Despite UGX 110.9 billion Tax Settlement, MTN Uganda Posts Double-Digit Growth and Record Margins in H1 2025 One-off payment to URA cuts reported profit by 9.7%, but adjusted earnings climb 27.8% as data and fintech fuel a 13.3% surge in service revenue, keeping MTN on course to meet its 2025 targets and deliver growth and value to shareholders.

MTN Uganda has reported strong first-half 2025 results, delivering resilient growth and improved profitability metrics despite regulatory challenges and a one-off UGX 110.9 billion tax settlement with the Uganda Revenue Authority (URA). CEO’s Perspective: “Strong execution in a challenging operating environment” Commenting on the results released this morning, Chief Executive Officer Sylvia Mulinge noted: “MTN Uganda’s first half results reflect the solid momentum in our key commercial and financial metrics. This outcome was achieved against a challenging operating context characterised by changes in mobile termination rate (MTR) regulations, which impacted our voice revenue; as well as the settlement of a…