Marion Angom Archives – CEO East Africa

3 years after being spun off the parent company, MTN Mobile Money is emerging into Uganda’s largest fintech

Muhereza KyamuteteraCEO Perspectives News & Analysis The Big StoryJune 4, 2024June 4, 2024

Ahead of the fintech’s 3rd anniversary, CEO East Africa Magazine’s Executive Editor, Muhereza Kyamutetera, spoke to Richard Yego as well as Jemima Kariuki-Njuguna, the Chief Product Officer; Stephen Mutana, the Chief of Strategy and Stakeholder Management, Sarah Bateta Okwi the Chief Financial Officer and Alex Wekoye, the Chief Commercial Officer, about the unstoppable omnipresent platform of platforms that MTN MoMo is becoming. As mentioned above, 2023 marks the second full year of MTN MoMo’s existence as a standalone fintech as well as two years since you joined the company as its first substantive CEO. Can you share an overview of…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

MEGA TRANSACTIONS WOMAN: Have you met Gertrude Wamala Karugaba, the lawyer behind some of corporate Uganda’s largest deals?

CEO ReporterThe Big StoryDecember 21, 2021December 22, 2021

On December 6th, 2021, MTN Uganda Limited listed and commenced trading of its 22.4 billion ordinary shares on the Uganda Securities Exchange (USE). This was after the listing receiving the requisite approvals from the regulator, Capital Markets Authority (CMA) and the USE. The MTN share sale is to date Uganda’s largest initial public offering raising a record UGX535 billion from applications for 2.9 billion shares (including incentive shares). Following the IPO, MTN Group’s holding in Uganda’s largest telecom operator reduced to 83.05%. Perhaps most importantly, and in line with the objective for listing, Ugandans and Ugandan entities own 15% of the…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subtotal	UShs0
Shipping	UShs0
Tax	UShs0
Total	UShs0