• Wim Vanhellepputte, has been MTN Uganda’s Chief Executive Officer since July 2016. PHOTO/Courtesy
  • ASSETS: MTN has, under Wim, grown from a UGX1.509 trillion asset company to UGX3.298 trillion, a growth of 119% and a compounded annual growth rate of 14%.
  • EBITDA: While Earnings Before Tax, Depreciation and Amortisation (EBITDA) has more than doubled, growing by 175% from UGX385 billion to UGX1.058 trillion- a compounded annual growth rate of 18%, year on year, it has been erratic.
  • NET PROFIT: During Wim's tenure, net profit has grown by nearly 4 times from UGX96 billion in 2016 to UGX340.4 billion in 2021- a growth of 254% and a compounded annual growth rate of 23%.
The Big Story

THE WIM EFFECT: 5 graphs that demonstrate how MTN Uganda has thrived under Wim Vanhellepute’s 6-year leadership

by Muhereza Kyamutetera

2021 was one of MTN Uganda’s historic years. The company not only closed its much-awaited listing on the Uganda Securities Exchange on December 06th 2021, but it also set some…

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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