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        • MSM ENTREPRENEUR OF THE DAY
        My Story Magazine Launches 20th Edition Celebrating African Entrepreneurship and Resilience

        My Story Magazine Launches 20th Edition Celebrating African Entrepreneurship and Resilience

        My Story Magazine Launches Its 18th Edition

        My Story Magazine Launches Its 18th Edition

        MY STORY MAGAZINE Launches 17th Edition Focused on Education and Leadership.

        MY STORY MAGAZINE Launches 17th Edition Focused on Education and Leadership.

        Download now – MY STORY MAGAZINE Launches 16th Edition Focused on Fundraising

        Download now – MY STORY MAGAZINE Launches 16th Edition Focused on Fundraising

        Download now – MY STORY MAGAZINE Launches 15th Edition

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          Hope in Full Bloom: Me Boafo Foundation’s Easter Fest Touch in Asamankese

          Hope in Full Bloom: Me Boafo Foundation’s Easter Fest Touch in Asamankese

          Ghana’s Ing. Justice Ohene-Akoto appointed Future Energy Leader at the World Energy Council

          WE NEED TO TAKE KEEN INTEREST IN PREDICTING FUTURE GLOBAL HAPPENINGS AND TRENDS- ING. JUSTICE OHENE-AKOTO

          MY STORY MAGAZINE’s 12th Edition is out now! download your exclusive copy now

          MY STORY MAGAZINE’s 12th Edition is out now! download your exclusive copy now

          The Africa Transformation Summit (Afritrans) 2022 ; A Daring African Project Set To Propel Transformation

          The Africa Transformation Summit (Afritrans) 2022 ; A Daring African Project Set To Propel Transformation

          GTIW:MESTI hails organizers of first-ever tech driven Event

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          MTN Ghana Prepares for Ghana Stock Exchange Listing, IPO by end of Q1

          My Story Magazine by My Story Magazine
          February 24, 2018
          in Markets
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          MTN Ghana Prepares for Ghana Stock Exchange Listing, IPO by end of Q1
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          Telecommunications giant MTN is expected to do a public offer to issue 35 percent of its shares to the Ghanaian public by the end of the first quarter of 2018.

          MTN commenced moves to list on the Ghana Stock Exchange, GSE, in 2016, as part of conditions under which it secured the 4G license in late 2015.

          It was expected to finalize processes to float shares on the GSE by 2017.

          In an exclusive interview with JoyBusiness, Managing Director of the Ghana Stock Exchange, Kofi Yamoah indicated that the company has submitted all the necessary documents and awaiting approval from the regulatory bodies before going public.

          He said, “They’ve submitted the necessary documents to the GSE for review. We believe that at the end of the first quarter, we’ll see the public offer for that entity taking off.”

          Mr Yamoah described the move as one of the significant activities to occur before the end of the first quarter of 2018.

          Last year, the CEO of MTN Ghana, Ebenezer Asante, explained that the move to sell part of the company’s shares to Ghanaians is part of the localization that came with the 4G license.

          “It’s very clear from the license that 35% of MTN should be moved into Ghanaian hands and since we required the license we have engaged the regulators both in the NCA as well as the Central Bank and also with the Securities and Exchange Commission,” he said.

          This is said to impact positively on trading in the Ghanaian market.

          In all 42 corporate notes and bonds were listed on the Ghana Stock Exchange with a value of Ghc6709 million by the end of December 2017 as against 23 with a value of Ghc444 million in 2016.

          Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa, Asia and the Middle East.

          The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN.” As of 30 June 2013, MTN recorded 201.5 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia.

          Source: African Markets

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          My Story Magazine

          My Story Magazine is the one-stop platform for up-to-date trends and information on entrepreneurship and also on investment opportunities in Africa.

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          MY STORY MAGAZINE is a platform for all African Entrepreneurs. One of our goals is to create opportunities for readers to go beyond the confines of the page and engage their ideas through the inspiration and motivation that will inextricably be embedded in our content.

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