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Podcast: Good Morning Africa
Episode: Airtel Uganda goes public.
Description: π Airtel Uganda offers 20% ($1.9 billion)of its share to the USE, seeking over $200 M in its initial public offering.πCocoa futures in the US continued their upward trajectory, surpassing the $3,600 mark for the first time since March 2011.πThe JSE All Share index was slightly down to 74,800 on the first trading session of September, mainly due to the underperformance of resource-linked sectors (-1.2%).πIn Nigeria, the PMI for Stanbic IBTC Bank dropped to 50.2 from 51.7.πAfrican airlines experienced robust passenger traffic growth at 38.9% but still lagged 9.2% behind 2Q19 levels, except South Africa.