Kitomari Banking & Finance Blog is a premier site for banking, finance, business, economic, investment and stock market news as well as selected informative articles from Tanzania, East Africa and the rest of the World. We operate 24 hours a day, 365 days a year with complete context, perspective and precision.
Wednesday, 29 May 2019
TIGO'S IPO PROCESS IN FINAL STAGES
TIGO Tanzania, a unit of Millicom International Cellular, is now finalising its initial public offer (IPO) plans on the Dar es Salaam Stock Exchange (DSE) to go public next month.
The Principle Public Relations Manager of the Capital Markets and Securities Authority (CMSA), Charles Shirima, said Tigo was now at an advanced stage to fulfil conditions for the IPO to become the second telecom to list on the DSE, after Vodacom raised 476bn/- in a successful IPO in 2017.
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