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MTN MoMo- Page 2

Exhilarating. That’s how Jemima Kariuki sums up her two-year journey at MTN MoMo. As Chief Product Officer, she’s championed hyper-personalized, insight-led solutions that meet people where they are—from rural markets to digital storefronts—always guided by a bigger purpose: to unlock inclusive economic growth through tech-enabled financial services.

Q&A: MTN MoMo’s Jemima Kariuki Speaks About The Fintech’s Transformative Products, Customer-centric Innovations And A Future Full Of Many Possibilities

In this exclusive interview, Muhereza Kyamutetera, Executive Editor of CEO East Africa Magazine, sits down with Jemima to explore her journey at MTN MoMo, the key milestones she has achieved, and the
March 31, 2025
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Some of the over 300 MTN Uganda vendors who attended MTN Uganda's 2024 Supplier Forum in August 2024. The forum, organised under the theme "Building Tomorrow’s Supply Chain Today," emphasised innovation, resilience, and collaboration. MTN Uganda currently works with 1,886 suppliers, of which 63% are locally registered and 11% are women-owned. Key highlights of the forum included strategic financial partnerships with Citi Bank, dfcu Bank, and HCH Finance for affordable supplier financing and discussions on leveraging technology such as IoT, cloud services, and MTN MoMo financial products to enhance supply chain efficiency. In 2024, the company spent a total of UGX 980.2 billion on local suppliers, representing a 21.8% increase over the previous year. This localised procurement strategy stimulates multiple sectors—from construction and logistics to IT and advertising—ensuring that MTN’s capital circulates within the national economy.

Powering Shared Prosperity: How MTN’s Growth is Connecting Ugandans to More Opportunity, Inclusion, and Growth

In 2024, MTN Uganda delivered more than just record-breaking financial results—it delivered measurable national impact. With UGX 641.5 billion in net profit, UGX 1.3 trillion in total tax contributions, and UGX 418.0
March 27, 2025
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The MTN MoMo Exco team,(clockwise from the top): Richard Yego, Managing Director; Jemima Kariuki, Chief Products Officer; Stephen Mutana, Chief of Strategy and Stakeholder Management; Sarah Bateta Okwi, Chief Financial Officer; Albert Gitta, Chief of Information Technology; Alex Wekoye, Chief Commercial Officer; Israel Mayengo, Head of Risk and Compliance; Stephen Wakhula, Head Internal Audit; William Senfuma, Head of Business Intelligence; Peter Ochen, General Manager, Financial Operations; Joachim Masagazi, Head of Human Resources and Sheila Kawooya, Head of Corporate Services.

PROFILES⎮ Meet MTN MoMo’s fluent-in-fintech dozen leading the search for Mo shared growth

Of this, MTN Mobile Money (U) Limited (MTN MoMo) the fintech subsidiary of MTN Uganda, Uganda’s largest telco commanded a lofty market share of 12.36 million active customers (56% market share). MTN
July 11, 2024
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Left-Right: MTN MoMo senior executives⏤ Richard Yego, the Managing Director; 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.

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

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
June 4, 2024
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Left-Right: MTN Uganda CFO, Andrew Bugembe; Sylvia Mulinge, the CEO and Richard Yego the Managing Director & CEO at MTN Mobile Money Uganda Ltd at a press conference to release the telco's results last week.

Taking a few bets on a few big things⏤ How Sylvia Mulinge got MTN back on an accelerated growth path

On Tuesday 4th October 2022 in a press conference to introduce Sylvia Mulinge, as MTN Uganda’s new Chief Executive Officer, Charles Mbiire, the MTN Uganda Board Chairman and 3rd largest shareholder assured
March 12, 2024
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Left-Right: Bank of Uganda Deputy Governor, Dr. Michael Atingi-Ego; PostBank Managing Director, Kakeeto Julius and PostBank Chief Executive Director and Chief Digital Financial Services Officer, Andrew Kabeera at the November 2023 launch of Wendi. Wendi has been hailed as a key enabler of financial inclusion.

PostBank’s Wendi hits UGX200 bn in payments to over 200,000 PDM beneficiaries

In just four months after its launch, PostBank Uganda’s digital wallet, Wendi has hit a record UGX200 billion in payments to over 200,000 Parish Development Model (PDM) beneficiaries countrywide. According to statistics
February 24, 2024
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