MARKETS

MTN Uganda opened its initial Public Offer that will run until 22nd November 2021 4pm. The MTN Uganda Chief Executive Officer, WIM VANHELLEPUTTE sheds...

The MTN Uganda IPO offers for sale 4.4 billion ordinary shares, accounting for a 20% stake of the company, at a price of UGX 200.00 (KES6.25) per share. Each prospective shareholder must apply for at least 500 shares which, if fully allocated, results in a minimum investment of UGX 100,000 (KES3,125) per shareholder.

Jumia, Africa’s leading e-commerce platform, has launched the 9th edition of its “Jumia Black Friday” campaign dubbed Kila siku ni Black Friday(30 days of Black...

CDC Group, the UK’s development finance institution and impact investor, is set to invest over £3 billion (Ksh456 billion) to support emerging economies in...

EABL announced on that note was oversubscribed by 245% during the offer period between October 6-21, with a bulk of investors at 68% being corporate investors. “The more encouraging aspect of this issue is that it was embraced by an impressive mix of individual and corporate investors. Individual and retail investors comprised 32% of applicants while institutional investors covered the rest,” said Ms Karuku.

On 29th October 2021 marked the 5th anniversary for Fanaka Real Estate Ltd, a leading provider of real estate and property management solutions in...

Mizizi Africa Homes has ventured into the Coastal Real Estate market to tap into a high demand for holiday homes as the tourism sector...

The metaverse is a virtual shared space created by the intersection of digitally enhanced physical reality, augmented reality, and the internet. The phrase "metaverse,"...