In a move reflective of its robust market performance and investor confidence, Airtel Uganda has announced plans to sell off its remaining shares from its Initial Public Offering (IPO). The decision comes amidst overwhelming demand from both institutional and retail investors, highlighting a positive outlook for the telecom sector in Uganda. The IPO, which was…
Tag: Airtel Uganda
Billionaire Sunil Mittal’s Airtel plans Uganda’s biggest IPO
Airtel Uganda Ltd. plans to raise as much as 800 billion shillings ($216 million) in an initial public offering, making it the nation’s biggest share sale. The company priced its IPO at 100 shillings apiece valuing the nation’s second-biggest telecommunications carrier at 4 trillion shillings. The unit of billionaire Sunil Mittal’s Airtel Africa Plc is…
Coperates support Kabaka Birthday Day Run slated tomorrow Sunday 29 Nov.
Kampala Uganda – By Nabbale Viola. Several cooperate companies and government entities have come up to support Buganda Kingdom since the launch of the virtual Kabaka Birthday Run. The virtual Kabaka Birthday Run will take place tomorrow Sunday 29th November under the theme ‘Men against AIDS to save the girl child’ and will be flagged…
