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TodayTuesday, April 28, 2026

MoMo

Driving MTN Uganda’s record-breaking year: Richard Yego (CEO, MTN MoMo), Sylvia Mulinge (CEO, MTN Uganda), and Andrew Bugembe (CFO, MTN Uganda) led the charge behind UGX 641.5 billion in profit and UGX 506 billion in shareholder dividends. Yet, looming over this strong performance is a strategic pivot that has analysts sounding the alarm: the planned spin-off of its fintech arm—MoMo—could significantly alter the company’s growth trajectory and valuation dynamics.

MTN Uganda’s Record Profits Face Uncertain Future Amid Fintech Spin-Off

MTN in 2024 delivered yet another solid year, cementing its place as Uganda’s most profitable and actively traded listed company. With double-digit revenue growth and record earnings, the telecom giant showcased operational
June 24, 2025
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The 3 lucky winners of the Mo Money with MoKash campaign along side the CEO of NCBA, Mark Muyobo and the MoMo Product Officer Jemimah Kaiyuki

NCBA, MTN-MoMo give UGX 65 million in Mo Money with MoKash campaign

NCBA’s Mo Money with MoKash campaign has reached a thrilling end with grand prizes awarded to three lucky winners, at the bank’s head offices in Kampala. Each of the three winners bagged
September 9, 2024
• The three in one business solution is part of MTN Uganda’s wider scheme to consolidate its efforts at supporting the business community in Uganda. Courtesy photo

MTN Uganda unveils 3-in-1 business solution for enterprise customers

MTN Uganda under its enterprise arm of MTN Business has launched a first of its kind 3-in-1 offer for businesses in Uganda. The offer is designed to help businesses get more out
October 29, 2020

 

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