Brokers at the Dar es Salaam Stock Exchange. Vodacom Tanzania Plc has extended the deadline for its initial public offering by three weeks and will now allot shares from May 19, 2017. PHOTO | FILE
Vodacom Tanzania Plc has extended the deadline for its initial public offering (IPO) by three weeks in order to give local investors more time to take part in the share sale.
Vodacom seeks to raise Tsh476 billion ($213 million) through the sale of its 560 million shares at a price of Tsh850 each ($0.3) in the IPO.