@young - I made a trip to DSE to see if I could invest as a KENYAN/EAST AFRICAN but they make it very hard. You can only invest in a handful of shares & even these were over-priced! I invested ZERO in Tanzania.

Uganda was welcoming to me. I could (& did) invest in most Ugandan counters. Many Kenyans have shares in Stanbic Uganda.

I found Ugandans are smart & welcoming. Well, in Entebbe & Kampala anyway. At the border, it may be different since the Kenyan customs & immigration folks are corrupt.

Sorry I caused the digration,
I think we should focus on the subject matter USE and de-emphasize DSE. Thanks

so how do we get hold of some oil money? none of the ugandan listed companies are in oil per se. banking, hospitality, transport, real estate, and manufacturing sectors will benefit from the trickle down effect. will kenol/kobil join the scrambble for the blak stuff?i have a feeling that i do not need to set foot in uganda to benefit from the oil boom, but i may be wrong.

Volume traded in USE would have improved this year if de-mobilization of share certificates and opening accounts with CDSC were fully embraced as expected.

The enthusiasm is not just there, the pearl of Africa citizens do not bother about stock market.

@Guru267 You are absolutely right, you know Ugandans more than most of us in this forum.

In addition I seem to see a general apathy towards stock investment due to total ignorance.
When I was there with my wife / biz partner and children last december I interacted with not less that three middle class elites, but suprisingly they were innocently ignorant about stock investment. Of the three the first is a lecturer in Makere University, the second a banker with Crane Bank and the third an entrepreneur who owns a cyber cafe in kampala road. Their concensus about stock market were that :-
(i) Why waste your money to buy shares of a company, they use your money to get richer

(ii) Share trading is not profitable in anyway because at the end you will loose your money.

(iii) Share investment is for the super rich.
a small retail investor have no chance of suceeding, as one needs tons of money to start.

I hope these negative and unjustifiable perceptions will ease out in the nearest future

I am optimistic that there will be positive changes of an average ugandan perception of the stock market in future. Uganda will get there.

It was stock market that brought me to Kenya (2004)this forum (2007), and stocks / property in Uganda (2009).