

Alex Kakande

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kakandealex.substack.com

Alex Kakande, Jean Akol & Allan Nyamutale

In the podcast, Kakande Alex and Jean Akol discuss the concept of the Ugandan dream in a financial and management context.

Alex posits that the Ugandan dream should be contextualized to include owning a decent house, being able to afford one's kids' school fees, and having a comfortable leisure lifestyle that matches one's earnings.

Jean Akol notes that an individual's dreams, lifestyle, and inequality should drive their asset allocation, emphasizing the diversity, particularly within the middle-income bracket. The cost of education, transportation, housing, and entertainment can vary significantly, making it important for each individual to define their goals and budget accordingly.

They calculate and agree that for a middle-income Ugandan family to comfortably afford a decent lifestyle, they should be earning around 5.5 million Ugandan Shillings net income per month. This figure allows for expenses such as rent, school fees, transportation, and even entertainment while leaving room for savings.

However, Jean points out that everyone has unique goals and dreams which should guide their expenditures. Irrespective of the income, it is significant to align one's spending habits with their aspirations and financial constraints.

The podcast concludes on the note that individuals' objectives and goals should drive their financial decisions. Alex and Jean suggest that money is merely an enabler, and people should focus more on achieving their goals rather than accumulating wealth endlessly. They contend that defining one's aspirations and working towards them will ultimately bring about satisfaction, even if it doesn't necessarily translate into boundless wealth.

Alex Kakande

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kakandealex.substack.com