Mobile Money Separation

MTN shareholders will today vote on a matter that has tested investor confidence and drawn due attention on one of Uganda’s most profitable companies for almost two months now.   The vote, which had been planned for July 2, is key in MTN’s plan to structurally separate mobile money from the listed stock portfolio.  However, this has not come without some pushback, especially from shareholders, who accuse the telecom of rushing a complicated process that they had very little understanding of.  From the outset, MTN remained muted about its plan to structurally separate Fintech from its stock portfolio. In fact, on…