MTN Seeks to Separate Mobile Money Business From Listed Company

MTN seeks to separate mobile money business from listed company

MTC regains commercial momentum – News Stand

Chamwe Kaira Mobile Telecommunications Limited (MTC) is showing signs of commercial recovery, supported by rising revenue, growing subscriber numbers, and solid performance in the enterprise segment, according to Simonis Storm Securities. In its interim results, MTC reported a strong first-half performance for 2025, driven by improved product delivery, subscriber growth, and revenue uplift across its portfolio.  The company posted a profit of N$…

MTN MoMo to Break Away from MTN Uganda

MTN Uganda has unveiled plans to spin off MTN Mobile Money (MoMo) into a separate, standalone company. The move is to separate telecom and financial services The post MTN MoMo to Break Away from MTN Uganda appeared first on Kampala Edge Times™.

MTN Uganda Fast-Tracks Mobile Money Spin-Off Ahead of July Vote

MTN Uganda is moving quickly to separate its mobile money arm, MTN Mobile Money Uganda Limited (MTN MoMo), from its core telecom business. The move follows Uganda’s National Payment Systems Act 2020 and aligns with MTN Group’s broader fintech strategy. Why it matters The spin-off is part of MTN Group’s effort to unlock value in […] The post MTN Uganda Fast-Tracks Mobile Money Spin-Off Ahead of July Vote appeared first on Tech Labari.

MTN Uganda Moves to Establish Independent Fintech Arm, Seeks Shareholder Approval - Tech

MTN Uganda is proceeding with the structural separation of its mobile money business, MTN MoMo, from its core telecommunications operations.  This is primarily in response to Uganda’s National Payment Systems Act 2020 and is an important part of the MTN Group’s strategy to enhance value from its fast-expanding financial technology services. The National Payment Systems Act 2020 explicitly requires mobile money operators to establish distinct leg…