MTN Uganda said on Monday it had set the price of its initial public offering for the sale of a 20% stake at 200 Ugandan shillings ($0.0558) per share, as the East African nation’s biggest telecoms operator launched the country’s biggest IPO.

The Acunam Technology Group has announced its acquisition of Bidvest Namibia IT business for an undisclosed amount.

MTN announced to shareholders on Friday that IHS Towers is pursuing a potential registered initial public offering (IPO) on the New York Stock Exchange. 

Mobile Telecommunications Limited plans to employ 100 temporary employees for four months to assist the company through with its Initial Public Offering (IPO) process, schedule before the end of November, at a cost of N$4.2 million.

Local ride-hailing company, LEFA says it reached a major milestone in the middle of August 2021, when it clocked up more than 100,000 successful App rides.