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Markets
Airtel IPO slim by Shs588.6bn
NSSF sole institutional investor in the offering, buying 52.75% of the available shares – and 96.9% of total shares sold
November 7, 2023
Companies
Corporate earnings and results
Mobile money, data drive MTN revenue growth in Q3
MTN Uganda's revenue for the first three quarters increased by 15.9% compared to the same period last year
November 2, 2023
Markets
NSSF buys 10.55% stake in Airtel as part of IPO
Government-run pension fund NSSF will take 10.55 per cent stake in Airtel Uganda as part of the telecom's Shs800bn flotation
October 27, 2023
Companies
Markets
Airtel doubles incentive shares for IPO investors
Airtel Uganda has increased the number of bonus shares on offer to investors in its initial public offering on the Uganda Securities Exchange, days before the listing closes
October 25, 2023
Markets
Airtel extends IPO closing date
Airtel Uganda has postponed the closing date for its initial public offering to 27 October from the original date of 13 October
October 13, 2023
Companies
Markets
Airtel plans to raise Shs800bn in IPO
Airtel Uganda Limited expects to raise as much as Shs800 billion ($215.2m) in an initial public offering, which would value the telecom at Shs4 trillion (nearly $1.1bn)
August 29, 2023
Companies
Markets
Airtel Uganda to list shares on local bourse
Uganda's second largest mobile operator will list 8bn shares, representing 20 per cent of the company's stock, by 16 December 2023
August 9, 2023
Companies
Corporate earnings and results
Markets
MTN boosted by data and mobile money
Uganda's largest telecom company MTN Uganda reported a gain in full-year profit on the back of a jump in data revenue and moderated growth in operating expenses
March 7, 2022
Companies
Mergers & Acquisitions
Seacom acquires Africell assets to expand enterprise business
Seacom on Thursday announced that it is acquiring certain infrastructure assets from the defunct telecom operator Africell Uganda Limited
February 10, 2022
Companies
Airtel, MTN bring back fees for mobile money transactions
Uganda's two largest telecom firms, MTN Uganda and Airtel Uganda, said they will reintroduce charges on mobile money transactions starting Tuesday, ending the zero-fee charging structure announced in March
May 26, 2020
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