AGM - MTN Uganda (2024)

FAQs

Who is the general manager of MTN Uganda? ›

Juliet Kakayi Nsubuga - General Manager Wholesale and Carrier Services - MTN | LinkedIn.

Can I withdraw money from MoMo Advance? No, you cannot withdraw funds from MoMo Advance.

The Price of 1 share is UGX 200. Any Ugandan can apply to buy shares for as low as UGX 100,000. Minimum number of shares per application is 500.

Now that you have an SCD account, you are able to buy or sell shares in any of the companies listed on the Uganda's stock market by contacting your licenced stockbroker. Who is a stockbroker? A broker is a professional licensed by the Capital Markets Authority to buy and sell shares on behalf of investors.

MTN Group

MTN International (Mauritius...

Sylvia Mulinge has assumed office following the exit of former CEO, Wim Vanhelleputte, who was promoted to a regional executive role responsible for MTN Group's West African markets. Ms.

Below are some reasons why you may not qualify: If you have an outstanding loan balance. How long you have been on the MTN network as well as your MTN Mobile Money and Airtime usage. Late payment of previous loan requests.

You can access a loan between UGX 3,000 and up to UGX 1,000,000 depending on your loan limit with a 9% facilitation fee. Loan is deposited directly to the customers MTN Mobile Money account. To get a loan dial *165*5#, select MoKash, then Loans and follow the steps. Remember to check your Loan Limit.

MTN XtraCash is a service that allows eligible customers access short-term Micro Credit loans via a USSD platform from their mobile phones. Eligible customers can request for XtraCash by dialing the USSD code *606# and select XtraCash on the menu.

Current dividend yield vs market & industry

High Dividend: MTNU's dividend (9.64%) is low compared to the top 25% of dividend payers in the UG market (12.88%).

Why is MTN Uganda share price dropping? ›

Its Uganda share price has plunged to a 10 percent low, devaluing the company by more than $134.45 million. Uganda capital market players attribute the plunge to retail investors who rushed to liquidate their holding to raise cash, specifically to pay school fees.

He added that the incentive shares are allotted to a maximum of 250 ordinary shares to encourage retail investors. In 2021, MTN had promised one free share for every 20 shares bought — with maximum free shares of 250 per investor.

You can still buy MTN shares on the stock market / Uganda Securities Exchange starting 6 December 2022 at the prevailing market price. Please talk to a licenced stock broker for assistance. When will I receive the MTN shares that I applied for?

Apply for MTN shares for as low as 100,000/-. And when you apply using MTN Mobile Money, you get 10 free extra shares, for every 100 shares you apply for. Dial *165*65# or use MyMTN app to apply now.

Exness. 👉 Overall, Exness is considered a low-risk broker and can be summarised as a trustworthy and reliable market-making broker for buying MTN Nigeria Shares in Nigeria. Regarding spread and security, Exness guarantees fast trading speeds from a few milliseconds when purchasing MTNN shares.

MTN Uganda Chief Executive Officer Sylvia Mulinge, said in commentary accompanying the results that fintech and data service sales led a rise in pretax profit to 591 billion shillings ($160 million) from 491 billion shillings in 2021. Fintech revenues and data service revenues both increased by roughly a quarter.

MTN Group Limited (formerly M-Cell) is a South African multinational mobile telecommunications company, operating in many African and Asian countries. Its head office is in Johannesburg.

Interactive chart of historical net worth (market cap) for MTN Group (MTNOY) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. MTN Group net worth as of April 18, 2023 is $13.54B.

MTN Uganda is a leading mobile operator in Uganda. It was incorporated under the now repealed Companies Act (Cap. 110) as a private company limited by shares on 25 February 1998.

Karl Olutokun Toriola - Chief Executive Officer - MTN Nigeria | LinkedIn.

Who is the boss of MTN in Ghana? ›

How do I qualify for Quick Loans? You will need to be an active Airtel Money customer for six months and had at least one Airtel money transaction every month for the past six months. Customers will also need to have paid up any other loans taken through Airtel Money.

To borrow airtime from MTN, simply dial *606# on your MTN SIM card, and the system would pop several options: Eligibility status. Request for XtraTime. Check XtraTime Balance.

Q: How to apply for XTRACASH? To apply, simply dial *606# from your handset and select the XtraCash option. Also you can access the service by dialing the short code *606*4#.

XtraCash offer you a convenient and instantaneous way to get a cash loan for MTN existing Diamond Yello subscribers. The loan can be used to pay bills, purchase goods, P2P transfers, buy airtime and cash out, from your mobile phone.

MTN Nigeria Communications (MTNN) Plc, has paid a final dividend payment of N10. 00 per two kobo ordinary shares to shareholders for the year ended December 31, 2022. The shareholders gave their approval to the proposed dividend at the Company's fourth Annual General Meeting (AGM) held recently.

High-Yield Monthly Dividend Stock #4: AGNC Investment Corporation (AGNC) High-Yield Monthly Dividend Stock #3: PermRock Royalty Trust (PRT) High-Yield Monthly Dividend Stock #2: ARMOUR Residential REIT (ARR) High-Yield Monthly Dividend Stock #1: Orchid Island Capital (ORC)

How much is MTN shares sold? ›

The current share price of MTN Nigeria (MTNN) is NGN 229.00.

MTNN closed its last trading day (Monday, May 15, 2023) at 229.00 NGN per share on the Nigerian Stock Exchange (NGX).

Anyone above 18 years of age is eligible to buy the MTN shares on offer, but there are a limited number of conditions. Applicants must apply for a minimum of 20 shares and multiples of 20 shares thereafter.

Stock Price Forecast

The 10 analysts offering 12-month price forecasts for MTN Group Ltd have a median target of 9.46, with a high estimate of 13.68 and a low estimate of 8.79. The median estimate represents a +47.41% increase from the last price of 6.42.

An interested investor should complete an Application Form. Submit the completed Application Form and make payment to a Receiving Agent. Receiving Agent confirms receipt of payment for the number of shares applied for. Receiving Agent issues an acknowledgement copy of the Application Form.

MTN Zakhele Futhi shareholders can either retain, buy additional or sell their shares by using one of the following trading options: The Facilitated Trading Process; or. The Independent Trading Process.

On the other hand, a share of stock is a unit of ownership in the business. The number of shares determines how big of a piece of ownership in a business you have. If a company has 100,000 outstanding shares of stock and you own 1,000, you have a 1% equity ownership stake in the company's business.

While there is no actual limit to the amount of shares you can purchase in a company, it's possible that there will be rules or restrictions that may interfere with your ability to buy as many shares as you want.

The shares climbed 2.5% to 205 shillings, from the IPO price of 200 shillings.

One of the most obvious benefits of buying MTN shares is that you become a Part-owner of MTN Nigeria. And because it is a disciplined, well managed and governed company, its market efficiency makes it a great stock to invest in.

How do I make money from shares? ›

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The Vanguard Group, Inc. M&G Investment Managers (Pty) Ltd.

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Richard Yego - Managing Director/CEO - MTN Mobile Money Uganda Limited | LinkedIn.

Mark Sam Luswata - Head Internal Control - MTN Group Fintech | LinkedIn.

Ralph Mupita - MTN Group President & CEO - MTN | LinkedIn.

Executive Director: Group President and Chief Executive Officer. Director of various companies in the MTN Group. Ralph is MTN Group Chief Executive Officer. Prior to joining MTN in April 2017, Ralph was the Chief Executive Officer of Old Mutual Emerging Markets.

Edmund Barwuah - General Manager, Sales & Distribution- MTN Group - MTN | LinkedIn.

How many MTN agents are there in Uganda? ›

Incorporated in 1998, MTN Uganda operates through a network of over 170,000 Mobile Money agents, 200 service stores, and 13, main distributors.

As of December 2020, MTN Uganda's customer base totaled 14.1 million subscribers, out of a total of 31 million mobile telephone subscribers in the country, representing a 45.5 percent market share.

Call 135 from your MTN mobile or 083 135 from any other number if you suspect that you have been a victim of fraud.

Hedge funds don't have many shares in MTN Group. Public Investment Corporation Limited is currently the company's largest shareholder with 23% of shares outstanding. M1 Limited is the second largest shareholder owning 6.7% of common stock, and Coronation Fund Managers Limited holds about 5.3% of the company stock.

They include the majority shareholder, MTN International (Mauritius) Limited, which has the controlling 76.08 per cent equity, or 15,485,544,050 shares valued at about N309. 71 billion, and Stanbic IBTC Asset Management Limited with 9.77 per cent stake or 1,988,269,050 shares valued at about N39. 77 billion.

Karl Toriola, the CEO of MTN Nigeria, tops the list as he earned N850 million in 2022, a 130 percent increase from N368 million in 2021. Toriola joined MTN Nigeria as the chief technical officer in 2006.

Karl Olutokun Toriola is a Nigerian business leader.

Chief Executive Officer: MTN South Africa

Director of various companies in the MTN Group. Charles Molapisi is the CEO of MTN South Africa. Prior to this appointment he held the position of Group Chief Technical and Information Officer.