Tag: MTN
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MTN appoints Ralph Mupita as new group President and CEO
MTN Group has announced that the current group Chief Financial Officer (CFO) of MTN Group, Ralph Mupita, has been appointed as the new Group President and CEO. His appointment takes effect from 1 September 2020. Ralph has served as the MTN Group CFO since April 2017 and has played a critical role in the development…
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MTN declares final dividend for 2019 at second annual general meeting
MTN Ghana has announced the payment of a final dividend of GH¢ 0.04 per share to its shareholders. The announcement was made at its second annual general meeting held on August 13, 2020, for the 2019 financial year. According to MTN, the dividend will be transferred electronically to the bank accounts or Mobile Money wallets…
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Centralised national identification system needed to address momo loan defaults – MTN advocates
Mobile Money Service provider, MTN Ghana says a centralised national identification system is crucial in addressing the challenge of nonpayment of loans collected by some of its customers. According to the company, some unscrupulous persons register more than one SIM card to take advantage of MTN’s momo service without paying their loans. Speaking at the…
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Be mindful of MoMo fraudsters – MTN urges consumers
While mobile money transactions have increased financial inclusion and made money transfers less stressful over the past years; it comes with some disadvantages as well. One of the challenges for users of the platform in Ghana these days is the phenomenon of Mobile Money fraud. The fraud is either perpetuated physically through robbery attacks on…
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MTN to sue NCA over attempts to ‘disrupt’ its market share
Telecommunications giant, MTN Ghana, has made known its intent to contest the National Communications Authority’s decision to break its monopoly after declaring the network operator as a Significant Market Power (SMP). This comes after the Ministry of Communications earlier this month directed the National Communications Authority (NCA), to enforce provisions of the Electronic Communications Act,…
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Breaking MTN’s dominance not a punishment – Telecoms Analyst
Telecoms Analyst, Patrick Boateng, says the decision by government to provide a level-playing field for all network operators and break the dominance of MTN Ghana in the telecommunications sector is not a punishment. According to him, the move is to create an equal space for all industry players and forestall negative competition. Some industry watchers…
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Breaking MTN’s dominance: CUTS Ghana urges Gov’t to tread cautiously
A Research and Public Policy think tank, CUTS Ghana, has called on the Ministry of Communications and the National Communications Authority, NCA, to ensure that measures taken to enforce the provisions of the Electronic Communications (EC) Act 2008 and the National Telecommunications Policy in addressing disparities in market and revenue share in the telecom sector,…
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We respect NCA’s regulatory mandate based on legislation and best practice – MTN
MTN Ghana says it has not received any formal notification from the National Communications Authority, NCA, on measures to check the dominance of the company in the telecommunications sector and provide a level-playing field for all network operators. This follows an earlier announcement by the Ministry of Communications instructing NCA to implement new policies within…
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Gov’t initiates moves to break MTN’s dominance in telecoms sector
The National Communications Authority is set to begin the implementation of specific measures within the telecommunications industry to provide a level-playing field for all network operators and break the dominance of MTN Ghana in the telecommunications sector. This is according to the Ministry of Communications. Government says the growing control of MTN “has impacted negatively…
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MTN to intensify social distancing measures after closure of Dansoman office
Telecommunication giant, MTN Ghana, says it is undertaking internal risk assessment to put measures in place for effective social distancing at its Dansoman Zodiac office in Accra. The Dansoman Zodiac office was closed down on Monday by the Minister of Communications, Ursula Owusu-Ekuful, following customers’ total disregard for social distancing amidst the Coronavirus outbreak in…