MTN Uganda takes hit, leading to $5-million loss for Uganda’s richest investor Charles Mbire
Mbire owns a 3.99-percent stake in MTN Uganda, or 894,494,705 shares.
Mbire owns a 3.99-percent stake in MTN Uganda, or 894,494,705 shares.
Mbire is anticipated to receive $1.16 million from the telecom group’s interim dividend payout.
The $4.7-million bump in his stake solidifies his position as the richest investor on the Uganda Stock Exchange.