SBG Securities Uganda Limited, the investment and brokerage arm of Stanbic Uganda Holdings Limited (SUHL), has been awarded the Best Performing Collective Investment Scheme (CIS) Manager for 2024 by the Capital Markets Authority (CMA) Uganda.<\/p>\n\n\n\n
The award was presented during a ceremony held at the Sheraton Hotel in Kampala under the theme, “Innovate, Trust, Grow: Driving Financial Inclusion through Unit Trusts.”<\/em> The event brought together key players in Uganda\u2019s capital markets, including trustees, fund managers, and regulatory officials.<\/p>\n\n\n\n SBG Securities Chief Executive Grace Semakula expressed pride in the recognition, saying the company remains committed to delivering strong returns and financial value for its clients. \u201cAt SBG, we are driven by passion in ensuring that our clients get the best value for their investments. This is in line with our commitment as Stanbic Uganda to driving Uganda\u2019s growth,\u201d Semakula said.<\/p>\n\n\n\n The event featured a keynote address from Moses Ogwapus, Commissioner for Financial Services at the Ministry of Finance, who warned the public about the dangers of unregulated financial schemes. He urged Ugandans\u2014especially the youth\u2014to avoid Ponzi schemes and betting, advocating instead for regulated investment vehicles like CISs.<\/p>\n\n\n\n \u201cWe have seen a dangerous rise in Ponzi schemes and betting habits that rob our youth of their savings,\u201d Ogwapus said. \u201cCollective Investment Schemes offer a trusted alternative for capital growth, helping individuals and the nation build a more stable financial future.\u201d<\/p>\n\n\n\n SBG Securities has recently expanded its offerings with the launch of the Stanbic Unit Trust (SUT)<\/strong> fund in June 2024, designed to help Ugandans pool resources under professional fund management. The fund charges a relatively low annual management fee of 2% and is backed by Standard Bank Group\u2014Africa\u2019s largest commercial bank by assets.<\/p>\n\n\n\n According to CMA CEO Josephine Ossiya, Uganda\u2019s CIS sector is witnessing robust growth. As of March 2025, the sector had a market size of UGX 4.2 trillion, up from UGX 2.8 trillion the previous year. Fund accounts increased by 12.8%, rising from 114,400 in December 2024 to 129,000 by March 2025. The number of licensed fund managers grew from 9 to 12, and Unit Trust Schemes increased from 17 to 22.<\/p>\n\n\n\n \u201cWith just UGX 100,000, you can begin your investment journey,\u201d Ossiya noted, emphasizing the sector\u2019s focus on inclusive financial access for all Ugandans, regardless of income or location.<\/p>\n","protected":false},"excerpt":{"rendered":" SBG Securities Uganda Limited, the investment and brokerage arm of Stanbic Uganda Holdings Limited (SUHL), has been awarded the Best Performing Collective Investment Scheme (CIS) Manager for 2024 by the Capital Markets Authority (CMA) Uganda. The award was presented during a ceremony held at the Sheraton Hotel in Kampala under the theme, “Innovate, Trust, Grow: […]<\/p>\n","protected":false},"author":2270,"featured_media":40177,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_paywall_metabox":[],"jnews_override_counter":[],"footnotes":""},"categories":[101],"tags":[31,109,119],"class_list":["post-40175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-featured","tag-news","tag-uganda-news"],"yoast_head":"\n