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 on MTN’s IPO for prospective investors. From your expert opinion, would you consider the MTN IPO a good investment and why? This is definitely a worthwhile investment when considering the macro-economic and industry environment. There is a low mobile penetration rate in Uganda of just over 60%, high…
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