Discover and read the best of Twitter Threads about #MTNIPO
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There’s dangerous delusion among some elites that Uganda is a REPUBLIC, with a people’s gov’t that pretends to adhere to the rule of law & democratic standards. Yet, in truth, it is a POSTCOLONY, where an imposed regime uses rule by law & tyrannical rules to govern the ‘natives’. 
The word REPUBLIC comes from Latin ‘res publica’, which literally means ‘public thing’, ‘public matter’, or ‘public affair’ & was used to refer to the state as a whole.
In a REPUBLIC, the country is considered a ‘public matter’, not the private concern/property of the rulers.
In a REPUBLIC, the country is considered a ‘public matter’, not the private concern/property of the rulers.
In their wisdom, the framers of the 1995 Constitution entrusted or imposed on the CITIZEN, the task of TRANSFORMING Uganda from a POSTCOLONY into a REPUBLIC.
It was hoped that the JUDICIARY would accord the Office of the CITIZEN the necessary support & protection in this regard.
It was hoped that the JUDICIARY would accord the Office of the CITIZEN the necessary support & protection in this regard.
Looking to Invest in Stock Market? Here is Everything You Should Know sokodirectory.com/2021/11/lookin…
#Thread #MTNIPO
#Thread #MTNIPO
Lots of individuals have no idea what the stock market is; to them, it is just something they see in the business section or news that doesn’t make sense, and for this reason, they have no idea how lucrative it can be #MTNIPO
The knowledge of the stock markets isn’t complete without defining the initial public offering (IPO). An IPO, as the name hints, refers to the first time a private company offers its shares/stock to the public #MTNIPO
We are underway with @mtnug CEO @wimMTNUG and @stanbicug Head of Investment Banking Paul Muganwa
#MwangoSpaces #MTNIPO
twitter.com/i/spaces/1ynJO…
#MwangoSpaces #MTNIPO
twitter.com/i/spaces/1ynJO…
What is an IPO?
A company takes its ordinary shares from private ownership to public ownership.
@mtnug IPO offer opened on 11 November and will close on 22 November 2021
#MwangoSpaces #MTNIPO
A company takes its ordinary shares from private ownership to public ownership.
@mtnug IPO offer opened on 11 November and will close on 22 November 2021
#MwangoSpaces #MTNIPO
About @mtnug:
-Incorporated in 1988
-Leading telecoms company in Uganda
-14.9 million subscribers
-59.1% customer market share
#MwangoSpaces #MTNIPO
-Incorporated in 1988
-Leading telecoms company in Uganda
-14.9 million subscribers
-59.1% customer market share
#MwangoSpaces #MTNIPO
In preparation for our Twitter Spaces tomorrow evening on the MTN Uganda [@mtnug] IPO, it's time do a thread on the #MTNIPO.
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1.
On Monday 11th October 2021, MTN Uganda announced the opening of its initial public offer of 20% of its ordinary shares
This was after approvals by the Capital Markets Authority of Uganda [@CmaUganda] and the Uganda Securities Exchange [@USEUganda]
On Monday 11th October 2021, MTN Uganda announced the opening of its initial public offer of 20% of its ordinary shares
This was after approvals by the Capital Markets Authority of Uganda [@CmaUganda] and the Uganda Securities Exchange [@USEUganda]
2. What is on Offer?
4.47B shares (20% of ordinary shares) are on offer at a price of UGX 200 ($0.06) each valuing MTN Uganda at UGX 895.56B ($250m)
MTN Group currently holds 96% of MTN Uganda.
Offer is open to investors in Uganda, Kenya, Tanzania, Rwanda & Burundi.
4.47B shares (20% of ordinary shares) are on offer at a price of UGX 200 ($0.06) each valuing MTN Uganda at UGX 895.56B ($250m)
MTN Group currently holds 96% of MTN Uganda.
Offer is open to investors in Uganda, Kenya, Tanzania, Rwanda & Burundi.
