MTN Ghana has been recognized for its sterling performance in procurement and supply chain management services at the 3rd Africa Procurement and Supply Chain Awards. The award comes on the back of a strong performance in a year that has seen major challenges in all spheres of life due to the COVID-19 pandemic. MTN Ghana received awards in the following categories. Excellence in Procurement and Supply Chain – Telecom Sourcing and Procurement Initiatives of the Year (Gold) Procurement and Supply Chain Team of the year (Gold) Best response to Procurement and Supply Chain Resilience in COVID (Bronze) At the event, MTN Ghana came up tops in the coveted Excellence in Procurement and Supply Chain – Telecom and Procurement and Supply Chain Team of the Year (Gold) category, for the third consecutive time. In addition, the General Manager for Supply Chain Management and General Services at MTN Ghana, Mr. Patrick Afari was adjudged Supply Chain Industry Personality of the Year.  Mr. Adeola Oduntan of MTN Nigeria was adjudged Supply Chain Professional of the Year and MTN Nigeria won Excellence in Telecom /IT at the Africa level. The General Manager for Supply Chain Management and General Services of MTN Ghana, Patrick Afari expressed appreciation to the organizers and pledged MTN’s commitment to employing best practices in delivering on its mandate in Procurement and Supply Chain. He dedicated the awards to the Procurement and Supply Chain Team in MTN, Distributors, Retailers, Suppliers and Customers.   Commenting on the Awards, the Chief Executive Officer of MTN Ghana, Selorm Adadevoh said these awards are timely. As MTN Ghana is celebrating 25 years of its operations in Ghana, it is a story telling time for us, our stakeholders and the beneficiaries of our impactful operations over the two half decades of operations in the Ghanaian telecommunication industry. These awards are a testament and a confirmation of MTN’s commitment to employing best practices in its operations and more importantly, brightening many more lives. Kudos to the Procurement and Supply Chain Team for their commitment and resilience to work. “I wish to congratulate Patrick Afari for winning the Industry Personality Award in Supply Chain another big congratulations to our colleague in Nigeria, Adeola Oduntan for being adjudged Supply Chain Professional of the Year and the entire team in Nigeria for picking an award in Procurement and Supply Chain Excellence in Telecom/IT at the Africa level” he added. The 3rd Africa Procurement and Supply Chain Awards sought to recognize, promote innovations, ethics, excellence and adoption of technology advancement in the industry despite the challenges posed by the COVID-19 pandemic. The Procurement and Supply Chain Awards has been rebranded. The awards organized by Instinct Business since its inception in 2018 was named Ghana Procurement and Supply Chain Awards and now Africa Procurement and Supply Chain Awards. MTN Ghana has eight awards to its credit from 2018 to 2020. Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093

MTN Ghana has come out with lots of 25th-anniversary freebies to loyal customers across the country. According to the Chief Marketing Officer of MTN Ghana, Noel Kojo Ganson who made the revelation to stakeholders during an online discussion session, the freebies comprised of; 1. 25minutes for the first call 2. 3hours daily and 2.5GB for the first 2,500 customers 3. US$1000 phone for first 250 customers 4. Promo to give away 25 cars for the taking. 5. More prizes including ghc5,000 to be won in daily draws 6. All customers to gather points and used it to redeem airtime/data and get discounts from grocery shops 7. MoMo promos in the pipeline 8. Revolutionary tech innovation launch in the pipe line  Is a way of showing appreciation and as well saying thank you to all loyal customers of MTN. pexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093

MTN Ghana has declared a profit after tax of GH¢1.4 billion for the 2020 financial year. Subsequently, the biggest and most successful telecoms company in the country announced an amount of 8Gp per share after approving a dividend payout of GH¢614.5 million. This represents 70.49 per cent of its profit for the year in review. The Chief Executive Officer of MTN Ghana, Mr Selorm Adadevoh, announced this yesterday at the 3rd annual general meeting (AGM) of the company since it listed on the local bourse and first to be organised virtually since the outbreak of the COVID-19 pandemic. More successes The MTN boss said the company recorded 4.6 million new customers in 2020 taking its total subscriber base to 24.4 million. This achievement, he explained, was in spite of the devastating impact of the COVID-19 pandemic which sent many businesses to their knees. In the same period under review, Mr Adadevoh said MTN also recorded some 2.6 million increases in data customers, and 1.5 million rise in mobile money customers, bringing to 10.6 million, the total number of mobile money customers. These successes contributed to the 16.4 per cent growth in service revenue over the period, after the GH¢1.5 billion capital expenditure in network capacity improvement. Mr Adadevoh said in line with the company’s vision to become a data operator by 2023, the company saw a clear growth in data and mobile money contributions to service revenue, while voice contribution to service revenue declined. According to him, the shift in consumer behaviour due to COVID-19 also led to a 328 per cent surge on MyMTN and Ayoba usage, particularly for gaming and other digital purposes. COVID challenges Mr Adadevoh said MTN focused on supporting its people, customers and the government through various interventions that eventually paid off despite the year in review being a challenging one for all businesses due to the outbreak of COVID-19. He said the initiative to tackle the COVID-19 impact was dubbed “Yello Hope”, under which health and safety of staff was paramount as reflected in comprehensive measures put in place to facilitate remote work while ensuring workers delivered on targets. According to him, MTN also had a daily life monitoring programme in place to ensure that workers who needed any special help got it. “For our customers we collaborated with Bank of Ghana to provide free person to person mobile money transfers of up to GH¢100 a day and that saved customers up to GH¢94 million in transfer fees,” he said. He said the measure also prevented face to face interaction and deepened financial inclusion, adding that the free transfer offer had been extended until further notice. Mr Adadevoh said MTN also provided free access to over 200 education sites, which is benefiting between four to five million students and teachers at various levels of education aside the scholarships under its Bright Scholars initiative. Support for govt The MTN Ghana boss said the government also benefitted from the MTN zero rated visits to several government sites where individuals could access health and other vital information. Aside that, MTN also donated GH¢5million worth of PPE and other vital equipment to the government for the benefit of frontline health workers. “We also donated 87,000 boxes of face masks to 31 health facilities and there is more support ongoing via the US$25 million the MTN Group has offered to the African Union for the COVID-19 fight,” he said. Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 0555568093

The President of Ghana, Nana Addo Dankwa Akufo-Addo has applauded MTN Ghana’s successes within the past two and a half decades. The President said MTN Ghana deserves commendation for the achievements it has attained over the past 25 years. The President said this during the official launch of MTN Ghana’s 25th anniversary at an impressive ceremony held in Accra on June 2, 2021. The ceremony which was attended by the Minister of Communications and Digitalization Hon. Ursula Owusu-Ekuful saw the unveiling of the 25th anniversary logo and a host of activities outlined for the anniversary period. The ceremony was also attended by other Regulators, Partners, Suppliers and the media. MTN Ghana Board Chairman Dr. Ishmael Yamson and the MTN Foundation Board Chairman Prof Franklin Manu along with the members of both boards and Executives of MTN were present at the event. Speaking at the event, President Akufo-Addo said, “Your slogan ‘Everywhere You Go’ says it all. My heartfelt congratulations go to all staff of the organization, policymakers, regulators, service providers and MTN subscribers past and present. Government appreciates your hard work and continuous contributions to the telecommunications sector and the country as a whole”. He added, “We are confident that many more organisations will be inspired by your 25-year journey and successfully emulate your achievements.” The anniversary launch was an opportunity to recount the immense contributions of MTN Ghana to the growth of Ghana’s telecommunications and ICT sector. The CEO of MTN Ghana, Selorm Adadevoh, used the occasion to express his appreciation to all those who have contributed to the success of the business. He said, “We are deeply humbled and recognize that this achievement has only been possible with the support and contributions of so many before us, who have toiled and built the foundations upon which we stand today. He said, “I will also like to recognize the role the people of Ghana have played in MTN’s business successes. Firstly, for giving us the opportunity to serve you and secondly, for your patronage, feedback and loyalty over the past 25 years”. Whilst recounting the achievements of the company, the CEO said, “we have impacted the lives of Ghanaians in many ways including our social interventions in communities around the country through the MTN Ghana Foundation and our financial inclusion efforts.  Selorm Adadevoh also used the opportunity to share the future focus of the business. Some of the dignitaries at the event included the South African High Commissioner Madam Grace Jeanette Mason, the Former Deputy Minister of Communications and a former Executive of MTN Ghana, Hon George Andah, Director General of the NCA Mr Joe Anokye, CEO of Ghana Chamber of Telecommunications Dr. Ken Ashigbey and the CEO of the Ghana South Africa Business Chamber Grant Webber. The CEO of Ghana Investment Promotion Center Mr. Yoofi Grant as well as the Chairperson of the Parliamentary Select Committee on Communications Hon Cynthia Mamle Morrison and some members of the committee were also present. The Director General of the Securities and Exchange Commission Rev Daniel Ogbamey Tetteh, MD of the Ghana Stock Exchange Mr Ekow Afedzie, the Director General of NITA Richard Ofosu Kyere, GIFEC Administrator Mr Kofi Asante all attended the event.   The Head of Payment Systems of the Bank of Ghana Dr Setor Amediku, Head of Innovation and Fintec Head of the Bank of Ghana Kwame Oppong, the President of the Ghana Journalists Association, Affail Monney and the CEO of the Consumer Protection Agency, Mr Kofi Kapito, CEO of Huawei Technologies Tommy Zhou graced the occasion with their presence. Customers of MTN Ghana were also informed of a number of promotions designed to reward them for their loyalty to the brand over the past 25 years. The promotions include the ‘Good Day promo’, ‘National Promo’, and ‘Top 2500 customers’ promo’. Prizes to be won include, cars, phones, electronic devices, data and airtime. Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093

Telecoms giant, MTN Ghana says it plans to increase local ownership in the company to 25% by the close of this year. Currrently, the company has local participation of 16.9%. Selorm Adadevoh, chief executive officer of MTN Ghana, announced this at the virtual annual general meeting of the company on Tuesday (25 May). He said the MTN Group remained committed to its agreement with the government to increase other shareholdings in Scancom PLC to 25%, with a focus on local shareholding. Also, in line with the Payment Systems and Services Act, 2019 Mobile Money Limited, a wholly owned subsidiary of Scancom PLC, is required to achieve 30% localisation of its shareholding as part of Bank of Ghana’s (BoG) license requirements. Adadevoh said the BoG had extended the deadline to meet the requirement, to 15 January 2022. Significant market power (SMP)  On the issue of the significant market power (SMP) declaration, Adadevoh said a series of engagements with the regulator and other key stakeholders was ongoing to resolve the issue in an amicable manner. He said from October 2020, MTN Ghana implemented the National Communication Authority’s directive to apply a 30% asymmetrical interconnect rate reduction for two years. He said engagements and discussions with relevant stakeholders were ongoing after a brief suspension in the lead up to the national elections in December 2020. “We are optimistic that these discussions will result in a positive outcome for MTN Ghana and the long-term sustainability of Ghana telecommunications industry. “We remain grateful to the NCA, the Ministry of Communications and key stakeholders for their commitment to engage with the view to resolve the issues amicably,” he said. The business reported a profit after tax of GHC1.4 billion which represents a 38.4% increase year on year. Shareholders approved a final dividend of five pesewas per share, bringing the total dividend for the 2020 year to eight pesewas per share. This represents 70.5% of profit after tax and a 33.3% increase in dividend per share over 2019. GNA Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093