Tanzania: Foreign Investors Now Allowed in Telcos IPOs

Foreign investors will now be able to buy shares in the upcoming initial public offers (IPO) of telecommunication companies after amendments to the Electronic and Postal Communications Act, 2010 that restricted foreign players in the IPOs. The Capital Markets and Securities Authority (CMSA) said in a statement yesterday that they were finalising arrangements to enable foreign…

afrika54news

ACTUALITÉ AFRICAINE À TOUTE HEURE

You May Also Like