MTN Uganda Ltd 2024 AR2

The report details MTN Uganda's performance and strategic progress for the fiscal year 2024, highlighting its transition toward becoming a fully-fledged digital platform and technology company under its Ambition 2025 strategy. The company achieved a milestone by completing its secondary market share offer, expanding its local shareholder base to 94.4% Ugandan ownership. Financially, MTN Uganda delivered strong results with a 19.5% growth in service revenue and a 30.1% increase in profit after tax. On the sustainability front, the company reduced its carbon emissions by 8.5% through Project Zero, upgraded 3,339 cell sites to solar and hybrid clean power, and invested UGX 4.6 billion in community projects through the MTN Foundation.

Company: MTN Uganda Ltd

Sector: Communication Services

Country: Uganda

Year: 2024

Type: AR2

Pages: 105

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MTN Uganda Ltd

MTN Uganda Ltd 2024 Annual Report

Annual Report

The report details MTN Uganda's performance and strategic progress for the fiscal year 2024, highlighting its transition toward becoming a fully-fledged digital platform and technology company under its Ambition 2025 strategy. The company achieved a milestone by completing its secondary market share offer, expanding its local shareholder base to 94.4% Ugandan ownership. Financially, MTN Uganda delivered strong results with a 19.5% growth in service revenue and a 30.1% increase in profit after tax. On the sustainability front, the company reduced its carbon emissions by 8.5% through Project Zero, upgraded 3,339 cell sites to solar and hybrid clean power, and invested UGX 4.6 billion in community projects through the MTN Foundation.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Published

Apr 24, 2025

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Energy Consumption

Water Consumption

Total Waste

Women on Board

Women in Management

Net Zero Target

Employees