A continued thirst for telecoms stocks has seen a bullish run of MTN on the Uganda Securities Exchange (USE), earning investors some 71 percent appreciation in value in the past half year.

In June, MTN Uganda sold shares left over from its 2021 Initial Public Offering (IPO) on the Ugandan stock exchange, leaving its parent owner controlling 76% of its shareholding. ($1 = 3,674.0000 ...