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MTN Group chief executive Ralph Mupita has hailed Uganda as the company’s “model operation” and confirmed that it is now MTN’s second-biggest fintech market in Africa, second only to Ghana, and well ahead of Nigeria in meaningful contribution to the Group’s digital-financial services business. Speaking to CEO East Africa Magazine’s Paul Murungi in Johannesburg, South Africa, on the sidelines of the B20 Summit, the official G20 platform for global business engagement, Mupita said Uganda’s macroeconomic stability, regulatory certainty, and forward-looking digital adoption have made the country one of MTN’s most reliable sources of fintech growth. “Uganda in many respects is…
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By David Birungi We have all seen the campaign on his Twitter (X) handle. Dr Spire, an accountability crusader, uses his now huge following on social media to hold government,…
On Tuesday, June 17, the Insurance Training College (ITC) of Uganda hosted the Insurance Industry Post-Budget Forum, to analyze the Shs72.136 trillion national budget for the 2025/2026 financial year, presented…
MTN Uganda has recorded a landmark UGX641.5 billion in net profit for 2024, reflecting a strong financial performance and a year of sustained commercial momentum. Under the leadership of Chief…
PostBank Uganda, in partnership with MTN Uganda, has launched “Wendi,” an innovative mobile wallet platform designed to support the government of Uganda in the seamless disbursement of PDM (Parish Development Model) funds. Wendi is an electronic payments platform powered by PostBank that strategically pivots on group savings and funds management, digital money savings, transfers, deposits, and withdrawals, to drive financial inclusion within unbanked Ugandan communities. The news comes, a few days after the bank was granted a licence by the Bank of Uganda under the National Payment Systems Act, 2020 to provide Payment Service – Class A, specifically as a…
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MTN Mobile Money Uganda Limited, the wholly owned mobile money subsidiary of MTN Uganda, has picked Richard Yego as its first substantive Managing Director, CEO East Africa Magazine can exclusively reveal. According to impeccable sources, Richard, a Ugandan Executive with 16+ years’ experience in banking and digital financial services— six in banking and over 10 years in digital financial services has already put pen to paper on his lucrative contract and is set to start work this or next month. MTN Mobile Money Uganda was spun off MTN Uganda, the largest telecom company in a regulatory sanctioned move, following the…
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