Wim Vanhellepute Archives – CEO East Africa

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Wim, the ex-MTN Uganda CEO who quadrupled profits in 6 years, appointed Safaricom Ethiopia CEO

Muhereza KyamuteteraC-Suite Leadership Company News The Big StoryJune 28, 2023July 1, 2023

Hardly a year into his new role as Operating Executive for the MTN Group’s WECA Markets of Liberia, Guinea-Conakry, Guinea-Bissau, and Congo-Brazzaville, Wim Vanhellepute, has been picked by Safaricom Plc, to head its Ethiopian unit⏤ Safaricom Telecommunications Ethiopia Plc. The Ethiopian unit is owned by Safaricom Plc, Vodafone Group, Vodacom Group, Sumitomo Corporation and British International Investment (formerly known as CDC Group) and was licensed on 9 July 2021. According to an official announcement by Safaricom Group on its social channels, Wim will replace Anwar Soussa as CEO, effective 1st September 2023. It is not clear why Anwar, Safaricom…

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Great execution, under tough times― MTN Uganda’s major shareholder, NSSF and other financial analysts weigh in on 2021 results

Muhereza KyamuteteraCompany News The Big StoryMarch 8, 2022March 8, 2022

Uganda’s National Social Security Fund (NSSF), MTN Uganda’s second-largest shareholder has welcomed the just-released 2021 MTN Uganda results as impressive and said that the declared dividend is timely. In an online interview with CEO East Africa Magazine, Richard Byarugaba, the Managing Director of NSSF said: “Impressive subscriber growth (mobile subscribers – 10.7% to 15.7M), and double-digit growth in key segments (data and mobile money) coupled with operational efficiencies contributed towards a 14% growth in operating earnings. The dividend declared and due for approval and payment is a plus for investors given the challenging times.” With 8.84% shares, NSSF is MTN…

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Hackers break into mobile money system, make off with unspecified billions belonging to Airtel, MTN, Stanbic, and other financial institutions

Muhereza KyamuteteraBanking & Financial Services The Big StoryOctober 5, 2020October 5, 2020

Unidentified hackers broke into the systems of Pegasus Technologies, a company that integrates mobile money transactions between telcos, banks, and other local, regional, and international money transfer services, making off with a yet to be known sum, but said to be in billions of Shillings. The most affected firms are the leading telcos, Airtel and MTN Uganda, as well as Stanbic Bank, Uganda’s largest bank that also backs up most of the mobile money transactions. In a joint statement released today, 5th October 2020, Anne Juuko, Wim Vanhelleputte, and VG Somasekhar, the CEOs of Stanbic Bank Uganda, MTN Uganda, and…

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USD100 million for 12 years: UCC extends MTN Uganda’s License

URNThe Big StoryJuly 10, 2020July 11, 2020

After fulfilling all requirements for the extension of the Second National Operator License Agreement, MTN Uganda has been granted an extension of 12 years by the Uganda Communications Commission (UCC), effective July 1, 2020. In a statement, the Commission says: “Having conducted a performance assessment of MTN Uganda operations over the last 20 years, the Commission came to the conclusion that MTN Uganda has substantially complied with its financial and legal obligations, as well as most of the technical obligations. “Accordingly, the Government, through the Commission, and MTN Uganda, have been engaged in discussions over a license extension, which culminated…

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INTERVIEW: Uganda has trusted us and we want to remain a trustworthy partner; it’s the right thing and the right time — MTN’s Wim

Muhereza KyamuteteraTechnology & Innovation The Big StoryJune 22, 2020June 22, 2020

It is now 4 years since you assumed the leadership of MTN Uganda. What would you say have been the key highlights in these four years- your key achievements? Indeed on August 1st,2020, it will be four years since I joined MTN. In the last four years, there have been quite many achievements, but I can pick a few as enumerated here below: We, together with ZTE our partners, test-launched our 5G network for the first time in East Africa on January 1st, 2020. It was not the exact commercial launch yet, but I hope maybe in 2021 we will…

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