Episode 5: MTN Uganda IPO

Welcome to the Mwango Capital Podcast where we discuss topical issues on African capital markets.In this episode, MTN Uganda CEO Wim Vanhelleputte, Stanbic Uganda Head of Investment Banking Paul Muganwa, and representatives from SBG Securities and Dyer and Blair Investment Bank. We discuss the MTN IPO, MTN’s business model, and the state of the Ugandan capital markets.Subscribe to get notified when we make a new post:Show Notes00:00:00 Introduction00:05:09 What’s an IPO?00:07:52 History and key milestones00:13:14 Business model and strategic initiatives00:18:54 The Ugandan economy00:22:49 Stanbic Uganda’s, SBG Securities’, and Dyer & Blair’s role00:28:57 MTN Uganda’s ownership and listing reasons00:34:51 Bonus shares00:36:32 IPO application process00:49:23 Capital allocation00:54:52 Ugandan capital markets00:58:11 MTN’s future01:07:04 Money transfer vs network business01:09:35 Cross-border participation process01:14:11 MTN’s management team01:21:07 MTN’s valuation01:30:58 Skin in the game? Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe