MTN Shareholders Archives – CEO East Africa

MTN Uganda Profit Rebounds as URA Tax Hit Fades: Data and Fintech Fuel Renewed Growth

Muhereza KyamuteteraCompany News The Big StoryNovember 9, 2025November 9, 2025

MTN Uganda has bounced back from the one-off impact of a UGX 110.9 billion tax settlement with Uganda Revenue Authority (URA). The telecom reported a steady rebound in profit and double-digit revenue growth in its nine-month results to September 2025. MTN posted a 2.6% rise in profit after tax to UGX 471.2 billion, but excluding the tax settlement, underlying profit surged by 26.7% to UGX 582.1 billion. “Our nine-month performance reflected our continued commercial execution and momentum in a competitive operating environment, mitigated by some benefit from the ongoing macroeconomic stability in the country,” said Sylvia Mulinge, Chief Executive Officer…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

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

Jeff WintersBanking & Financial Services The Big StoryJuly 22, 2025July 22, 2025

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…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!

Subtotal	UShs0
Shipping	UShs0
Tax	UShs0
Total	UShs0