Stock Market And Performance Of Brokerage Firms In Uganda Case Study: Mbea Brokerage Services (U) Limited

ABSTRACT

In Uganda, as in very many developing countries around the world, financial markets are still very shallow, poorly developed and dominated by commercial banks. As a · result, there are few alternative sources of finances other than commercial bank loans. This has greatly contributed to the poor saving culture dominated by most Ugandans. Performance of Brokerage firms has equally been affected by the slow development of stock markets. The general objective of this study was to determine the development of stock market and its relationship to the performance of Brokerage firms in Uganda. This study was based in MBEA Brokerage Services (U) Limited. Its specific objectives included to determine, the profile of MBEA Brokerage Services Ltd, determine the degree to which stock market affect the level of performance of MBEA Broker