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Airtel Africa has announced that it plans to list its Uganda subsidiary, Airtel Uganda Limited, on the Uganda Securities Exchange. Officials say the firm intends to publish a prospectus and float 8 billion ordinary shares, representing 20% of Airtel Uganda Limited, on the local bourse. Absa Bank Uganda Limited has been appointed as Lead Transaction Advisor, Crested Capital as Lead Sponsoring Broker, Katende Ssempebwa and Company Advocates as the Legal Advisor, and EY as the Reporting Accountant for the listing. Airtel’s Ugandan business is the second largest in the market, with over 10 million subscribers and a market share of 32%, it reported a revenue of $262 million for the year ended 31 March 2023. #NTVNews #NTVTonight #NTVWeekendEdition Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter / ntvuganda Connect with us on Messenger via m.me/NTVUganda