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MTN Uganda

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MTN Appoints 3 New CEOs Across its African Businesses

Luis Monzon -
South Africa's MTN Group has today announced the appointment of three new CEOs across three different subsidiaries on the continent, namely in Cameroon, Rwanda and Uganda effective 1 September 2022. MTN also announces the creation of a new senior MTN...
Company News

MTN Uganda Posts Results, Sees Increased Profits

Zintle -
MTN Uganda Limited (MTN Uganda) announced its audited results for the financial year ended 31 December 2021. Wim Vanhelleputte, MTN Uganda CEO, said that 2021 marked a huge milestone for MTN Uganda as 20% of the issued shares of the...
Company News

MTN Uganda Lists 22.4 Billion Shares & Commences Trading

Luis Monzon -
MTN Uganda Limited announced yesterday that it has proceeded with the listing of its 22.4 billion ordinary shares on the Uganda Securities Exchange (USE), with trading commencing immediately. The listing has received the requisite approvals from the Capital Markets Authority...
Mobile and Telecoms

Just How Many Shares is MTN Nigeria Preparing to Sell in Upcoming Offer

Luis Monzon -
The MTN Group, representing the largest telecom company in Africa, has announced that it is preparing to sell shares in its Nigeria arm worth about $242-million in the continuation of its plan to dispose of assets and pay down...
Company News

How Much Will Kenyans Need to Pay for MTN Uganda’s Free IPO Shares?

Luis Monzon -
MTN Uganda is offering free shares to Kenyan investors in a bid to motivate them in buying stocks in the telecom firm. MTN Uganda yesterday opened an initial public offering (IPO) at $250-million yesterday. South Africa’s MTN Group is currently...
Company News

Africell to Exit Uganda, Unable to Compete with MTN & Others

Luis Monzon -
UK-based mobile tech firm Africell announced yesterday that it was ending its operations in Uganda, where it has been unable to supersede its competitors in the country, namely local units of massive telecom firms such as South Africa's MTN...
East Africa

MTN Deploys “First-of-its-Kind” Infrastructure Advancing Network Automation in Uganda

Luis Monzon -
MTN Uganda and several members of the Telecom Infra Project (TIP) have signed an agreement that will advance network automation in the country and abroad using TIP’s Disaggregated Cell Site Gateway (DCSG). This first of its kind network deployment in...
Cybersecurity

Airtel, MTN and Stanbic Bank Fall Victim to Major Data Breach in Uganda

Jenna Delport -
Mobile money transaction company, Pegasus technologies has suffered a major data breach resulting in the loss of billions of Ugandan Shillings - according to PLM Daily. The breach is said to have impacted telcos, Airtel and MTN Uganda, as...
Africa By Region

MTN to Focus on African Markets and Ditch Middle East

Jenna Delport -
MTN has announced that it is focusing its strategy on the African markets. “As part of our ongoing portfolio review, we believe the group is best served to focus in the future on our pan-African strategy," says MTN Group...
Company News

MTN is Recognised as Most Admired Telecom Brand in Uganda

Jenna Delport -
MTN has been recognised as the Most Admired Telecom Brand in Uganda by Brands Africa in the 2020 Africa’s Best Brands Survey which is conducted across 27 countries on the continent. “This award is an endorsement of our efforts towards...
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Latest News

Company NewsMamsi Nkosi -

AfriLabs and ATU Forge Continent‑Wide Pact to Fast‑Track Digital Innovation

AfriLabs and the African Telecommunications Union (ATU) have signed a landmark Memorandum of Understanding (MoU) to accelerate digital innovation...
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