MTN Uganda’s Big Win: UGX 641.5B Profit and UGX 506B Dividend Payout
MTN Uganda posts UGX 641.5B profit, rewards shareholders with UGX 506B dividends, expands fintech and data users, and invests in communities.
Mulinge Sylvia M.B.S, the Chief Executive Officer at MTN Uganda has announced that MTN Uganda has delivered UGX 641.5 billion net profit in 2024.
She further announced that they are giving back UGX 506 billion in dividends to the shareholders.
With this success, we are giving back UGX 506 billion in dividends to our shareholders, while staying true to our purpose—connecting Ugandans to the benefits of a modern, connected world. We’ve grown our fintech users to 13.8 million, expanded data subscribers by 22.4% to 10.1 million, and most importantly, invested UGX 4.6 billion in community initiatives, positively impacting 6,800 lives across Uganda.
– Excerpt from the Announcement of Mulinge Sylvia M.B.S
