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MTN Seeks to Separate Mobile Money Business From Listed Company

Summary by techeconomy.ng
MTN Uganda is proceeding with the structural separation of its mobile money business, MTN MoMo, from its core telecommunications operations.  This is primarily in response to Uganda’s National Payment Systems Act 2020 and is an important part of the MTN Group’s strategy to enhance value from its fast-expanding financial technology services. The National Payment Systems Act 2020 explicitly requires mobile money operators to establish distinct leg…

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TechCabal broke the news in on Wednesday, June 11, 2025.
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