How do you rate Uganda’s performance with MTN’s continental portfolio, both in digital adoption but also returns, compared to other African markets? Yes, as MTN, we are operating in 16…
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,…
A milestone moment for African connectivity MTN Group has cemented its position as Africa’s leading telecommunications company, officially becoming the first African-headquartered telco to surpass 300 million subscribers. The milestone…
The structural separation of MTN MoMo Uganda, a move that will see the country’s largest mobile money business operate as an independent, Bank of Uganda–licensed fintech company is gathering significant…
Uganda’s biggest Fintech, MTN Mobile Money (MoMo), is moving out of the family home. Long treated as just another product line within the telecom’s machinery, MoMo is being carved out…
Until 2007, mobile phone subscribers had largely known voice and short message texting needs. In fact, for a long time, the mobile phone had no major use apart from making…
Philip Besimire is the CEO, Vodacom Tanzania, a role he has held since October 2022. In his own words, he is committed to “Meeting the needs of my employees, customers,…
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By 2005, Uganda’s telecom sector had firmly matured. With a compound annual growth rate of above 15%, it had set the stage rolling to overtake banking as one of the…
In the Ugandan business world, a few people epitomize Warren Buffett’s timeless advice like Charles Mbire, a quietly dominant billionaire, cofounder and Board Chairman of MTN Uganda. In 2024 alone,…
In May 2021, Bank of Uganda issued two licenses to Airtel Mobile Commerce and MTN Mobile Money to conduct various money transfer and payment services. The licenses were partly intended…
