Safaricom IPO
Posted: 17 Apr 2008, 12:57
The largest IPO in East Africa
10 billion shares offered for sale each of Kshs 5/- value totaling Kshs 50 billion worth!
Yet, Bank of Tanzania has not allowed local stock agents to trade in Safaricoms shares, which will mean that Tanzanians will not be able to invest
In addition the Kenyan stock exchange has a reputation for some unexpected falls in stock value unlike the Tanzanian Stock exchange which has shown gains except for Tanzania Oxygen Ltd.
This forum is to discuss the risk involved in investing in Safricom and how to overcome the barriers
10 billion shares offered for sale each of Kshs 5/- value totaling Kshs 50 billion worth!
Yet, Bank of Tanzania has not allowed local stock agents to trade in Safaricoms shares, which will mean that Tanzanians will not be able to invest
In addition the Kenyan stock exchange has a reputation for some unexpected falls in stock value unlike the Tanzanian Stock exchange which has shown gains except for Tanzania Oxygen Ltd.
This forum is to discuss the risk involved in investing in Safricom and how to overcome the barriers