While competition was expected to foster the spirit of free enterprise and confer price and efficiency advantages upon the consumer, this does not seem to have been the case. Is it deliberate? And if so, who is responsible for this state of affairs?
The USE has played it role in providing an efficient, well regulated exchange that has made the investment process as simple, affordable and transparent as possible. However, the underlying investment decision is dependent upon perceptions of the future performance of Uganda as a whole. In conclusion, I wish to highlight some critical factors that will govern the progress of the USE going forward.