MTN Group is a major telecommunications provider in Africa, known for its mobile network services and innovative partnerships to enhance connectivity.
MTN Uganda secures shareholder approval to separate from fintech arm
MTN Uganda secured shareholder approval for the spin-off of its fintech operations on July 22, 2025. The spin-off aligns with MTN Group's strategy to unlock value from its fintech business across Africa.
MTN Uganda to Spin Off Fintech Arm, Eyes Separate Listing in 3–5 Years
MTN Uganda's shareholders approved the separation of its fintech division from the core telecom business. The new fintech entity is set to be listed on the Uganda Securities Exchange within three to five years.
After nine years, MTN’s BEE scheme, Zakhele Futhi to deliver payouts to investors
MTNZF will distribute returns to shareholders starting July 28, 2025. Shareholders will receive R20 per share, with additional gains of R2 to R3 expected later.
Vodacom International Gets new CEO, Mohamed Abdallah
Mohamed Abdallah has been appointed as the new CEO of Vodacom's International Markets and Vodafone Egypt, effective June 3, 2025. Abdallah has been with Vodafone Egypt since 1998 and has held various leadership roles.
Airtel Africa defies devaluations, posts $328M profit in FY ’25
Airtel Africa reported a profit of $328 million for the full year ended March 31, 2025. The company experienced a slight revenue dip of 0.5% to $4.95 billion due to currency devaluations.
