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KANZA CAPITAL PARTNERS · PUBLIC EVIDENCE RECORD

MTN Uganda Limited

USE:MTNU · market observation as at 2026-08-06
Market priceUGX 435delayed market price
12-month price-only change+67.53%2025-07-312026-06-30
Official observations12monthly
Largest disclosed holder76.01%MTN International (Mauritius) Limited · 2024-12-31
Revenue from contracts with customersUGX 3.60tnFY2025
Profit for the yearUGX 678.8bn+5.80% vs prior year
Net cash generated from operating activitiesUGX 712.1bnFY2025
Latest dividend recordUGX 29/shareFY2025 · paid

Market facts retain the home exchange date and cadence. Financial and ownership facts retain issuer documents and locators. Missing facts remain missing.

Information and education only, never advice, a recommendation or an offer. Printed from https://kanzacapitalpartners.com/companies/mtn-uganda.

Ushahidi wa ummaUko hapa

Ukweli wenye chanzo unabaki wazi.

Bei na ukwasiFedha zilizoripotiwaUmilikiNyaraka na gawio
Eneo la kazi la wanachama

Usaidizi wa maamuzi huanza nyuma ya mpaka.

Matukio, unyeti, maswali ya ufuatiliaji na mchakato wa uundaji wa modeli.

Gundua ufikiaji wa wanachama

01 · Chumba cha ushahidi

Soma kampuni kupitia njia saba za ushahidi.

Kila lenzi ina kipimo chake; huu si alama moja, utabiri wala upangaji wa kampuni.

Wasifu wa msingi wa ummaLenzi tano huru
Five independent scales. Change: −50% to +50%; balance: 0 to 100%; dividend reference: 0 to 10%; continuity is venue-cadence completeness. Missing facts stay open.
01 · Market path+67.53% record change2025-07-31 to 2026-06-30 · official report-month prices02 · Reported earnings+5.80% profit for the yearFY2024 → FY2025 · audited group series03 · Balance-sheet funding22.9% equity / assetsFY2025 · audited group statement04 · Cash distributionUGX 29 / shareFY2025 · paid; reference ratio is descriptive only05 · Trading continuity12 official observationsTwelve USE report months; no daily path is inferred
Kilichobadilika
Uchunguzi wa mwisho
Mapengo ya ushahidi
Hayakadiriki
  • Bid-ask spread and executable trade size are not verified.
  • USE daily history is unavailable; monthly reports are not expanded into daily prices.
  • Cross-currency and total-return comparisons are withheld unless dates, dividends and FX treatment match.

Bei ya MTNU imebadilikaje katika rekodi rasmi inayopatikana?

Rekodi ya bei ya miezi 12

Mwanzo wa kipindi25531 Jul 2025
Bei ya mwisho42730 Jun 2026
Mabadiliko ya kipindi+67.5%+172

Kufikia 30 Jun 2026 · Chanzo: Uganda Securities Exchange monthly market-performance reports. Thamani kamili na mbinu zinabaki katika jedwali la ushahidi tuli lililo hapa chini.

2025-07-31: UGX 255 · 2026-06-30: UGX 427.2. The 6 August delayed quote is shown in the market card, not spliced into the month-end series.

03 · Usomaji wa maelezo

Mitazamo mitatu ya rekodi moja.

Mabadiliko haya yanaonyesha mwendo na nafasi iliyorekodiwa, si utabiri, mapato ya jumla au makadirio ya thamani.

Mabadiliko ya rekodi inayopatikana+67.53%
2025-07-31UGX 255
2026-06-30UGX 427.2
Mwelekeo uliorekodiwa hivi karibuni−9.91%

Last 3 recorded report months · no calendar-time substitution.

04 · Umiliki na uwezo wa kuuzwa

Umiliki ulioripotiwa, bila kukisia hisa zinazoweza kuuzwa.

The cited filing accounts for the complete issued-share structure. Registered ownership remains separate from tradable free float, bid-ask depth and executable size.

Shareholding reported at 2024-12-31

MTN International (Mauritius) Limited is the largest disclosed holder at 76.01%.

  1. 01MTN International (Mauritius) Limited76.01%
  2. 02National Social Security Fund11.75%
  3. 03Charles Mbire4%
  4. 04Other registered holders (derived residual)8.24%
Strategic shareholder
76.01%
Institutional shareholder
11.75%
Other registered holdings
12.24%

The residual is calculated from reported issued shares after the three named holdings. Registered ownership is not verified tradable free float.

Disclosure scopeCompleteFY2024 annual report · FY2024 annual report · analysis of shareholders at 31 December 2024
Registered shareholders20,427Source-dated count only; no holder activity is inferred
Issued shares22,389,044,239Reported share count, not a liquidity measure
Latest recorded volume24,5502026-08-06 USE observation · not a typical-liquidity estimate
Open the ownership source · FY2024 annual report · analysis of shareholders at 31 December 2024

04b · Classification and evidence sequence

From company record to listed tape.

This is an evidence sequence, not a causal model. A missing filing cannot be replaced by a price, and a price move cannot prove an operating cause.

01

Official disclosures

5 retained sourcesOfficial annual, quarterly and sustainability report suites
02

Reported business evidence

12 comparable seriesFY2025 and FY2024 comparative · audited group statements
03

Capital and governance record

76.01% largest holderFY2024 annual report · FY2024 annual report · analysis of shareholders at 31 December 2024
04

Listed market record

UGX 4352026-08-06 · USE · delayed market price
Market classificationTelecommunications

Ugandan telecommunications and mobile-financial-services operator listed on the Uganda Securities Exchange.

Mwenendo ulioripotiwa · ushahidi wa chanzo

Vipindi viwili, chanzo kimoja kilichohifadhiwa, bila kuchanganya misingi.

Chagua kipimo kulinganisha matokeo ya kundi ya vipindi vinavyofuatana yaliyochapishwa katika chanzo kilekile kilichohifadhiwa. Hali ya ukaguzi inaendelea kuonekana. Hii ni historia iliyoripotiwa, si utabiri wala alama ya ubora.

Revenue from contracts with customersUGX 3.60tnFY2024 UGX 3.17tn -> FY2025 UGX 3.60tn
Faida ya uendeshajiUGX 1.39tnFY2024 UGX 1.16tn -> FY2025 UGX 1.39tn
Faida kabla ya kodiUGX 1.13tnFY2024 UGX 920.7bn -> FY2025 UGX 1.13tn
Faida ya mwakaUGX 678.8bnFY2024 UGX 641.5bn -> FY2025 UGX 678.8bn
Jumla ya maliUGX 5.36tnFY2024 UGX 4.67tn -> FY2025 UGX 5.36tn
Jumla ya mtajiUGX 1.23tnFY2024 UGX 1.20tn -> FY2025 UGX 1.23tn
Mobile-money trust-account balancesUGX 1.46tnFY2024 UGX 1.35tn -> FY2025 UGX 1.46tn
Mobile-money depositsUGX 1.46tnFY2024 UGX 1.35tn -> FY2025 UGX 1.46tn
Net cash generated from operating activitiesUGX 712.1bnFY2024 UGX 678.2bn -> FY2025 UGX 712.1bn
Purchase of property, plant and equipment−UGX 412.5bnFY2024 −UGX 376.9bn -> FY2025 −UGX 412.5bn
Cash and cash equivalents at year endUGX 388.0bnFY2024 UGX 152.0bn -> FY2025 UGX 388.0bn
Faida ya msingi na iliyopunguzwa kwa kila hisaUGX 30.32FY2024 UGX 28.65 -> FY2025 UGX 30.32
Rekodi ya marejesho ya mtaji

Hali ya gawio, si namba pekee.

Vighairi vya ushahidi · 2
taarifa · imedhibitiwaTrust-account balances equal mobile-money deposit liabilities in the audited statement.

The asset and liability are separate statement rows and must not be netted.

taarifa · imedhibitiwaThe official audited PDF is image-based.

Automatic text extraction returns no statement text.

05 · Leja kamili

Kila mstari mkuu ulioripotiwa, si vichwa vya habari pekee.

Thamani za kundi kutoka chanzo kimoja kilichokaguliwa. Vitengo vya chanzo vimebadilishwa kuwa milioni za sarafu; ishara hasi na mistari ya jumla imehifadhiwa.

Profit or loss and comprehensive incomePDF p. 12 · 20 rows
MTN Uganda Limited Profit or loss and comprehensive income, FY2024 and FY2025
MstariFY2024FY2025
Revenue from contracts with customersUGX 3.17tnUGX 3.60tn
Other incomeUGX 878.5mUGX 3.1bn
Direct network operating costs−UGX 351.0bn−UGX 388.5bn
Government and regulatory costs−UGX 78.0bn−UGX 80.1bn
Cost of handsets and other accessories sold−UGX 30.9bn−UGX 31.5bn
Interconnect and roaming−UGX 130.8bn−UGX 125.4bn
Employee benefits expenses−UGX 151.5bn−UGX 176.6bn
Selling, distribution and marketing expenses−UGX 543.0bn−UGX 633.8bn
Impairment loss on trade receivables−UGX 15.7bn−UGX 21.9bn
Other operating expenses−UGX 217.4bn−UGX 212.0bn
Depreciation of property, equipment and right-of-use assets−UGX 408.4bn−UGX 463.2bn
Amortisation of intangible assets−UGX 87.4bn−UGX 87.2bn
Operating profitUGX 1.16tnUGX 1.39tn
Net foreign-exchange losses−UGX 2.6bn−UGX 4.5bn
Finance incomeUGX 54.2bnUGX 68.7bn
Finance costs−UGX 290.4bn−UGX 316.6bn
Profit before taxUGX 920.7bnUGX 1.13tn
Income tax expense−UGX 279.1bn−UGX 455.9bn
Profit and total comprehensive income for the yearUGX 641.5bnUGX 678.8bn
Basic and diluted EPS (UGX/share)UGX 28.65UGX 30.32
Financial positionPDF p. 13 · 26 rows
MTN Uganda Limited Financial position, FY2024 and FY2025
MstariFY2024FY2025
Property, plant and equipmentUGX 1.26tnUGX 1.53tn
Right-of-use assetsUGX 1.16tnUGX 1.25tn
Intangible assetsUGX 379.7bnUGX 352.7bn
Deferred tax assetsUGX 18.3bnUGX 13.9bn
Non-current contract assetsUGX 33.1bnUGX 39.0bn
Prepayments and advances to business partnersUGX 57.0bnUGX 51.5bn
Total non-current assetsUGX 2.91tnUGX 3.24tn
InventoriesUGX 8.1bnUGX 5.9bn
Income tax recoverableUGX 3.4bnUGX 0m
Current contract assetsUGX 35.2bnUGX 51.1bn
Trade and other receivablesUGX 209.6bnUGX 217.7bn
Trust-account balancesUGX 1.35tnUGX 1.46tn
Cash and cash equivalentsUGX 152.0bnUGX 388.0bn
Total current assetsUGX 1.76tnUGX 2.12tn
Total assetsUGX 4.67tnUGX 5.36tn
Ordinary share capitalUGX 22.4bnUGX 22.4bn
Retained earningsUGX 1.17tnUGX 1.20tn
Total equityUGX 1.20tnUGX 1.23tn
Total non-current liabilitiesUGX 1.27tnUGX 1.43tn
Trade and other payablesUGX 540.5bnUGX 742.1bn
Current borrowingsUGX 22.4bnUGX 80.7bn
Current lease liabilitiesUGX 193.2bnUGX 299.3bn
Mobile-money depositsUGX 1.35tnUGX 1.46tn
Total current liabilitiesUGX 2.21tnUGX 2.70tn
Total liabilitiesUGX 3.47tnUGX 4.13tn
Total equity and liabilitiesUGX 4.67tnUGX 5.36tn
Changes in equityPDF p. 14 · 4 rows
MTN Uganda Limited Changes in equity, FY2024 and FY2025
MstariFY2024FY2025
Equity at start of yearUGX 1.01tnUGX 1.20tn
Profit and comprehensive incomeUGX 641.5bnUGX 678.8bn
Dividends paid−UGX 459.0bn−UGX 649.3bn
Equity at year endUGX 1.20tnUGX 1.23tn
Cash flowsPDF p. 15 · 21 rows
MTN Uganda Limited Cash flows, FY2024 and FY2025
MstariFY2024FY2025
Cash generated from operationsUGX 1.65tnUGX 2.05tn
Interest receivedUGX 51.1bnUGX 54.9bn
Interest paid on mobile-money deposits−UGX 39.6bn−UGX 37.1bn
Interest paid on borrowings−UGX 25.9bn−UGX 23.4bn
Interest paid on lease liabilities−UGX 214.2bn−UGX 231.6bn
Interest on financial liability−UGX 8.8bn−UGX 7.0bn
Dividends paid−UGX 459.0bn−UGX 649.3bn
Income tax paid−UGX 276.3bn−UGX 444.9bn
Net cash generated from operating activitiesUGX 678.2bnUGX 712.1bn
Purchase of property, plant and equipment−UGX 376.9bn−UGX 412.5bn
Proceeds from disposal of property, plant and equipmentUGX 1.2bnUGX 1.2bn
Purchase of intangible assets−UGX 37.5bn−UGX 62.3bn
Net cash used in investing activities−UGX 413.2bn−UGX 473.6bn
Repayments of borrowings−UGX 253.7bnUGX 0m
Proceeds from borrowingsUGX 80.0bnUGX 222.0bn
Payment of lease-liability principal−UGX 164.2bn−UGX 203.2bn
Payment for financial liability−UGX 22.4bn−UGX 23.7bn
Net cash used in financing activities−UGX 360.2bn−UGX 4.9bn
Net increase/(decrease) in cash and cash equivalents−UGX 95.2bnUGX 233.6bn
Effect of exchange-rate changesUGX 8.6bnUGX 2.4bn
Cash and cash equivalents at year endUGX 152.0bnUGX 388.0bn
audited · FY2025 and FY2024 comparativeSHA-256 38e2443c3ed62a4edf06b5bf82785eda3107de9e718c2700c6138f1bf98d6b60
Fungua chanzo

05 · Ushahidi ulioripotiwa na kampuni

Ni nini kinachoweza kufuatiliwa hadi hati iliyohifadhiwa?

Market dates and reporting periods remain separate. The official archive is indexed, while normalized on-page coverage is stated independently.

Official issuer archive

MTN Uganda reports suite

Official annual, quarterly and sustainability report suites.

Normalized on this pageFY2025 and FY2024 comparative audited primary statements

The official archive is a discovery register. Older documents are linked but are not represented as normalized time-series observations until document-level extraction and locator review pass.

Open official archive
  1. 01
    USE delayed market data · MTNUUganda Securities Exchange · 6 Ago 2026
  2. 02
    Monthly market-performance archive · July 2025 to June 2026Uganda Securities Exchange · 30 Jun 2026
  3. 03
    Annual financial results for the year ended 31 December 2025MTN Uganda via Uganda Securities Exchange · 31 Des 2025
  4. 04
    MTNU listed-security pageUganda Securities Exchange · 6 Ago 2026
  5. 05
    FY2024 annual report · shareholder analysisMTN Uganda Limited · 31 Des 2024
  6. 06
    Uganda Securities Exchange monthly market-performance reports2025-07-312026-06-30 · 12 observations
Market authorityUganda Securities Exchangedelayed market price
Financial evidenceauditedFY2025 and FY2024 comparative
Ownership evidencecomplete structure2024-12-31 · not free float
Currency boundaryUGXNo cross-currency return translation

06 · Leja ya hatari ya ushahidi

Ukurasa huu hauwezi kuthibitisha nini.

Trust is the discipline of showing exactly where evidence becomes thin, differently timed or non-comparable.

01

Ukwasi wa kipindi

Latest observation only24,550 shares are attached to the dated market observation. One observation does not establish average daily volume or executable size.
02

Ufunikaji wa historia

12 monthly observations2025-07-31 to 2026-06-30. Missing exchange dates are not filled, and monthly reports are not expanded into synthetic daily prices.
03

Kina cha nyaraka

2 normalized audited periodsOfficial annual, quarterly and sustainability report suites. The wider official archive is indexed for discovery; only FY2025 and FY2024 comparative audited primary statements currently enters comparable on-page series.
04

Mpaka wa ulinganisho

UGX · USECross-currency returns, total-return rankings and regional peer claims stay absent unless dates, dividends, FX treatment, units and reporting perimeters align.

07 · Jinsi ya kutumia rekodi hii

Fuata mpaka wa chanzo, si mapambo.

Each number is either a primary-source fact, a labelled calculation from cited inputs, or absent. The page does not bridge a missing fact with an estimate.

01 · Market authorityUganda Securities Exchange

The price record keeps its official venue cadence, date and currency. Missing dates remain missing.

Open exchange source
02 · Issuer authorityMTN Uganda reports suite

The archive supports discovery. Values enter the fact layer only with a retained document, period, locator and review state.

Open issuer archive
03 · CalculationsExact periods in, labelled changes out

Percentage change equals current divided by prior comparable observation minus one. No FX or dividend adjustment is implied.

04 · Missing evidenceNull beats a plausible estimate

Tradable free float, bid-ask depth, executable size, consensus and cross-market total returns stay absent until comparable evidence supports them.

Portable evidence

Take the record with its source trail attached.

Read the complete verification note

Regional issuer records use official exchange and issuer disclosures. Completed-session closes and delayed current quotes remain distinct. Twelve-month price paths retain each venue's honest cadence: daily official NSE closes for Safaricom and 12 official USE report-month observations for MTN Uganda because the USE daily-history endpoint returned no observations. Price changes are descriptive and price-only; financial statements retain audit status, period, currency, source hash and PDF locators.

Official archive breadth and normalized analytical depth are distinct. Listing an older document does not make its values comparable or part of the page until extraction and locator review pass.

Information and education only, never investment, legal or tax advice, a recommendation, an offer or a solicitation.

08 · Mpaka wa bidhaa

Ukweli wa umma unaishia hapa. Njia ya chanzo inaendelea.

Keep exploring sourced East Africa records in public, or enter the member workbench for scenarios, sensitivities and monitoring workflow.