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TodayFriday, May 15, 2026

Shareholder Value

Charles Mbire (left) and NSSF Managing Director Patrick Ayota (right) pictured with the MTN Uganda logo as MTN shares rally and NSSF’s stake surpasses UGX 1 trillion.
Charles Mbire (left) and NSSF Managing Director Patrick Ayota (right), whose MTN Uganda shareholdings have surged in value as the telecom’s stock rally pushed NSSF’s stake past UGX 1 trillion.

NSSF stake in MTN Uganda hits UGX1 trillion

MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by UGX116
February 9, 2026
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Claver Serumaga, Managing Director of NCBA Bank Tanzania, has led the bank’s turnaround with a focus on credit discipline, digital innovation, and operational efficiency—positioning the institution for sustainable growth and resilience.

Claver Serumaga Continues Turnaround of NCBA Tanzania; Net Profit Grows 26% to TZS 25.5 bn

In 2024, NCBA Bank Tanzania posted its highest-ever net profit, closing the year with TZS 25.5 billion in after-tax earnings, a 26% increase from the previous year. The bank’s profit before tax
April 15, 2025
Delivering Value Across the Board – MTN Uganda CEO Sylvia Mulinge stands at the helm of a transformative year, driving UGX 641.5 billion in net profit, rewarding shareholders with UGX 506 billion in dividends, expanding digital access for customers, and investing UGX 4.6 billion in community impact initiatives.

MTN Uganda’s Sylvia Mulinge delivers a landmark UGX641.5 bn in 2024 net profit, underpinned by all-around stakeholder value 

MTN Uganda has recorded a landmark UGX641.5 billion in net profit for 2024, reflecting a strong financial performance and a year of sustained commercial momentum. Under the leadership of Chief Executive Officer
March 6, 2025
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