The company plans to invest Shs 500 million in 25 projects countrywide Kampala, Uganda | THE INDEPENDENT | MTN Uganda, through the MTN Foundation has launched the second phase of the MTN Changemakers Initiative, a transformative program designed to drive positive social change across Uganda. This new phase will see an …
Read More »MTN Uganda’s net profit up 29.7% to Shs 295.7 billion
Kampala, Uganda | THE INDEPENDENT | MTN Uganda has announced a significant 29.7% increase in net profit to Shs 295.7 billion for the half-year ended June 2024, driven by robust growth in voice, data, and fintech services. The telecom company’s voice revenues rose by 15.1% to Shs 626.7 billion, while data …
Read More »NSSF earns Shs 80.6 billion from investment in MTN Uganda
This the largest dividend the fund has earned from a listed company in the region this year Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund (NSSF) has accrued Shs 80.6 billion from its investment in telecom firm, MTN Uganda, over the past three years. This follows the latest …
Read More »Glovo takes lead to boost courier services in Kampala
SafeBoda, KFC, MTN, Zembo patriciate in training couriers in a three-day program Kampala, Uganda | IAN KATUSIIME | Glovo, the multi-category app renowned for its on-demand delivery services, has teamed up with prominent brands in Uganda including MTN Uganda, KFC, Safe Boda, and Zembo to elevate its courier services and customer …
Read More »MTN Uganda launches 30 Days of Y’ello Care at Kansanga Seed Secondary School
Kampala, Uganda | THE INDEPENDENT | MTN Uganda staff, in partnership with various stakeholders, has launched a special 30-day edition of the beloved employee volunteerism initiative, “21 Days of Y’ello Care,” extending it to 30 days this year in celebration of MTN Group’s 30th anniversary. Themed “Learn Today, Lead Tomorrow: …
Read More »MTN Uganda sells unsold shares from undersubscribed 2021 IPO
Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda, is selling more than 1.5 billion ordinary shares, originally unsold during the initial public offering (IPO), to the public at the current market price of UGX 170 per share. Each investor must purchase a minimum of 1,400 shares. This secondary offer, …
Read More »MTN Uganda expands digital skills training with graduation of 112 youths
Kampala, Uganda | THE INDEPENDENT | MTN Uganda’s corporate social responsibility arm, MTN Foundation, has overseen the graduation of 112 youths in Computer Applications User Occupation, as it continues to expand digital skills among young people across the country. The third cohort of trainees under the MTN Girls in Tech …
Read More »MTN Uganda announces Shs42.5billion to UCC’s annual levy
Kampala, Uganda | THE INDEPENDENT | MTN Uganda has announced a contribution of Shs42.5 billion to the Uganda Communications Commission’s Universal Service and Access Fund, aimed at developing telecommunications services in underserved areas. This marks a significant increase from last year’s contribution of Shs 36 billion. The announcement was made on …
Read More »MTN Uganda shareholders earns a record Shs 403billion dividend
The telecom company paid Shs1.1 trillion to URA in tax revenues compared to Shs 927bn in the previous year as a contribution to the country’s fiscal and economic development goals Kampala, Uganda | THE INDEPENDENT | MTN Uganda shareholder are set to earn a record dividend of Shs 403 billion for …
Read More »MTN Uganda’s Q1 net profit jumps to Shs150.0 billion
The company remains focused on maintaining the growth momentum and ensuring EBITDA margin resilience, in line with its ambition 2025 objectives Kampala, Uganda | THE INDEPENDENT | MTN Uganda net profit for the first three months to March rose 24% to Shs150bn driven by solid growth in its voice, data and …
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