MTN Uganda to offer 20% stake in IPO

Africa’s largest wireless firm MTN will be seeking to sell 20 per cent stake in its Ugandan unit, following an announcement this week. In a planned Initial Public Offering, the carrier is seeking a valuation double what Uganda's capital market has raised since its inception. Analyst Joseph Byomuhangyi spoke with CNBC Africa’s Julius Bizimungu for more.
Thu, 07 Oct 2021 10:13:39 GMT

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