Browsing: MTN Ghana

It’s not MTN’s biggest operation, but Ghana is nonetheless an important market for the group. And the latest results from the West African subsidiary are likely to cheer investors.

MTN Group’s unit in Ghana raised 1.1-billion cedis (R3.5-billion) selling about a third of the shares the wireless carrier made available in an initial public offering.

MTN has kick-started the process of listing shares on the Ghana Stock Exchange. The telecommunications group said in a statement on Tuesday that MTN Ghana has launched an initial public offering, which will be