Chief Executive Officer of Mobile Money Fintech Limited, Shaibu Haruna, interacting with some shareholders
Shareholders of Mobile Money Fintech Limited (MMFL), operators of MTN Mobile Money, have approved key corporate and governance resolutions, including a dividend of GH¢0.03 per share for the first quarter of 2026.
The resolutions were approved at an Extraordinary General Meeting (EGM) held in Accra, where shareholders reviewed the company’s performance and endorsed measures aimed at enhancing governance and positioning the business for long-term growth.
Board Chair of MMFL, Victoria Bright, said shareholders granted critical approvals required for the company’s continued operations following its transition to Mobile Money Fintech Limited.
“MTN Ghana had already declared dividends in a similar amount of three pesewas per share. Together, for the first quarter alone, our shareholders will receive six pesewas per share from the two companies combined,” she disclosed.
Chief Executive Officer MMFL, Shaibu Haruna, said the company had moved from semi-annual dividend payments to a quarterly dividend structure, reflecting improved performance and a commitment to rewarding shareholders more frequently.
“The three pesewas per share that have been declared are a reflection of the company’s performance in the first quarter,” Mr. Haruna said.
He added that MMFL would continue to invest in innovative solutions to improve customer experience and strengthen the digital payments ecosystem.
“Our service is going to continue to be strong in terms of the innovation that we bring into the ecosystem,” he stated.
Mr. Haruna also highlighted the growing threat of digital fraud and reiterated the company’s commitment to working with industry stakeholders to address the challenge.
“We are working with our partners and ecosystem actors to combat the digital fraud we continue to see in the market. It is something we have taken very seriously,” he said.
He referenced the company’s recently launched white paper, Uniting Against Digital Fraud: Strengthening Ecosystem Collaboration in Ghana’s Digital Financial Services Sector, describing it as a demonstration of MMFL’s commitment to tackling fraud across the industry.
“The white paper reflects how critical this issue is for us and for the industry as a whole. We will continue to work with our partners to ensure that we collectively address these challenges,” he added.
BY Prince Fiifi Yorke