• Latest

NSSF to invest UGX 199bn for 10.55% of Airtel Uganda

October 27, 2023

Museveni Orders Probe into PDM Fund Misuse in Kawempe

July 19, 2025
REJECTED SACRIFICE: Ruhinda South NRM Voters Turn Backs on Kahonda, Elect Kazoora

REJECTED SACRIFICE: Ruhinda South NRM Voters Turn Backs on Kahonda, Elect Kazoora

July 18, 2025
VINAStech Advert
Kyarampe Rebecca Wins NRM Woman MP Flag for Mitooma

Kyarampe Rebecca Wins NRM Woman MP Flag for Mitooma

July 18, 2025
Rising Murder Fears in Ishaka-Bushenyi as Two Bodies Are Discovered in a Day

Wife Arrested Over Husband’s Murder

July 17, 2025

From Land to Lab: St. Kizito High Champions Innovation at National Agri-Education Fair

July 17, 2025
FDC Youth Leader Pushes Opposition to Back Weak NRM Candidates

FDC Youth Leader Pushes Opposition to Back Weak NRM Candidates

July 17, 2025

NRM Aspirant’s Husband Shot Dead in Kamuli Political Violence Incident

July 17, 2025
Okello George Rwember Nominated UPC Flag Bearer for Amolatar LCV Seat

Okello George Rwember Nominated UPC Flag Bearer for Amolatar LCV Seat

July 16, 2025
Gov’t Grants King Caesar University Charter Status

Gov’t Grants King Caesar University Charter Status

July 16, 2025
Why free grid connections still leave Ugandans in the dark?

Why free grid connections still leave Ugandans in the dark?

July 16, 2025
PRAU Launches 4th National Public Relations Symposium

PRAU Launches 4th National Public Relations Symposium

July 16, 2025
Victoria University Backs Pastor Bugembe’s 20-Year Gospel Music Milestone

Victoria University Backs Pastor Bugembe’s 20-Year Gospel Music Milestone

July 16, 2025
  • About Us
  • Internship
  • Contact Us
Saturday, July 19, 2025
Parrots Media
No Result
View All Result
  • Login
  • News

    Museveni Orders Probe into PDM Fund Misuse in Kawempe

    REJECTED SACRIFICE: Ruhinda South NRM Voters Turn Backs on Kahonda, Elect Kazoora

    REJECTED SACRIFICE: Ruhinda South NRM Voters Turn Backs on Kahonda, Elect Kazoora

    Kyarampe Rebecca Wins NRM Woman MP Flag for Mitooma

    Kyarampe Rebecca Wins NRM Woman MP Flag for Mitooma

    Rising Murder Fears in Ishaka-Bushenyi as Two Bodies Are Discovered in a Day

    Wife Arrested Over Husband’s Murder

    FDC Youth Leader Pushes Opposition to Back Weak NRM Candidates

    FDC Youth Leader Pushes Opposition to Back Weak NRM Candidates

    Okello George Rwember Nominated UPC Flag Bearer for Amolatar LCV Seat

    Okello George Rwember Nominated UPC Flag Bearer for Amolatar LCV Seat

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
  • News

    Museveni Orders Probe into PDM Fund Misuse in Kawempe

    REJECTED SACRIFICE: Ruhinda South NRM Voters Turn Backs on Kahonda, Elect Kazoora

    REJECTED SACRIFICE: Ruhinda South NRM Voters Turn Backs on Kahonda, Elect Kazoora

    Kyarampe Rebecca Wins NRM Woman MP Flag for Mitooma

    Kyarampe Rebecca Wins NRM Woman MP Flag for Mitooma

    Rising Murder Fears in Ishaka-Bushenyi as Two Bodies Are Discovered in a Day

    Wife Arrested Over Husband’s Murder

    FDC Youth Leader Pushes Opposition to Back Weak NRM Candidates

    FDC Youth Leader Pushes Opposition to Back Weak NRM Candidates

    Okello George Rwember Nominated UPC Flag Bearer for Amolatar LCV Seat

    Okello George Rwember Nominated UPC Flag Bearer for Amolatar LCV Seat

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
No Result
View All Result
Parrots Media
No Result
View All Result
Home RELIGION

NSSF to invest UGX 199bn for 10.55% of Airtel Uganda

Through the NSSF, the biggest indigenous investor, millions of Ugandans will also be an important part of the telecommunications company’s growth journey

Parrots Media by Parrots Media
October 27, 2023
in RELIGION
0

Airtel MD Manoj Murali and NSSF MD Patrick Ayota

0
SHARES
0
VIEWS
Share on FacebookShare on X

By Leonard Kamugisha Akida,

KAMPALA

READ ALSO

Victoria University Backs Pastor Bugembe’s 20-Year Gospel Music Milestone

Police Urge Vigilance Amid Ongoing Terror Threats

The National Social Security Fund (NSSF) Uganda has announced its application for investment of UGX 199 billion for 10.55% of the total shares outstanding of Airtel Uganda via its ongoing Initial Public Offering (IPO).

ADVERTISEMENT
Patrick Ayota, MD NSSF

This has been announced in a joint statement by the fund’s Managing Director Patrick Ayota and Airtel Uganda Director, Manoj Murali today.

The National Social Security Fund (NSSF) Uganda and @Airtel_Ug announce the Fund’s application for an investment of UGX 199 billion for 10.55% of the total shares outstanding of Airtel Uganda via its ongoing Initial Public Offering. pic.twitter.com/XY8i1vDQuU

— NSSF Uganda (@nssfug) October 27, 2023

The investment reflects the confidence that the NSSF has in the telecommunications sector, the prospects of the Company and quality of its management team.

NSSF statement on purchasing Airtel Uganda IPO

The Fund’s investment in Airtel gives an opportunity for millions of NSSF members to own part of a successful
company in a fast-growing sector known for innovative services.

Through the NSSF, the biggest indigenous investor, millions of Ugandans will also be an important part of the telecommunications company’s growth journey.

Airtel Uganda announced that it will sell up to 20% of the company by offering shares to the public via the IPO, and
subsequently list on the Uganda Securities Exchange (USE).

Airtel MD Manoj Murali

“The NSSF and Airtel Uganda are committed to the development of the Ugandan Capital Markets, and promoting broad based ownership of equities to enable investors to participate in the growth and development of the country,” read a statement in parts

The listing will be a historic step forward for Uganda and the its telecommunications sector.

Tags: Airtel IPOAirtel Uganda MDManoj MuraliPatrick Ayota

Related Posts

Victoria University Backs Pastor Bugembe’s 20-Year Gospel Music Milestone
News

Victoria University Backs Pastor Bugembe’s 20-Year Gospel Music Milestone

July 16, 2025
Police Urge Vigilance Amid Ongoing Terror Threats
Religion

Police Urge Vigilance Amid Ongoing Terror Threats

June 6, 2025
Journalists blocked from Martyrs Day Venue
Religion

Journalists blocked from Martyrs Day Venue

June 3, 2025
News

Malawian, Tanzanian Students Jet In for Uganda Martyrs Essay Awards

June 2, 2025
Religion

UPC Urges Reflection and Reform Ahead of Uganda Martyrs Day

May 28, 2025
News

Kasujja Warns Against Secularism as UMU Trains Chaplains to Tackle Youth Crisis

May 26, 2025
Next Post

Gov't assesses decade-long progress of National Land Policy, discuss Future Pathways

POPULAR NEWS

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

February 16, 2025

Former IGP Okoth Ogola Dies

February 14, 2025

A Love Beyond Distance: A review of Leonard Kamugisha Akida’s poetic tribute on valentine’s day

February 14, 2025

Besigye Sends Easter Message from Luzira Prison as Archbishop Kazimba Urges for Release of Political Prisoners

April 18, 2025
Brutality at KIU: Students Assaulted by Officials at Examination Hall

KIU Loses Bid to Block Payment of Shillings 46.8 Billion to Housing Finance Bank

March 12, 2025

EDITOR'S PICK

Five Machete Wielding Thugs Arrested

Five Machete Wielding Thugs Arrested

April 9, 2023
146 Ugandan Workers Repatriated from Saudi Arabia

146 Ugandan Workers Repatriated from Saudi Arabia

November 11, 2024

Museveni promotes 528 UPDF officers

January 16, 2022

UJA calls for solidarity against abuse of journalists’ rights at EU meeting

April 25, 2024
VINAStech advert VINAStech advert VINAStech advert
ADVERTISEMENT

About

Parrots Media

A Public Relations and Media Services Company registered and licensed to operate in Uganda and the Great Lakes Region.

Follow us

Categories

  • Business
  • BUSINESS REPORTS
  • CLIMATE ACTION REPORTS
  • Climate Change
  • COMMUNITY REPORTS
  • Education
  • Entertainment
  • FEATURES
  • Health
  • Lifestyle
  • News
  • News
  • OBITUARY
  • Obituary
  • Opinions
  • RELIGION
  • Religion
  • Science and Technology
  • Sports
  • Sports and Entertainment
  • TOURISM

Recent Updates

  • Museveni Orders Probe into PDM Fund Misuse in Kawempe
  • REJECTED SACRIFICE: Ruhinda South NRM Voters Turn Backs on Kahonda, Elect Kazoora
  • Kyarampe Rebecca Wins NRM Woman MP Flag for Mitooma
  • Wife Arrested Over Husband’s Murder
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Jun    
  • About Us
  • Internship
  • Contact Us

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

No Result
View All Result
  • Parrots Media
  • News
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Lifestyle
  • Others
    • Climate Change
    • Education
    • Religion
    • Opinions

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

You cannot copy content of this page