MTN Uganda maintained a positive growth momentum in the first nine months of 2023, on account of solid commercial execution and improved performance of the current macroeconomic environment. Inflation in…
Positive growth momentum driven by solid commercial execution ⏤ Sylvia Mulinge’s Q3 2023 letter to shareholders This morning MTN Uganda released its Q3 2023 performance, covering the first 9 months of 2023 in which the telco reported good growth in both the number of customers and revenue growth across data, voice, fintech and digital segments. As a result, profit after tax increased by 21.1% to UGX354.4 billion. In a commentary accompanying the results Sylvia Mulinge, the Chief Executive Officer, has promised a strong year-end finish, fuelled by brilliant commercial execution and aided by an improving macro-environment.
