Mergers and acquisitions in Uganda are governed by a combination of company law, competition law, securities regulation and sector specific legislation. The core legal framework includes the Companies Act Cap. 106, the Competition Act Cap. 66, the Takeover and Mergers Regulations S. I. No. 55 of 2012 and the 2025 Listing Rules of the Uganda Securities Exchange.
The Companies Act establishes the legal framework for corporate transactions, including share transfers, amalgamations and directors’ governance obligations. Competition matters are addressed under the Competition Act and the Competition Regulations 2025, which introduced a suspensory merger control regime, merger notification thresholds and a formal review process administered by the Ministry of Trade, Industry and Cooperatives Uganda.