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TodaySunday, May 03, 2026

MTN New FinCo

MTN Group Fintech and MTN Uganda officials pose for a photo with Dr. Michael Atingi-Ego, Governor of the Bank of Uganda, following a high-level meeting on the future of MoMo Uganda as a standalone fintech entity. The engagement underscored shared commitment to advancing financial inclusion and strengthening Uganda’s fintech ecosystem in the wake of the recently approved structural separation.

MTN MoMo Uganda Separation Gains Momentum with High-Level Stakeholder Engagements

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 momentum. Following
September 6, 2025
A photo collage of MTN Uganda Board Chairperson, Dr. Charles Mbire, CEO Sylvia Mulinge, and MTN Uganda Mobile Money M.D, Richard Yego, MTN Company Secretary, Enid Edroma and CFO Andrew Bugembe. MTN shareholders vote today on separating its mobile money unit amid investor concerns, delays, and transparency issues. Will the deal finally pass?

After Some Pushback, Will MTN Shareholders Today Approve Separation of Mobile Money? 

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
July 22, 2025
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A photo collage of MTN Group CEO, Ralph Mupita, MTN Uganda CEO, Sylvia Mulinge, MTN Mobile Money CEO, Richard Yego, MTN Company Secretary, Enid Edroma and MTN CFO, Andrew Bugembe.

MTN Uganda Begins Gradual Separation of Mobile Money Business to Attract Fintech Investors

MTN Uganda has officially announced a landmark proposal to structurally separate its mobile money and fintech operations from the core telecommunications business, a move set to redefine the company’s financial services footprint
June 11, 2025

 

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