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MTN now has 100 million customers using the internet

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By Staff Writer

Access to the internet has the power to change lives and bridge inequalities and MTN Group reached a significant milestone by recording 100 million active data users on its networks across Africa and the Middle East.

“We believe that everyone deserves the benefits of a modern connected life,” said MTN Group president and CEO Rob Shuter. “We are delighted to have connected 100 million of our customers to the power of the internet as we have increased data coverage and reduced the cost to communicate across our markets.”

New MTN Group CEO Rob Shuter
MTN Group President and CEO Rob Shuter

MTN has a total base of more than 257 million customers in 21 markets. Growth through scaling data and digital services is central to its strategy. The group is overcoming the barriers to greater mobile internet adoption by extending its 3G and 4G coverage, accelerating smartphone adoption and transforming prices.

In the past three years, well over 100 million more people in MTN’s footprint have been covered by its data network. This brings the group’s network coverage for data services to beyond 480 million people. However, about 60% of rural populations in Africa remain unconnected. To benefit from connectivity, they need affordable devices as well as the digital literacy to easily access relevant and meaningful content.

To support smartphone adoption, in 2019 MTN distributed 675 000 affordable data-enabled handsets across 12 markets. It also launched a digital literacy programme in nine markets, helping over three million people improve their understanding of the mobile internet and applications.

Data affordability is also key. In 2018 and 2019, MTN reduced entry-level data rates across its footprint by 60%. In 2019 alone, it cut the effective data price per megabyte by 34%.

“We believe the consumer mobile data market will grow enormously over the next few years,” said Shuter. “The COVID-19 pandemic has served to accelerate the adoption of mobile data, digital services and financial services. As a result, we have recorded increases of up to 50% in data volumes in some markets, as work and studying from home becomes a reality for many.”

“Over time our ambition is to grow our customer base to 300 million and for at least 2/3 to be accessing the power of the internet on an MTN network – so  the 100 million achieved today marks the halfway mark in the MTN journey.”

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Local Business

Ascenify Uganda set to hold online class on Personal Financial Management

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Phillipa Wavamunno

Phillipa Wavamunno, a banker and businesswoman, will be one of the class facilitators.

By Our Reporter

What a ‘year’ these first six months of 2020 have been! The COVID-19 ‘new normal’ era has made us to get cracking and find new and innovative ways to survive a lot of unexpected disruption. If 2020 has taught us anything, it is to expect the unexpected and be prepared for anything!

Now is the time to take a fresh look at our finances and get smart about how we will manage the months to come.

Ascenify Uganda, a Personal Development and Performance Management consultancy firm, is offering a Financial Management Class designed to provide practical skills on how to save and grow your money. The class will be held on 11th July 2020 online via Zoom starting at 9 am.

Two financially-savvy facilitators, Lynda Nabayiinda Were and Phillipa Wavamunno Byamah, are combining their many years of experience in banking, business management and finance to take participants through the essentials to get budgeting and investments in order at this critical time.

“The course will make you look at budget and financial planning in a whole new light,” says Phillipa Wavamunno, one of the class facilitators and founding member Ascenify.

Now is the time to apply proven financial methods to the economic madness facing so many people in Uganda and across the world. By registering for this online class, you could get the training you need so that not even a world pandemic can catch you off guard again.

Ascenify Uganda focuses its lessons on four pillars: Personal Development, Performance Management, Leadership Skills and Financial Literacy.

Ascenify’s strength lies in its knowledgeable directors, who bring decades of professional banking, investment and business management experience. These women have achieved excellence in the banking sector, consulting and managing their own personal businesses. They also partner with other highly skilled and sought after international consultants, which together can offer best practices and transfer knowledge from across the globe.

This one-day course will cost 100,000 UGX, however, there is a 25% discount on early bird tickets. Sign up here.

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BigEye Money

MTN Uganda Appoints Ibrahim Senyonga as their Business Unit General Manager

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By Staff Writer

Mr. Ibrahim Senyonga is one of the new members on the MTN Uganda leadership team joining as the General Manager for the company’s Enterprise Business Unit (EBU), a department that focuses on driving Business to Business sales for MTN.

He brings to MTN over 16 years’ experience from the banking sector where he served several roles ranging from Regional manager at DFCU bank, Head of Retail banking and Acting Executive Director at KCB among others. Throughout his career, Mr. Senyonga has won more than 13 outstanding performance awards.

As he transitions from the banking to the telecom sector, Mr. Senyonga observes that telecommunication remains an important sector that is relevant to the growth of all sectors being at the center of the paradigm shift in how businesses operate as communication and digital services continue to be more embedded in the needs of society.

As the leader of a team that serves MTN’s vision to become the preferred connectivity solution partner for businesses within the Telecom footprint, Mr. Senyonga is responsible for developing compelling value propositions for Enterprise Business as well as creating and implementing  strategies to drive corporate sales revenue and customer satisfaction with the support of a highly  motivated winning team.

Mr. Senyonga comes with a deep experience in Strategic Governance, Strategic Planning and Leadership, Business Development and Relationship management, Sales Channels development and expansion, Risk & Operational Control management.

His academic credentials include; an MBA in Finance from University of Leicester (UK) and a Bachelor’s degree in Business Administration from Makerere University, along with various certificates inclusive of one in Economics from OXFORD University (UK)  and Aquis Accredited Asset and Liabilities Management from INSEAD (France).

Outside work, Mr. Senyonga loves watching football and he is a loyal supporter of KCCA FC locally, Real Madrid in Europe and Leicester FC in UK. Besides watching the game, he also takes a keen interest in studying top football coaches to understand how they strategies.

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Featured

NEW Mobile Money Campaign: ‘Keep some MTN MoMo on your phones. It saves.’

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  • In these times, it saves to keep some MTN MoMo to pay for products and services like airtime, voice and data bundles, Yaka, National Water, shopping and much more.
  • MTN customers are encouraged to keep some money on their phones from as low as UGX 500/- with MTN MoMo.
  • It saves and its safer to have some money on MTN MoMo for emergencies, especially in these times of the pandemic and curfew.
  • MTN MoMo is safe, affordable, convenient, and can save you when you need it the most.

MTN Uganda has today launched a campaign aimed at sensitizing customers on why it’s important to keep some mobile money with MTN MoMo and the associated benefits like the convenience of paying for products and services like airtime, voice and date bundles, Yaka electricity units, national water, school fees, shopping and much more.

In the campaign that will run under the theme, “Keep some Money on MTN MoMo, It saves”, MTN is encouraging customers to keep some money with MTN MoMo on their phones, because it is convenient, safe and could come to their rescue in emergency situations during these times of covid19 and the curfews that they live under as a result.

Most Ugandans already know MTN MoMo and how it works. Many more are already using it for sending and receiving money. However, some continue to use cash for many of their daily needs. Although it is inconveniencing, some customers would rather walk to the shop to buy airtime, bundles or MBs, and even to pay for their utility bills, yet they can conveniently use MTN MoMo from wherever they are. In the end however, customers wish they had mobile money on the phones more so in emergency situations.

“This new campaign is about encouraging our customers to keep some MTN MoMo on their phones, because it saves,” said Stephen Mutana, the General Manager, Mobile Financial Services at MTN Uganda.

“You don’t have to deposit all your money, keep some on MTN MoMo to use it when you need it most. For example, if you have 5,000/-, you can deposit 2,000/- on your MTN MoMo account. This 2,000/- will come in handy when you need to buy airtime or data bundles at night when the shop is closed or if your power goes off at night and you need to buy Yaka units”, Mr. Mutana advised.

MTN MoMo can do everything and even more than physical cash. With MTN MoMo, customers can buy airtime, voice and data bundles, and can also conveniently pay for shopping at the supermarket, pay for fuel, and much more conveniently using their phone, anytime, anywhere. Even for school fees, MTN MoMo customers no longer need to queue at the bank for hours. Customers can deposit as low as 500/- on their MTN MoMo account and dial *165# or use the MyMTN app for safe, reliable and convenient transactions.

Relatedly, Stephen also cautioned MTN MoMo customers against sharing their PINs. “Keep your MTN MoMo PIN safe. Don’t share it with anyone. Nobody can access money on your phone unless you give them your PIN number which only you should know”, he concluded.

MTN MoMo is safe, reliable and convenient.

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Local Business

Nofeka, a new online retailer platform launched

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By Our Reporter

Nofeka, a new Ugandan online retailer platform has been launched. The new platform comes at a time when there is limited movement of people and access to food markets and produce stores due to the on going COVID-19 pandemic.

Kiyega Daniel the retailer’s founder and CEO says its thus the right time to launch an online retailer platform that also does deliveries so as to ease life for Ugandans mostly those affected by movement restrictions.

With an offering of a wide range of products ranging from groceries, clothing to electronics, furniture and toiletries among others, the retailer’s founder Kiyega says they are targeting to have at least 10,000 orders a month with in one year.

This, according to the firm’s projections, will grow to 1 million orders a month 5 years down the road as they step out of Uganda into East Africa and Africa at large.

Download the Nofeka app on Google Play or Apple store or visit their website  to get started.

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