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Shares of MTN Group Limited (OTCMKTS:MTNOY – Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $7.18 and traded as low as $6.48. MTN Group shares last traded at $6.48, with a volume of 18,883 shares traded. MTN Group Price Performance The […]
The Airtel Uganda IPO, reportedly the African nation's biggest share sale, opens Wednesday and closes on October 13. The company's shares will be listed October 31 on the Uganda Securities Exchange, according to the share sale documents. Once the listing is concluded, Airtel Uganda will be the second listed telco on the Uganda stock exchange after MTN Uganda – majority controlled by South Africas MTN Group – which was listed in December 2021.
MTN Group CEO Ralph Mupita met with Cameroon’s Prime Minster Joseph Dion Ngute to reiterate the operator’s commitment to invest in the country’s telecoms sector, despite the operator seeing its accounts frozen and garnished since last year.
The Airtel Uganda IPO, reportedly the African nation's biggest share sale, opens Wednesday and closes on October 13. The company's shares will be listed October 31 on the Uganda Securities Exchange, according to the share sale documents. Once the listing is concluded, Airtel Uganda will be the second listed telco on the Uganda stock exchange after MTN Uganda – majority controlled by South Africas MTN Group – which was listed in December 2021.
The Airtel Uganda IPO, reportedly the African nation's biggest share sale, opens on Wednesday and closes on October 13. The company’s shares will be listed on October 31 on the Uganda Securities Exchange, according to the share sale documents.