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Tag Archives: mtn

Team set up to probe hacking of bank, telecom systems

Kampala, Uganda | THE INDEPENDENT | The Director of Criminal Investigations Directorate Grace Akullo has set up a team to investigate the alleged hacking into the electronic systems of a bank and two telecom companies. The hackers allegedly accessed systems of Pegasus technologies that manage electronic transactions of telecom companies …

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MTN appoints new CEO

  Johannesburg | THE INDEPENDENT | Chief Financial Officer of MTN Group Ralph Mupita will on September 1 take over from Rob Shuter as president and CEO. “After a rigorous and extensive search process, we are pleased to have appointed someone of Ralph’s calibre, experience and ability to fill the group president …

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MTN Uganda registers Shs442bn net profit

The company executives say focus on digitization will drive growth of business going forward Kampala, Uganda | JULIUS BUSINGE | MTN Uganda has reported a 9.1% increase in net profit to Shs442.6billion for the first six months of 2020. According to company’s latest interim results, the performance was driven by …

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MTN ordered to pay UGX 44.2b to URA in two court cases

Kampala, Uganda |  THE INDEPENDENT |  Telecommunications giant MTN Uganda has been ordered to pay Uganda Revenue Authority – URA- 44.2 billion Uganda Shillings in two separate court cases that could forever define how telecoms pay their taxes. In one case, MTN will pay 24.2 billion  Shillings on the dispute on …

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MTN CEO to step down

  Johannesburg. South Africa | THE INDEPENDENT | MTN Group’s president and CEO Rob Shuter will step down in March 2021 at the end of his contract, the company confirmed Wednesday, as it released its financial results  for year ended 31 December 2019. “CEO Rob Shuter will be stepping down from …

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MTN announces $1.6bn Nigeria investment

Abuja, Nigeria | AFP |  South African mobile giant MTN has said it will make investments worth $1.6 billion (1.45 billion euros) in Nigeria as it seeks to put a series of legal wrangles to bed. The telecommunications firm said late Wednesday that its top executives made the announcement during …

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UCC finds poor signal responsible for most network failures

  Kampala, Uganda | THE INDEPENDENT | Uganda Communications Commission has found that poor signal quality was the biggest contributor to network failures among telecom companies in the country. The communications sector regulator carried out the quality of services survey between September 2019 and November 2019 and found that MTN …

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