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Wireless

Uganda President calls for all telcos to list on stock exchange

Thursday 11 April 2019 | 11:59 CET | News
Ugandan president Yoweri Museveni has again demanded that all telecom operators in the country publicly list on the stock exchange so that Ugandans can own shares in the companies, reports the Monitor. The president said the telecom operators are fleecing the country by repatriating capital out of the country. According to the President, the only way this can stop is when part of the firms are owned by Ugandans because some money will be paid to Ugandans that will be kept within the economy, thus stabilising the shilling. 

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Categories: Mobile & Wireless
Countries: Uganda
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