Posted on May 30, 2008 by kenyanobserver
After shares of the Safaricom IPO last month were were over-subscribed by 532 percent, Kenya’s Finance Minister, Amos Kimunya, has announced that the bulk of the money will be refunded.
He noted that a positive side to this was that it had opened up Kenya’s capital markets to the international financial community.
Filed under: News | Tagged: kenya, nairobi, kenya government, mobile, phones, safaricom, amos, kimunya, finance, ipo, nse
