Analysis of factors affecting the development of capital markets in Uganda: a case of the Capital Markets Authority

Abstract

The research titled "Analysis of Factors Affecting the Development of Capital Markets in Uganda: A Case of the Capital Markets Authority" offers an extensive analysis of the elements influencing the progression and efficacy of the capital markets in Uganda. It focuses particularly on the role played by the Capital Markets Authority. The study meticulously examines various determinants, including the level of financial literacy among investors, the robustness and adaptability of regulatory frameworks, and the effectiveness of tax policies in shaping investor behavior and market dynamics. The research also explores how these factors contribute to market liquidity and efficiency. By providing detailed insights and actionable recommendations, this study aims to significantly contribute to the strategic development and operational improvement of Uganda's capital markets, highlighting its importance in the broader context of emerging market economies.