Thesis & Dissertations(Doctoral & Master)

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Browsing Thesis & Dissertations(Doctoral & Master) by Author "Namaganda, Susan"

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    Financial Literacy, Efficiency of Market Intermediaries and Retail Investor Participation in Government Securities in Kampala.
    (2023) Namaganda, Susan
    The study aimed at establishing the relationship between financial literacy, efficiency of market intermediaries and retail investor participation in government securities in Kampala. The study employed a quantitative study research design using simple random sampling and a sample size of 242 out of 650 investors. Data were collected using self-administered questionnaires to collect data from the respondents. The study targeted 242 investors and firms and managed to acquire 174 representing a 71.9% response rate. The results revealed significant positive relationships between, financial literacy and retail investor participation, efficiency of market intermediaries and retail investor participation, financial literacy, efficiency of market intermediaries and retail investor participation in government securities. In addition, results revealed that financial literacy is a significant predictor of a retail investor participation in government securities in Kampala. The study recommends that the government should increase on the number of literacy programs through the Central Bank, Ministry of Finance by conducting massive campaigns across all major cities and the rural towns. To execute these educational programs, they will need help from Market Intermediaries who are knowledgeable hence the need to license more players through the Capital Markets Authority to be able to serve the big masses. With this plan the retail that is the ordinary Ugandan will be part of nation building as they will have their money invested with the government for a return and the government will be able to deliver the services they need. So, it’s a win- win scenario for both parties.