
Safaricom's decision to float its IPO on the Uganda Securities Exchange (USE) has sent ripples through the financial market in Kampala. Seen largely as a vote of confidence for the young exchange, the move may prove to be anything but.

Safaricom's decision to float its IPO on the Uganda Securities Exchange (USE) has sent ripples through the financial market in Kampala. Seen largely as a vote of confidence for the young exchange, the move may prove to be anything but.