MTN Uganda has released impressive financial results for the first half of 2025, showcasing not only strong business performance but also its substantial contribution to Uganda’s economic growth. The company reported a 13.3% increase in total revenue to Shs 1.7…
In a landmark decision set to redefine Uganda’s digital and financial landscape, shareholders of MTN Uganda led by Charles Mbire, overwhelmingly approved the structural separation of MTN Mobile Money (U) Limited (MoMo) from MTN Telecom. This strategic move, unveiled at…
The announcement was made alongside the release of the 2025 edition of the Brand Africa 100 rankings, an annual, independently conducted survey spanning more than 30 African countries and representing more than 85% of the continent’s population and GDP. “It…
MTN Uganda’s sale of shares left over from its 2021 Initial Public Offering was oversubscribed by almost 100%, the telecom executives said on June 13. The company received applications for 3 billion shares against 1.6 billion shares on offer, The…
MTN Uganda’s new Chief Executive Officer, Ms. Sylvia Mulinge has assumed office following the exit of former CEO, Wim Vanhelleputte, who was promoted to a regional executive role responsible for MTN Group’s West African markets. Ms. Mulinge whose tenure in…
Uganda’s Stock market on Monday witnessed some trading activities which saw businessman Charles Mbire bolster his stake at MTN by acquiring additional 2,263,930 shares at a total cost of Shs 459,907,621.00 on the securities exchange. This is the second purchase…
Charles Mbire has acquired a huge stake into Bank of Baroda through a single purchase of shares worth over Shs 2 billions. This comes after the bank informed its shareholders that it will pay the final dividend for the year…