MTN Rwanda profit drops on credit costs, weak franc
The telco blames the drop in net earnings on increasing financing costs, weakening currency, forex shortages and the elimination of the local Mobile Termination Rates.
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The telco blames the drop in net earnings on increasing financing costs, weakening currency, forex shortages and the elimination of the local Mobile Termination Rates.
MTN Rwanda has been announced as the Official Digital Partner for the 2024 Basketball Africa League (BAL) Playoffs and Finals, set to take place at BK Arena in Kigali. This partnership aims to enhance the digital experience for fans through a range of initiatives, including promotions, sweepstakes, and access to…
Driven to offer Africans hope, dignity and opportunity, MTN Group this week celebrated the 25th anniversary of MTN Rwanda at a gala event attended by President Paul Kagame and other dignitaries.
MTN Rwanda reported an increase in revenue from $90.3 million to reach $103.6 million.
MTN Rwanda and MTN Uganda generated strong performances, strengthening their market positions in their respective countries