Vodacom Tanzania managing director Ian Ferrao speaking at a past event. PHOTO | FILE
Vodacom's Tanzanian subsidiary received approval on Tuesday to list on the Dar es Salaam Stock Exchange and aims to raise Tsh476 billion ($213 million) in the IPO, the market regulator said.
Vodacom plans to sell 560 million shares at Tsh850 ($0.38) each, said Charles Shirima, the public relations manager at the Capital Markets and Securities Authority.
