Voice revenue rose 11.6 percent, while data and mobile money revenue surged 21.6 percent and 17.6 percent, respectively.
MTN Uganda
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MTN customers can access Tesadeals without incurring data charges, underscoring the platform’s commitment to accessibility and inclusivity.
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The decline in the market value of Mbire’s MTN Uganda stake underscores the challenges faced by investors in the Ugandan market.
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The market value of Mbire’s 3.99-percent stake in MTN Uganda has declined $43.89 million on Jan. 1 to $41.45 million.
- East Africa
Ugandan tycoon Charles Mbire’s MTN Uganda posts more than $60-million profit in H1 2023
Holding a 3.99-percent stake in the telecom services provider, Mbire’s stake in MTN Uganda is $42 million.
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Mbire, the wealthiest investor on the Uganda Stock Exchange. loses $3.6 million as MTN Uganda’s stock price takes a hit.
- Hot News
Ugandan tycoon Charles Mbire’s MTN Uganda beats profit expectations, rakes in over $100 million
Mbire is the wealthiest investor on the Uganda Stock Exchange.
- Hot News
MTN Uganda takes hit, leading to $5-million loss for Uganda’s richest investor Charles Mbire
Mbire owns a 3.99-percent stake in MTN Uganda, or 894,494,705 shares.
- Hot News
Uganda’s richest investor Charles Mbire acquires additional 2.26 million shares in MTN Uganda
Mbire is anticipated to receive $1.16 million from the telecom group’s interim dividend payout.
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The $4.7-million bump in his stake solidifies his position as the richest investor on the Uganda Stock Exchange.