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MTN Files Application for Listing With SEC, NSE

Byron Adonis Mutingwende6 years ago6 years ago05 mins

MTN Group Plc has filed an application for public listing with the Securities and Exchange Commission and the Nigerian Stock Exchange. The company applied for registration of shares and a listing on the NSE. SEC confirmed in a statement on Monday that the commission had received an application from the telecom giant. The statement read in…

Strive Masiyiwa Buys Back Mascom Botswana For USD$300 Million

Byron Adonis Mutingwende6 years ago6 years ago06 mins

The Founder and Executive Chairman of the Econet Group, Strive Masiyiwa, has bought back Mascom Botswana from MTN for US$300 million, 14 years after losing control of the telecoms giant. Mascom was Strive Masiyiwa’s first mobile company before he obtained a licence to launch Econet Wireless after a protracted court battle with government authorities. The name…