Vodacom Tanzania has for the second time extended its initial public offering to the end of July to allow foreigners to participate, hoping this will excite investors and enable it to hit its $213.07 million target.
In a statement, the firm said it had received approval from Tanzania’s capital markets regulator to extend the offer period to July 28, a week after Tanzania changed its laws to allow for foreign participation in buying shares on its Dar es Salaam Stock Exchange (DSE).
