Tag: MTN Ghana
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Jumia Partners MTN for 2019 iFest Roll-Out
Jumia Ghana, the leader in e-commerce in Ghana, has partnered MTN, the leading telecommunication services provider in Ghana in the roll-out of this year’s iFest, a month-long educational campaign on the relevance of internet in everyday lives. Under the theme: “Experience MTN 4G+”, the 2019 iFest which also features Data Clinics, a nation-wide tour of…
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MTN Ghana decries rampant fibre cuts
MTN Ghana says it is ready to play its part in bringing an end to the damaging phenomena of fibre cuts in the telecommunication industry. “On the issue of fibre cuts, we have seen an increase in the country and about 80 percent of the cuts are due to road construction works. The drastic rise…
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SSNIT receives GH¢ 9.9 million as dividend from MTN Ghana
MTN Ghana, a day after its maiden Annual General Meeting, has paid out a total dividend of over GH¢9.9 million to its third largest shareholder the Social Security and National Insurance Trust (SSNIT). This follows approval of a final dividend of 3 pesewas per share by shareholders of MTN at the AGM yesterday (May 14,…
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MTN rakes GHS710 million in MoMo cash out fees, commission etc
MTN recorded more than GHS710 million in revenue from its mobile money operations in 2018, an increase of more than 60 percent year-on-year, according to information contained in the company’s 2018 Annual Report. The strong performance in revenue translated into mobile money contributing 17.7 percent of the group’s total revenue which stood at GHS4 billion.…
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MTN Ghana targets another 4G spectrum to boost operations
MTN Ghana has indicated that it is seeking to purchase the remaining 4G spectrum on offer by the National Communications Authority (NCA). The company said the move should improve its quality of service delivery and expand its network operations. MTN was initially excluded from purchasing any of the three (2 x 5) megahertz spectrums that…
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MTN Board Chair wants improved economic performance
The Board Chair of MTN, Ishmael Yamson, is backing the performance of the share price of the largest telecoms operator to bounce back having recorded a decline of about eight percent in the year-to-day value from 75 to 69 pesewas. His assurances came after shareholders at the company’s AGM demanded the company improves its performance.…
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MTN to pay about GHS370 million in dividends to shareholders
Shareholders of MTN Ghana are to receive three pesewas per share in dividends from the telecom company. The decision was taken by the directors of the company upon the publication of its financial statement for 2018. However, the stock price of MTN has witnessed a drop of 6.67 percent, for the eight months of trading…
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Former CEO of MTN appointed as independent non-executive director by Stanchart Bank
Former CEO of MTN Ghana, Mr. Ebenezer Twum Asante has been appointed by Standard Chartered Bank Ghana, as an Independent Non-Executive Director of the Bank effective 2nd May, 2019. Mr. Ebenezer Twum Asante has over fifteen years progressive and diversified experience in leadership as an accomplished Senior Executive and Strategic Leader. He was appointed Vice…
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Selorm Adadevoh is MTN Ghana new CEO
MTN has appointed Mr. Selorm Adadevoh as the new Chief Executive Officer (CEO) of MTN Ghana. He takes over from Ebenezer Asante who is now the Vice President of the MTN Group. Mr. Adadevoh’s appointment is to take effect on Wednesday, June 20, 2018. Prior to his appointment, Mr. Adadevor was the CEO of Digicel…
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Big shots at MTN bow out
At least three executive positions at MTN Ghana have been left vacant following the exit of two executives and the promotion of one. The positions that are vacant are that of the Chief Executive Officer, Corporate Services Executive as well as the Chief Marketing Officer. The positions were previously occupied by Mr. Ebenezer Asante, Madam…