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Tag Archives: mtn

MTN to pay Shs 147.8bn as interim dividend

The company’s service revenue surged by 20.4% to Shs 1.5 trillion, supported by an increase in mobile subscriber numbers, which now stand at 20.7 million. Kampala, Uganda | THE INDEPENDENT | MTN Uganda is set to pay shareholders an interim dividend of Shs 6.6 per share, amounting to Shs 147.8 billion, …

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MTN aids health facility in Luuka district

Kampala, Uganda | THE INDEPENDENT | MTN Uganda, through its philanthropic arm, MTN Foundation, has reaffirmed its commitment to improving healthcare access in Uganda with a significant donation valued at more than Shs58.3 million to Nawansega Health Centre III in Luuka District. The donation includes essential medical equipment such as a …

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MTN Uganda partners with Microsoft

Kampala, Uganda | THE INDEPENDENT | MTN Uganda has announced the formalization of its strategic partnership with Microsoft, aiming to accelerate digital and cloud transformation across Uganda. This partnership marks a signifcant milestone in MTN’s Ambition 2025 strategy to transition from a telecommunications company to a leading technology company, delivering …

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NSSF reaps big from MTN, surpasses 2023/2024 targets

Kampala, Uganda | THE INDEPENDENT | The National Social Security (NSSF) says it ended the financial year 2023/2024 on a good note, having surpassed their set targets. The Fund’s Managing Director, Patrick Ayota said a preliminary analysis shows that performance on the key indicators will surpass annual targets. “We have …

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MTN ACE program phase 2 to receive Shs4.5bn

Kampala, Uganda | THE INDEPENDENT | MTN has announced a Shs4.5bn funding for its second phase of a youth-centered initiative dubbed the MTN ACE program. MTN executives said, the announcement follows the outstanding success of the initial phase and that MTN Uganda’s corporate social responsibility arm, MTN Foundation, is the …

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MTN completes listing of 20% public float

Kampala, Uganda |  THE INDEPENDENT | MTN Uganda’s sale of shares left over from its 2021 Initial Public Offering was oversubscribed by almost 100%, the telecom executives said on June 13. The company received applications for 3 billion shares against 1.6 billion shares on offer, The shares sold represent 7.03% of …

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