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MTN Uganda Shareholders Approve Mobile Money Separation from Main Telco Business

The MTN Uganda Board and Shareholders sat today for the Extraordinary General Meeting to approve the spin-off of the Mobile Money Unit from the main telco business.

MTN Uganda’s shareholders have given the green light to a major corporate restructuring that will formally separate the company’s high-performing mobile money business, MTN MoMo, from its core telecom operations….

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Tagged: Capital Markets Authority Uganda Mobile money growth Africa Mobile money regulation Uganda Mobile Money Uganda MTN fintech spinoff MTN Group Ambition 2025 MTN MoMo MTN shareholder resolution MTN Uganda Telecom restructuring Uganda fintech news Uganda Securities Exchange listing

About the Author

Paul Murungi

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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