Fund manager suggests capital markets can fill the gap

As external financing for budget and project support shrinks, the government may turn to domestic capital markets for alternative funding. Finance Minister Matia Kasaija, speaking at this year’s budget conference in Kampala, suggested reforms in the pension, insurance, and capital markets sectors to unlock the financing potential. Fund managers, including Old Mutual Uganda, which controls 70% of the market share, support this move. #NTVNews #NTVTonight #NTVWeekendEdition Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Connect with us on Messenger via m.me/NTVUganda