Tag Archives: mtn

Nakasongola, Uganda | THE INDEPENDENT | Nakasongola police are hunting for a security guard from J Unit security company for robbing Shillings 100 million from an MTN dealer. Nicholas Ojambo reportedly put the MTN agent from Nile Com Limited and driver at gunpoint in the forest between Katuugo Check-point and …

Kampala, Uganda | THE INDEPENDENT | Uganda’s stock market saw a big leap in growth in 2021, thanks to the listing of MTN Uganda, after more than three years of near-stagnation with limited shares activity. Over the year, the total value of the stocks of the locally listed companies, or …

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. …

  Kampala, Uganda | THE INDEPENDENT | MTN Uganda share prices gained on the first day of trading on the Uganda Securities Exchange, from the Initial Public Offer price of 200 shillings per share. The shares traded at an average sh205 per share, which was a gain of 2.5% from …

MTN raises share-buy limit to Ushs20m a day, talks of good Rresponse to IPO Kampala, Uganda | THE INDEPENDENT |  Telecom company, MTN has made a last-minute ditch to attract as many applications for the company’s shares as possible, with the closure of the Initial Public Offer, IPO, coming to …

 Uganda Securities Exchange CEO says number of investors could triple Kampala, Uganda | JULIUS BUSINGE | Executives at the Uganda Securities Exchange are optimistic about increased activity and shareholder numbers at the bourse as MTN Uganda’s listing takes shape. Paul Bwiso, chief executive officer said on the sidelines of the …

Assessing the opportunity and the risk Kampala, Uganda | ISAAC KHISA | Commenting on the move by Uganda’s largest telecom company, MTN, to list on the country’s stock exchange, Stephen Kaboyo, the managing director at Alpha Capital Partners, sees opportunity. “In my own prediction, MTN stock will be a good …

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Behind MTN share offer: Assessing the opportunity and the risk THE LAST WORD Inside Besigye’s pipedream: Why Besigye’s struggles are not about democratising Uganda but about making Besigye president COMMENTS Land acquisition for …

The two firms control nearly 90% of the market | THE INDEPENDENT | The looming dominance of MTN and Airtel in the country’s telecom industry following the planned exit of Africell Uganda could expose customers to poor quality of services and price exploitation, experts say. Paul Lakuma, an economist and …

This will potentially be the largest IPO on the Ugandan market and will be delivered primarily through a digital paperless/ green platform which is the first of its kind in East Africa Kampala, Uganda | THE INDEPENDENT | MTN Uganda has today announced intentions to float 20% of their shares …