MTN Uganda's nine-month profit after tax rises 21.2% to sh571.2 billion

MTN Uganda's profit after tax for the nine months to 30 September rose 21.2% to sh571.2 billion, on total revenue up 8.5% to sh2.879 trillion. Data and fintech made up 62% of service revenue, mobile money transactions rose 10.7% to 4 billion, and subscribers grew by 2.9 million to 26.4 million. The board declared a third-quarter dividend of sh4.0 a share.

Why it matters

Mobile money and data now drive most of the growth at Uganda's largest listed company.

Source: New Vision · 6 November 2026

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