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Jimnah Mbaru firm to earn hefty fees in Uganda telco IPO

JIMNAH

Dyer and Blair chairman Jimnah Mbaru. FILE PHOTO | NMG

By  BRIAN NGUGI

MTN Uganda has picked Kenyan investment bank Dyer and Blair to assist with its Initial Public Offering (IPO) guaranteeing the local firm, owned by billionaire businessman Jimnah Mbaru hefty fees.

The Sh27.6 billion IPO opened on Monday.

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