Sponsored: MTN Uganda early this week announced the opening of its Initial Public Offer for 20% of its company’s shares, an opportunity for the public to apply for stake in the company. Stanbic Bank is MTN’s Transactional advisor for MTN’s Initial Public Offer. In this interview, Anne Juuko , the CEO of Stanbic Bank sheds […]
MTN Uganda early last week announced the opening of its Initial Public Offer (IPO) for 20% of its company’s shares, an opportunity for the public to apply for stake in the company. Stanbic Bank is MTN’s Transactional advisor for MTN’s Initial Public Offer. In this interview, Anne Juuko , the CEO of Stanbic Bank sheds […]
Telecom giant MTN Uganda has today opened its Initial Public Offer. This comes after putting 20% of its shares on the market with each share going for UGX 200 and Potential investors can now buy shares using MTN Mobile money. Addressing journalists today, MTN Uganda CEO, Wim Vanhelleputte said the company has officially started offering […]
The National Treasury disclosed the loans amounted to KSh 104.84 billion The exchequer said the billions were invested in priority projects but may have to be repaid by taxpayers given the poor financial state of the parastatals As of June 2020, KPLC had debts amounting to KSh 53.84 billion At least nine state-owned firms are […]
MTN Uganda early this week announced the opening of its Initial Public Offer for 20% of its company’s shares, an opportunity for the public to apply for stake in the company. Stanbic Bank is MTN’s Transactional advisor for MTN’s Initial Public Offer. In this interview, Anne Juuko , the CEO of Stanbic Bank sheds light […]
(Adds quotes from MTN CEO, company’s profits and dividend policy) KAMPALA, Oct 11 (Reuters) – MTN Uganda said on Monday it had set the price of its initial public offering for the sale of a 20% stake at 200 Ugandan shillings ($0.0558) per share, as the East African nation’s biggest telecoms operator launched the country’s […]
But businesses remain optimistic about the future Kampala, Uganda | JULIUS BUSINGE | Business sentiments in Uganda’s private sector remained positive but slow in September on account of new orders and higher output, according to the monthly Stanbic Bank Purchasing Managers Index (PMI). The headline PMI registered 52.5 in September compared to the 50.2 in […]
Stanbic Holdings has announced the appointment of Mr. Joseph Muganda as an Independent Non-Executive Director on the Board effective 12th October, 2021. Joe Muganda holds an MBA from Leicester University and a Bachelor of Science in Economics, Accounting and Financial Management from the University of Buckingham (UK). He has previously worked as the Managing Director […]
Stanbic Bank Kenya has entered into a partnership with Tata Kenya to offer car financing loans plus insurance financing for the acquisition of Tata vehicles. The financing offer will apply to both existing Stanbic Bank Kenya clients and new clients. The agreement signed between the two entities will allow customers to acquire Tata cars. Stanbic […]
MTN Uganda has picked Kenyan investment bank, Dyer and Blair, to assist with its initial public offering (IPO) guaranteeing the firm, owned by billionaire businessman Jimnah Mbaru hefty fees. The $250 million (Ush895.56 billion) IPO opened on Monday. Investors can apply for shares through SBG Securities, a subsidiary of South Africa’s Stanbic Holdings Plc and […]
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