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MTN harvests sh2.5trn in profits from Ugandans as poverty bites

MTN Uganda has reported a 16.1 percent growth in revenues to shs2.63 trillion 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. It maintained its position as the fastest-growing segment at 21.6

MTN MoMo Showcases Innovative Loans and Savings Marketplace

MTN MoMo Showcases Innovative Loans, Savings Marketplace, Revolutionizing Financial Accessibility for Ugandans

MTN MoMo, a leading mobile financial service provider, has proudly showcased its groundbreaking MoMo loans and savings marketplace. This platform consolidates all savings and loan products associated with MTN MoMo, providing customers unparalleled convenience, flexibility, and accessibility to financial credit options. Understanding the multifaceted financial requirements of our customer base, the 'Wesotinge with MTN MoMo'

MTN MoMo Hackathon: Kabokisi App revolutionizing community savings

Informal sector dominate mobile money payments

While 80 percent of mobile pay transactions are done by users in the informal sector, they only contribute 20 percent of transacted value