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NSSF to invest Shs199bn in Airtel Uganda

Kevin Githuku | October 27, 2023

The National Social Security Fund (NSSF) has announced plans to invest Shs199 billion for 10% of the total shares outstanding of telecom company, Airtel Uganda. In a press statement, Patrick Ayota, the Fund’s managing director says this will be done through the ongoing Initial Public Offer (IPO). He says the […]


BusinessNews

Airtel share price set at Shs100

Moses Ndhaye | August 29, 2023

Telecommunication firm, Airtel Uganda says it had set the price for its initial public offering at Shs100 a share, ahead of its listing on the Uganda stock market exchange in early October this year. Airtel Uganda’s managing director, Mr. Manoj Murali says the company is offering 8 billion shares worth […]


BusinessNews

Airtel to list on stock market

Moses Ndhaye | August 10, 2023

Giant telecommunication company, Airtel Uganda has confirmed its intention to list on the stock market of Uganda up to 20 percent of its shares, totaling Shs8 billion. The company, wholly owned by Airtel Africa plc, is due to publish the prospectus (offer document) approved by the Capital Markets Authority, which […]


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