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Vodacom IPO largest in history of Dar es Salaam Stock Exchange

Vodacom Group subsidiary, Vodacom Tanzania, announced the completion of its IPO, the largest in Dar es Salaam’s Stock Exchange’s 19-year history. Of the TSH 476 billion raised, more than 40,000 secured the largest portion, 60 per cent. Activity stalled when the IPO was first introduced to the market, but picked up after the Electronic and Postal Communications Act (EPOCA) was amended to allow international investors to participate. Joining CNBC Africa for more is Kamanga Kapinga, Investment Advisor and Partner at Vervet Global.
Mon, 14 Aug 2017 07:17:41 GMT