When MTN Uganda set in motion the structural separation of its mobile money business into a fully independent, Bank of Uganda–licensed fintech company, it was clear this would be one of the most complex corporate reorganisations in Uganda’s financial services sector in recent years. It required legal counsel with a proven track record in high-value, high-stakes transactions and MTN turned to Paul Mbuga, Partner at S&L Advocates (a member of DLA Piper Africa). Mbuga, a seasoned commercial and infrastructure lawyer, is currently advising the MTN Uganda team on every stage of the process. The separation, part of a wider MTN…
Meet Paul Mbuga, the Corporate & Commercial Lawyer Advising MTN on Its Fintech Separation Respected for his precision in high-value corporate transactions, Paul Mbuga has become a go-to legal mind for Uganda’s top corporates. From landmark IPOs to billion-shilling restructurings, his portfolio spans telecoms, banking, energy, and capital markets — with his latest high-profile brief being MTN Uganda’s complex fintech separation.

Paul Mbuga, Partner at S&L Advocates, one of Uganda’s leading corporate and commercial lawyers, renowned for advising on high-value transactions and complex corporate restructurings — the most recent being the MTN Uganda fintech separation. A trusted legal counsel to MTN on multiple landmark deals, Mbuga is no stranger to the telecom giant’s boardroom and deal room.



