MTN Uganda has reappointed Ms. Karabo Nondumo and Dr. Winnie Tarinyebwa Kiryabwire as Non-Executive Directors, demonstrating the company’s commitment to maintaining strong leadership and governance.
This move is expected to further enhance MTN Uganda’s competitive advantage and market leadership in the telecommunications industry.
News of Tarinyebwa and Nondumo’s reelection was made public in a statement issued today by Enid Edroma, the Company Secretary, in which she also revealed that shareholders are to receive UGX190.3 billion in dividends.
Edroma’s statement read in part thus: “MTN Uganda Limited hereby informs its shareholders and the general public that at the hybrid general meeting of the Company held on Friday, May 16, 2025, the following resolutions were passed;
Receipt and adoption of the audited accounts for the year ended 31 December 2024, together with the reports of the directors and auditors thereon.
Declaration an approval of a final dividend of UGX 8.5 per share (UGX109.3 billion for the year ended 31 December 2024.
Reelection of Ms. Karabo Nondumo and Dr. Winnie Tarinyebwa Kiryabwire as directors of the company.
Appointment of Ernst & Young Uganda as the external auditor of the Company for the audit relating to the financial year ending 31 December 2025, and authorisation of the directors to fix the auditor’s remuneration….”
Competitive Advantage
The reappointment of Nondumo and Tarinyebwa brings significant benefits to MTN Uganda, including:
Expertise
Both directors bring extensive experience and expertise in their respective fields, with Nondumo having a strong background in industrials, telecom, financial, and mining sectors, and Tarinyebwa having expertise in corporate law, banking, and corporate governance.
Strategic Guidance
Their reappointment will provide strategic guidance and oversight, enabling MTN Uganda to navigate the complex telecommunications landscape and make informed decisions.
Governance
The reelection of these directors will also ensure that MTN Uganda maintains high standards of governance, which is essential for building trust with stakeholders and driving long-term growth.
Market Leadership
MTN Uganda’s decision to reappoint Nondumo and Tarinyebwa demonstrates its commitment to market leadership and the desire to stay ahead of the competition. With a strong leadership team in place, the company is well-positioned to:
Drive Innovation
MTN Uganda can leverage the expertise of its directors to drive innovation and stay ahead of the curve in the rapidly evolving telecommunications industry.
Expand Services
The company can also use the guidance of its directors to identify new opportunities for growth and expansion, both in Uganda and beyond.
Deliver Value
By maintaining high standards of governance and leadership, MTN Uganda can deliver value to its shareholders and stakeholders, including the recently declared dividend of UGX 8.5 per share.
The reelection of Nondumo and Dr. Tarinyebwa as Non-Executive Directors is thus a significant development for MTN Uganda.
With their expertise and guidance, the company is well-positioned to maintain its market leadership and drive growth in the telecommunications industry.