Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda, is selling more than 1.5 billion ordinary shares, originally unsold during the initial public offering (IPO), to the public at the current market price of UGX 170 per share. Each investor must purchase a minimum of 1,400 shares. This secondary offer, …
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The anticipated dual listing of Coca-Cola’s African bottling business in Johannesburg and Amsterdam indicates a strong market rebound as fintech leader Flutterwave mulls a similar move. SPECIAL REPORT | BIRD AGENCY | Coca-Cola Co. is advancing plans for a significant initial public offering of its African bottling arm as soon …
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The company’s share price remains steady reflecting investors’ cautious “wait and see” approach Kampala, Uganda | THE INDEPENDENT | On November 7, Airtel Uganda marked a significant milestone by becoming the second telecom company to be listed on the Uganda Securities Exchange, following in the footsteps of MTN Uganda, which accomplished …
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Kampala, Uganda | THE INDEPENDENT | Airtel Uganda Ltd shares commenced trading on the Uganda Securities Exchange this week amidst concern over the apparent lack of interest by Ugandans in investing in equities. The company’s Initial Public Offer attracted a 54.45 percent subscription, a sharp contrast with the IPOs of …
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Kampala, Uganda | THE INDEPENDENT | Buganda Kingdom has demonstrated its commitment to the Kingdom’s economy and cooperation with key market players by undertaking a substantial investment in Airtel Uganda’s Initial Public Offering (IPO). Charles Peter Mayiga, the Kingdom’s Prime Minister pledged to procure 2 million shares on behalf of the …
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Airtel IPO offers Class of 1995 new saving vehicle. Let’s leave something for the next generation. COMMENT | DAVID BIRUNGI | The year 1995 is etched in Uganda’s contemporary history in many different ways. I will stick with only two because less is more. I don’t know where you were …
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Kampala, Uganda | THE INDEPENDENT | Airtel Uganda Ltd, a subsidiary of Airtel Africa plc, hopes to raise Shs 800 billion in an initial public offering (IPO). The company set the price for its initial public offering (IPO) at Shs100 per share and will offer up to 20% stake or 8 …
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The company will give more preference to Ugandan investors Kampala, Uganda | PATRICIA AKANKWATSA | Airtel Uganda plans to float a 20% stake in the company, equivalent to 8 billion ordinary shares, via an initial public offer (IPO) to be listed on the Uganda Securities Exchange (USE). The operator said that …
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CNOOC Limited can issue no more than 2.99 billion shares in its IPO Beijing, China | Xinhua | China’s securities regulator has approved the initial public offering (IPO) application of CNOOC Limited. CNOOC Limited will be listed on the A-share market, the China Securities Regulatory Commission said in a statement on Wednesday. …
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The telco raised Shs535.9bn in undersubscribed IPO Kampala, Uganda | THE INDEPENDENT | The South African telecom subsidiary in Uganda, MTN, began a new journey on Dec.06, with the listing on the Uganda Securities Exchange, and the share price surging past the IPO price during the first week of trading. …
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