Capital Markets Authority (CMA) used the opportunity of the 7th World Investor Week, taking place from October 2 to 8, to educate investors on smart investment practices and how to protect themselves from potential losses.
During this week, the CMA organized a series of events, including webinars and lectures, with the goal of improving investor education and ensuring their protection.
The World Investor Week is a global platform where securities regulators worldwide emphasize the importance of empowering and safeguarding investors.
Keith Kalyegira, the outgoing CEO of CMA, highlighted the regulator’s commitment to protecting and nurturing capital markets. He emphasized that informed and protected investors are essential for a healthy economy.
Kalyegira also underlined the crucial role capital markets play in economic growth by providing businesses with access to capital and offering investors opportunities to save and grow their wealth. However, he stressed that having informed and protected investors is essential for building confidence and enabling them to use their savings effectively.
He encouraged investors to conduct research, choose licensed and regulated firms for their investments, be cautious of unsolicited investment offers, diversify their portfolios to reduce risk, and regularly monitor their investments.
Throughout the week, CMA engaged with university students, offering guidance on investing in Collective Investment Schemes, hosting webinars on investor resilience and fraud prevention, and discussing various asset classes in capital markets with investment clubs.
Dickson Ssembuya, CMA’s Director of Research and Market Development, emphasized the significance of Collective Investment Schemes during the week. He highlighted their benefits, including reduced risk through pooling savings, the ability to invest in substantial ventures with limited savings, and favorable tax policies with exempted returns.
World Investor Week, an annual global campaign led by the International Organization of Securities Commissions (IOSCO), aims to stress the importance of investor education and protection. It occurs every October, bringing together financial institutions, regulatory bodies, and governments worldwide to empower and safeguard investors.