Court orders MTN Uganda to pay Richard Mwami Shs 2.31 billion for ‘malicious prosecution’

Richard Mwami, a former senior manager at MTN Uganda who was hounded out of the job in 2012 following allegations that he had orchestrated mobile money fraud, has finally got justice after the court ordered that his former employer pay him Shs 2.3 billion for “malicious prosecution.” Justice Isaac Bonny Teko ruled that although the…

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MTN Uganda agrees to spin off its Mobile Money unit

MTN Group has taken a significant step toward its Ambition 2025 strategy, by agreeing to separate its moible money unit from its GSM operations. The decision was taken during during an extra-ordinary general meeting of its shareholders this week. The compnay said the move aims to enhance scale, efficiency, and customer service delivery across MTN’s…

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