Kampala, Uganda | THE INDEPENDENT | MTN has announced a Shs4.5bn funding for its second phase of a youth-centered initiative dubbed the MTN ACE program. MTN executives said, the announcement follows the outstanding success of the initial phase and that MTN Uganda’s corporate social responsibility arm, MTN Foundation, is the …
Read More »MTN completes listing of 20% public float
Kampala, Uganda | THE INDEPENDENT | 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 shares sold represent 7.03% of …
Read More »MTN Uganda fulfils pledge to St. Joseph’s Aid Society with computers, lavatories in ’30 Days of Y’ello Care’ Campaign
Kyankwanzi, Uganda | THE INDEPENDENT | MTN Mobile Money (U) Ltd staff, under the ’30 Days of Y’ello Care’ campaign in commemoration of MTN Group’s 30 th anniversary, on Friday exceeded their initial commitments at St. Joseph’s Aid Society, with the prevision of 20 computers equipped with a year-long paid internet …
Read More »MTN Uganda to pay record Shs 403billion dividend
The telecom company paid Shs1.1 trillion to URA in tax revenues compared to Shs 927bn in the previous year as a contribution to the country’s fiscal and economic development goals Kampala, Uganda | THE INDEPENDENT | MTN Uganda is set to pay a record dividend of Shs 403 billion to …
Read More »MTN Uganda provides beds and mattresses to St. Joseph’s Aid Society in Kyankwanzi
Kyankwanzi, Uganda | THE INDEPENDENT | MTN Uganda, under the auspices of its MTN Foundation, yesterday handed over school beds and mattresses worth sh20 million to St. Joseph’s Aid Society, a community-based organization dedicated to the welfare of vulnerable learners in Kyankwanzi District. This gesture is part of MTN Uganda’s …
Read More »MTN to support Feffe Bussi’s concert
Kampala, Uganda | THE INDEPENDENT | MTN Uganda and it fintech firm, MTN Mobile Money (U) Limited is extending support to Ugandan hip-hop sensation Feffe Bussi as he gears up to headline his maiden concert, “HipHop ku Nalubale.” This monumental event, set to take place on May.18 at Jahazi Pier in …
Read More »Safaris Director arrested over shs.326 million fraud
Kampala, Uganda | THE INDEPENDENT | The Buganda Road Chief Magistrates Court has remanded Sheenah Ndamiya the Director of Kadodi 256 Ndamiya Safaris Limited on charges of electronic fraud of more than 326.9 million shillings. Ndamiya was on Tuesday arraigned before Court presided over by Grade One Magistrate Winnie Nankya Jatiko. …
Read More »MTN boosts Heta skilling center with equipment
Jinja, Uganda | THE INDEPENDENT | MTN has provided substantial support to the Heta Community Skilling Center in Jinja city, with operational equipment, internet connectivity, and WiFi worth 20 million Shillings. The donation includes industrial sewing and embroidery machines, computers, a phone repairing machine, and a free mifi, enhancing learning opportunities …
Read More »MTN revenue, customer growth recover
Kampala, Uganda | THE INDEPENDENT | MTN Uganda reports a 16.1 percent growth in revenues to 2.63 trillion shillings for the year 2023. Most of the revenues, (1.12 trillion) still came from voice services which grew by 11.6 percent, while the fastest growing segment was revenue from the use of data. …
Read More »MTN, Huawei sign partnership
Kampala, Uganda | THE INDEPENDENT | MTN Group and Huawei signed a Memorandum of Understanding for a Joint Innovation Technology Lab, aiming to deepen cooperation in technological innovation. The signing ceremony, which was held at MWC Barcelona, Spain was attended by senior delegations from MTN and Huawei on Feb.28. This strategic …
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