Whereas the market dynamics remain volatile, MTN has proved that it has enough potential to offer investors better returns and is well-positioned to be a competitive stock
The last three firms to list on Uganda Securities Exchange have been forced to heavily rely on the one institution: the National Social Security Fund for large share sales due to low IPO.
Sunil Mittal: Airtel said it managed to raise 211.4 billion shillings ($56 million) after selling 54.5% of the 8 billion shares on offer. Retail investors bought just 0.3% of the IPO. Shares were unchanged at 100 shillings on its debut on Tuesday.