MTN GHANA HOLDS 3rd ANNUAL GENERAL MEETING VIRTUALLY ON TUESDAY MAY 25, 2021 Mr. Ishmael Yamsom- Board Chairman - Scancom Plc
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MTN GHANA HOLDS 3rd ANNUAL GENERAL MEETING VIRTUALLY ON TUESDAY MAY 25, 2021

Scancom PLC (MTN Ghana) will host shareholders at a virtual meeting via www.mtnghagm.com from 11:00am on Tuesday May 25, 2021. The meeting, which is the company’s third Annual General Meeting (AGM) since going public, will be streamed live from the company’s head office at MTN House, Independence Avenue. The meeting will enable shareholders to discuss the audited financial statements together with the reports of the Directors and Auditors, appoint and fix remuneration of auditors and approve the payment of directors fee for the year ended 31st December 2020. The final dividend for the year ended 31st December 2020 as recommended by the directors will be reviewed and approved by shareholders. There will also be the re-election and appointment of retiring and new Directors of the company, respectively. Shareholders will also be expected to authorize the amendment of the Constitution of the company to increase the maximum number of directors from ten (10) to twelve (12). Shareholders with smart devices can participate in the virtual meeting via www.mtnghagm.com from 11:00am whilst shareholders who do not have smart devices may participate in the AGM by following these steps; (i) dialing +233244300025; (ii) entering the access code 8000; and (iii) entering the conference pin number 056789. Invitations to the meeting have been sent to all shareholders via sms and emails with their unique token numbers. Registration for the AGM will start at 8:00am, however the AGM will commence at 11am. A shareholder may appoint a proxy to attend virtually and vote on their behalf. Such a proxy need not be a shareholder of the company. A copy of the Proxy Form may be downloaded from www.mtnghagm.com completed, signed and sent via email only to info@csd.com.gh. In order for shareholders to review the 2020 audited financial statements before the AGM, a copy has been uploaded online and can be found in the Annual Report Brochure section of the AGM portal (www.mtnghagm.com). Voting during the AGM will be done electronically via the portal or by dialing USSD code *899*0# for non-smart phone users. Furthermore, shareholders who do not submit a proxy prior to the meeting, may vote using their unique token number. Scancom PLC (MTN Ghana) held its first AGM in May 2019 after it listed on the Ghana Stock Exchange (GSE) on 5 September 2018. It remains the company with the largest number of Ghanaian shareholders following its Initial Public Offering (IPO) which raised GHS 1,146,589,464.75 from 128,152 applicants. The IPO of MTN Ghana made history as the largest primary share offer in the history of the GSE. Most importantly, it enabled many Ghanaians to own shares in one of Ghana’s largest, most visible and well-respected companies. For more information on the MTN Virtual AGM, shareholders may contact info@csd.com.gh or call 0545823198,0545822865 or 0545822920. Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093

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MTN Group’s President Ralph Mupita pays courtesy visit to the GSE
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MTN Group’s President Ralph Mupita pays courtesy visit to the GSE

The Group President and CEO of MTN, Ralph Mupita has saluted the Ghana Stock Exchange (GSE) for its role in the ‘Ghana Cares’ national socio-economic priorities that is going to be critical for Ghana’s development going forward. “We are encouraged by the progress we have seen in the development and deepening of the capital markets in Ghana”, Mr Mupita said. He noted that “capital formation and capital markets are critical in economic development of countries. We salute the ‘Ghana Cares’ national socio-economic priorities that is going to be critical to Ghana’s development going forward”. He made the remarks on Tuesday 18 May 2021 when he visited the GSE to pay a courtesy call on the Managing Director, Mr. Ekow Afedzi, as part of a three-day working visit to one of MTN Group’s key markets. He also used the opportunity to get a first-hand account of the performance of Scancom Plc (MTN Ghana) shares since the Initial Public Offer (IPO) in 2018. Mr. Mupita was grateful for the support MTN Ghana had received since its listing on the bourse. “On behalf of the MTN Group we would like to thank the GSE for the support we have received since listing in September 2018”, he said. MTN Ghana’s performance on the Ghana Stock Exchange in 2021 has been nothing short of excellence, accounting for 86% and 77% of total volume and value traded on the Ghana Stock Exchange as at 18 May 2021. The company’s share price has gained 49 pesewas this year representing a year to date return of 76.6%. The MD of the GSE, Mr. Ekow Afedzi applauded MTN Ghana’s stellar performance. He commended the company for being the most liquid and driver of liquidity on the market. MTN Ghana listed on the Ghana Stock Exchange in 2018 and is the third largest company by market capitalization. This represents about 23% of the total market capitalization of the listings on the Ghana Stock Exchange. The MTN Group CEO was accompanied on his visit to the GSE by the VP for MTN WECA Region, Mr Ebenezer Asante, Chief Enterprise Business Officer, Mr Sam Addo representing Selorm Adadevoh Chief Executive Officer, and the Chief Corporate Services Officer, Mr Samuel Koranteng. About MTN Ghana MTN Ghana is the market leader in the increasingly competitive mobile telecommunications industry in Ghana, offering subscribers a range of exciting options under Pay Monthly and Pay as You Go Services and Mobile Financial Services. The company has committed itself to delivering reliable and innovative services that provide value for subscribers in Ghana’s telecommunications market. Since its entry into Ghana in 2006, MTN has continuously invested in expanding and modernizing its network in order to offer superior services to a broad expanse of the nation. Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093

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MTN GHANA IMPLEMENTS NEW COVID – 19 RECOVERY LEVY MTN LOGO
Business

MTN GHANA IMPLEMENTS NEW COVID – 19 RECOVERY LEVY

MTN Ghana has announced an adjustment of its tariffs following the introduction of the 1%  Covid-19 Health recovery levy. The new levy takes effect from 1st May, 2021. Tariffs for all voice calls, data and SMS have been amended to reflect the new requirement. The adjustment will also be made across all services and platforms this includes Mobile bundle purchases and Usage, Fiber to the Home/Business , air time and bundle purchase through 3rd party Apps, Sunday special, Just4U, Jaara, VAS services, Roaming, IDD, reloads through voucher, EVD (Electronic Prepaid), MoMo and Postpaid. Commenting on the tariff adjustment, the Chief Corporate Services Executive Officer of MTN Ghana, Mr. Samuel Koranteng said, “we are implementing this marginal adjustment in our tariffs to comply with the new law”. Customers can find out more details of the new tariff plan on our website  www.mtn.com.gh and in selected newspapers. Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093

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MTN Ghana commits $149milion in total capex to meet the demand of digital services SELORM-ADADEVOH-CEO-OF-MTN-GHANA
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MTN Ghana commits $149milion in total capex to meet the demand of digital services

MTN Ghana’s operational performance in the first quarter was anchored on its execution of various ‘Ambition 2025’ initiatives in data, MoMo and digital services. Amid accelerated digitalisation, MTN has committed to spend $149 million in total capex in the year to meet the demand of digital services and help maintain the quality and availability of service for our data and Mobile Money customers. As part of MTN’s network expansion plan, the company rolled out 36 2G, 36 3G, 36 4G sites and modernized 223 existing sites to 4G sites in the quarter. This investment helped support 64.0% growth in data traffic and reach a total of 2,160 4G sites nationwide resulting in an increase in our 4G population coverage from 71.7% to 76.1%. Performance in the first quarter of 2021 was influenced by the protracted impact of the pandemic.  As a result of this MTN Ghana carried on with its work to support lives through its Y’ello Hope initiatives. Key amongst these initiatives is that as at April 5, 2021, MTN had delivered 356,000 doses of the AstraZeneca vaccine to support the Ghana Government’s efforts in fighting the COVID-19 pandemic.  This is part of the commitment made by MTN Group to provide US$25 million to support the African Union’s COVID-19 vaccination programme and help secure up to seven million doses of the vaccine for health workers across the continent. Operational review MTN’s subscriber base grew by 0.6 million to 25.0 million, as the company improved its network and customer experience. Continued demand for data and increased adoption of more digital payment services supported the company’s active data* subscribers’ growth of 0.4 million to reach 11.2 million and MoMo users growth of 0.1 million to reach 10.7 million. The number of MoMo merchants expanded by 11,000 to 183,000 and our agent network by 15,000 to 221,000. MTN also improved on its ayoba offerings with enhancements including payment integration and new business-to-customer channels. Additionally, MTN enhanced self-service offerings on myMTN app, introducing MoMo and mobile broadband channels to the app to improve the feature set and customer experience. Commenting on the quarterly results, the CEO of MTN Ghana, Selorm Adadevoh said, MTN remains committed to providing support to combat COVID-19. As we progress through 2021, we will remain focused on supporting our people, our customers and Government, while ensuring network resilience as this is critical to the continued recovery of the economy. Update on localisation of Scancom PLC and MobileMoney Limited MTN continues to work with the Government of Ghana and key regulatory stakeholders to achieve all agreed localisation requirements. MTN Group remains committed to sell a further 8.1% of its investment in Scancom PLC to achieve 25% localisation. MTN Ghana’s 25th anniversary This year marks MTN Ghana’s 25th anniversary, a significant milestone in our journey to provide vital telecommunication and digital services in Ghana. We have committed to contribute the equivalent of $25 million (or GH¢150 million) over three years to a fund supporting Ghana’s post-COVID-19 recovery efforts. It is our belief that this will go a long way to support digital ecosystem projects as part of government’s long-term transformation agenda. We will share more details as discussions progress. Outlook The company believes that the remainder of 2021 will be shaped by the extent of the impact of the COVID-19 pandemic. MTN Ghana remains committed to supporting government’s ambition of a digital Ghana and we have designated 2021 as the ‘Year of the customer: the digital experience’. We are excited about the opportunity to be part of the Ghana digital journey as we play our part through the many digital services. Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093

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ELI HINI APPOINTED AS FIRST CHIEF EXECUTIVE OFFICER OF MOBILEMONEY LIMITED ELI-HINI-CEO-MobileMoney-Ltd.
Business

ELI HINI APPOINTED AS FIRST CHIEF EXECUTIVE OFFICER OF MOBILEMONEY LIMITED

MobileMoney Limited (MML) , a wholly owned subsidiary of Scancom PLC announces the appointment of   Mr. Eli Hini as its first Chief Executive Officer. The appointment was made by the MML Board early this month indicating Eli’s responsibility to drive strategy, business development, innovation and relevant operations for MTN’s Mobile Money business. Prior to Eli’s appointment as Chief Executive Officer, he was the General Manager for MobileMoney Limited, a role he held for approximately five years. He was instrumental in setting up Mobile Money services in Ghana and growing the subscriber base, transaction volumes and value as well as revenue contribution. He also led the MTN Mobile Money business to receive ISO certification (ISO/IEC 12007: 2013 certification) in 2016 and the GSMA Mobile Money Certification in November 2019. Eli Hini is a Chartered Marketer with over 20 years’ experience and previously  held leadership positions in Unilever Ghana Limited and Coca-Cola Bottling Company Limited. He holds a Bachelor’s degree from the Kwame Nkrumah University of Science and Technology and a postgraduate diploma in Marketing from the Chartered Institute of Marketing, UK. Commenting on the appointment, the Chief Executive Officer for MTN, Mr. Selorm Adadevoh congratulated Eli Hini for his leadership drive that has resulted in the success of Mobile Money. He said, “the appointment of Eli Hini as CEO of MML is an affirmation of his leadership, dedication and success over the years to bring Mobile Financial Services / FinTech this far despite several challenges along the way.” “We are proud of Eli Hini and what he has brought to the Mobile Money and FinTech industry in Ghana and Africa. After working on the Mobile Money project from its inception, we believe his appointment will mark the beginning of a new chapter in the FinTech industry”, he added. Mobile Money was launched by MTN in 2009 to enable customers undertake transactions such as Money Transfer and Airtime Purchase. After 11years of its implementation, MTN Mobile Money has several services on its platform most of which have been designed in collaboration with other service providers like the Banks, FinTechs, Insurance Companies, State Institutions and many more. Mobile Money has chalked some significant successes since its inception. With less than 100,000 subscribers at the time of launch, MTN MoMo now has 17 million registered subscribers.  MTN MoMo works with 19 partner banks (after the initial 9) and more than 200, 000 Agents across the country. Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 05555568093

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MTN Ghana Foundation donates PPEs to Zuarungu Health Centre MTN Ghana Foundation official with Management of Zuarungu Health Centre in pose with the PPEs
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MTN Ghana Foundation donates PPEs to Zuarungu Health Centre

MTN Ghana Foundation has donated assorted types of Personal Protective Equipment’s (PPEs) to the Zuarungu Health Centre in the Bolgatanga East District of the Upper East Region. As part of the MTN Ghana Foundation’s contribution towards health care across the country, Zaurungu Health Centre in Bolgatanga East District of the Upper East Region has received its share of the COVID-19 Personal Protective Equipment (PPEs) from the Ghana leading telecommunication network MTN. Addressing staff of Zuarungu Health Centre and some other guests during the donation ceremony, Mr. Obed Adu-Amankwaah representative of MTN Ghana Foundation and the MTN Area Sales Manager, North Regions who presented the items to the management of Zuarungu Health Centre used the opportunity to commend health workers across the country especially those working at the Health Center for their dedication in the fight against COVID-19 in Ghana. “As tough as the circumstances have been, our health workers have been up to the task in the fight against this deadly virus. We say Ayekoo !!!. According to Mr. Adu-Amankwaah, “…during this pandemic, we have acknowledged that protecting health workers is paramount, yet there is a lack of PPE in some of our hospitals and health facilities.  Today, I am very pleased to be here on behalf of the MTN Ghana Foundation to make an intervention that is needed to protect health workers during this period. However, assorted items such as Face masks, coveralls, gloves, contactless thermometers, face shield, and mentholated spirit were handed over to the management of Zuarungu Health Centre on behalf of the health workers at the facility for onward protection against COVID-19. Mr. Adu-Amankwaah stressed, that the donation made at the Zuarungu Health Centre wasn’t an isolated one because MTN Ghana Foundation was making similar donations to 29 hospitals across the country. He said, MTN Group recently made a major move in the fight against this deadly virus COVID-19 by donating $25 million to the African Union to procure COVID-19 vaccines. “This partnership will provide 7 million doses of the COVID-19 vaccine for health workers across the continent, which will contribute to the vaccination initiative of the Africa Centres for Disease Control and Prevention (Africa CDC). 165,000 AstraZeneca vaccines have been received in Ghana and handed over to the Ministry of health”. “Additionally, MTN Foundation donated PPEs worth GHc 5 million to the National COVID Trust Fund and another donation of essential equipment to the Noguchi Memorial Institute for Medical Research to enable rapid testing and data processing. “MTN launched the “Wear it for Me” campaign to raise awareness about the importance of wearing face masks and also donated about over 85k KN 95 face mask to over 30 hospitals in all 16 regions”. He expressed However, he continued to encourage all Ghanaians to adhere strictly to all the safety protocols issued by local and global authorities in fighting this pandemic. Madam Aawulenaa Dorothy who received the Personal Protective Equipment’s (PPEs) on behalf of the Bolgatanga District Health Director described the donation as ‘timely’. Even though she acknowledges the interventions of some other well-meaning personalities and cooperate entities who have come to donate some PPEs to the facility in the fight against COVID, she believes the donation by MTN Foundation will go along way in sustaining the facility and its staff. She thanked MTN for their wonderful support so far since 2011 till date. “Before the year 2013, this facility you are looking at was in a very deplorable state and through the able leadership of the then facility in charge, one Madam Agatha and the then Regional Director of Health Service, they were able to put up a request through MTN and they came for an inspection to also assess the facility and see what they could do to help improve health care delivery to the population here and so after the assessment, they were able to take off the whole roofing and did a general renovation and even currently, the water we are using and enjoying was provided by MTN and that is something we are forever grateful. As I said earlier, we are always indebted to MTN. Madam Dorothy narrated to Apexnewsgh.com during an interview after the donation. Meanwhile, the in-charge at the Zuarungu Health Centre Mr. Abudu Malik who expressed massive satisfaction after receiving the donation from MTN Foundation representatives also assured putting the donations to good use. As Oliver twist, he appealed to MTN to assist them with an HP Analyzer. Richard Asamane, the Upper East Regional Territory Sales Manager of MTN thanked the management of the Zaurungu Health Centre for their wonderful reception as he reassured them that their doors at MTN are always open. Apexnewsgh.com/Ghana/Ngamegbulam Chidozie Stephen Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 0555568093

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MTN Ghana introduces new ID measures for Momo transactions MTN LOGO
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MTN Ghana introduces new ID measures for Momo transactions

MTN Ghana has announced new measures for its MoMo transactions. From 02 April, all MoMo customers will be required to present valid ID cards before any MoMo cash-out (withdrawal) transaction can be processed. As a result of the directive, all MoMo agents will be required to select the ID type and enter the ID card number presented by the customer before the transaction can be completed. Without a valid ID card, MoMo transactions will not be processed. The General Manager of MobileMoney, Eli Hini said the enforcement of this directive, apart from being a regulatory requirement, will also complement efforts being taken by MTN MoMo to curb MoMo fraud in the country. MobileMoney remains committed in the fight against MoMo fraud and will continue to implement measures that will make the service safer. The request for an ID card for MoMo transactions is not a new requirement. It has been part of the service offering from the start and is strictly enforced at MTN branch Offices or Service Centers nationwide. Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 0555568093

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Telecom giant MTN introduces exciting feature on MYMTN App Telecom giant MTN introduces exciting feature on MYMTN App
Business

Telecom giant MTN introduces exciting feature on MYMTN App

MTN Ghana has introduced features on the MyMTN App that give subscribers additional bonus bundles. Customers who use the myMTN App to purchase bundles for friends and family will receive 25% bonus on the bundles they send on their own account. The bonus package applies to both prepaid and post-paid Customers. For prepaid customers the 25% data applies to standard data bundles, social media bundles and video bundles whereas postpaid customers get to enjoy the 25% bonus on the prepaid data bundles they purchase on the app. Telecom giant MTN introduces exciting feature on MYMTN App Source: UGC MTN customers also get to enjoy bonus on ‘MusicTime’ on Mashup bundles. With a purchase of Mashup bundles of GHS10 or above for self or others, subscribers will enjoy 300mins free music streaming on MusicTime App available for Android users only. “We have had to augment the offerings on myMTN App to enhance user experience and also enable our Customers fully enjoy the benefits of a modern connected life”. The new features will encourage people to share data and also gain more time to enjoy entertainment content,” Dario Bianchi, Digital Transformation Lead of MTN Ghana said. MyMTN is a self-service app that allows an MTN Customer to manage their account and perform services such as “top-up airtime”, purchase data bundles, manage broadband accounts and transact using MTN MoMo wallet. Also, Customers have an easy to use app for everything MTN and they will not have to memorize a wide range of USSD codes for various services. New features are added to the app every month to improve the digital experience of all MTN Customers. Telecom giant MTN introduces exciting feature on MYMTN App Source: UGC MTN Customers can download myMTN app from the Play Store and App Store by searching for myMTN Ghana. The App currently has over half a million active monthly users. Google play store rating is at 4.1stars. READ ALSO GoTV Ghana contact number, customer care, phone, and email “MusicTime” is a time-based music streaming service that gives users access to premium top trending African and international music on their phones. MTN has themed 2021 as ‘The Year of the Customer: The Digital Experience’. As a result, the company continues to introduce packages aimed at making access to digital services more convenient for customers. Digital services available on MTN include: ayoba, Showmax and MTN Pulse. Customers should visit www.mtn.com.gh for more information. About MTN Ghana MTN Ghana is the market leader in the increasingly competitive mobile telecommunications industry in Ghana, offering subscribers a range of exciting options under Pay Monthly and Pay As You Go Services and Mobile Financial Services. The company has committed itself to delivering reliable and innovative services that provide value for subscribers in Ghana’s telecommunications market. Since its entry into Ghana in 2006, MTN has continuously invested in expanding and modernizing its network in order to offer superior services to a broad expanse of the nation. Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 0555568093

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