MTN Uganda gets shareholder green light to spin off and list MoMo fintech arm

MTN Uganda has secured strong shareholder backing to separate its mobile money business, MTN MoMo (U) Limited, from its core telecom operations. This move sets the stage for MoMo to become a standalone entity, with plans to list it separately on the Uganda Securities Exchange. The decision, finalized at an Extraordinary General Meeting, follows weeks … Continue reading MTN Uganda gets shareholder green light to spin off and list MoMo fintech arm