Mmegi

Bard Santner Inc handles $1.6bn Dangote IPO in Zimbabwe

 Aliko Dangote
Aliko Dangote

HARARE - Zimbabwean financial advisory, Bard Santner Inc, which specialises in asset management, corporate finance, wealth management and remittances, is handling the historic US$1.6 billion Initial Public Offering (IPO) for the Dangote Petroleum Refinery and Petrochemicals FZE - the world's largest single-train oil refinery - inside the country.

Bard Santner Investors, a subsidiary of the company, is specifically dealing with the process.

In its investment note with an October 2 deadline, Bard Santner Investors (BSI), describing itself as "your trusted partner in Zimbabwe to access the Dangote IPO", says it will guide investors through "every step" and handle documentation and compliance issues.

Editor's Comment
Deficit relief must not invite complacency

“Financial freedom is more of ajourney than a destination.”– Rob BergerThe preliminary 2026–2027 budget deficit has been revised down to P9 billion, which is an equivalent to 3.1 percent of Gross Domestic Product (GDP). It is an improvement from the P26 billion or 8.9 percent of GDP projected in February.This P17 billion improvement is significant and deserves acknowledgement.Government’s restraint on non-essential expenditure, tighter...

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