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Govt plans to raise N$500m from sale of 9% stake in MTC
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Govt plans to raise N$500m from sale of 9% stake in MTC

The government has outlined its revenue projections for the fiscal year 2024/25, targeting N$500 million from the remaining 9% stake in the Mobile Telecommunication Company (MTC) from its initial public offering. Minister of Finance and Public Enterprises Iipumbu Shiimi said this initiative forms part of broader financial estimations, which also anticipate dividends of N$1.2 billion following...