From Savings to Securities: A Case For Tax-free Investment Accounts
Finance, Lionel Rezida, Jonah Jjembe, Kudakwashe Mutasa, Ashley Ainomugisha, Jadyn Ligoo, Melissa Ninsiima JEPA Africa Finance, Lionel Rezida, Jonah Jjembe, Kudakwashe Mutasa, Ashley Ainomugisha, Jadyn Ligoo, Melissa Ninsiima JEPA Africa

From Savings to Securities: A Case For Tax-free Investment Accounts

In 2024, MTN Uganda’s mobile money platform recorded a daily transaction volume of UGX 435 billion – approximately $123.1 million. On the other hand, in August 2025, the Uganda Stock Exchange recorded a daily trading volume of just UGX 17.63 million – approximately $5,000. The gaps highlight a disconnect in East Africa at large.

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