Tanzania: CMSA Says Market Ready for Telecoms to Go Public

The market is ready and investors are eager to buy shares of mobile telephone companies when they float some of their shares at the Dar es Salaam Stock Exchange (DSE) as required by law, the head of regulatory authority has said.

Ms Nasama Massinda, the Chief Executive Officer of the Capital Markets and Securities Authority (CMSA), said on Monday that the market was big enough and was well prepared with adequate infrastructure to accommodate the mobile network operators when they list at the DSE.

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