Corporate spin-offs

CompaniesMergers & Acquisitions

MTN MoMo is a proven profit machine — so why is MTN changing its structure?

Investor protection, market transparency, and corporate governance in question, says Crested Capital in commentary note
MTN Uganda non-executive director Charles Mbire rings the bell to mark the telecoms company's listing on the Uganda Securities Exchange, December 2021
CompaniesDigital EconomyMarketsMergers & Acquisitions

MTN Uganda plans to spin off mobile money business

The telecom giant MTN Uganda plans to restructure its mobile money business by separating it from its direct ownership and transferring the unit to a newly formed company through a merger
The head offices of MTN Uganda in Kampala