HiPipo Money

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The long awaited Bell Fiesta in MUK that was held in co junction with the annual Lumbox carnival started out as a cold and frosty one ended in pomp and excitement as students of Makerere University warmed up to the extravaganza that has excited revelers across the country.

Held on Saturday at the Makerere University Sports Grounds, thousands of students from the university turned up in a bid to celebrate the long tradition of Lumbox, the name given to the solidarity between Mary Stuart and Lumumba Halls of residence that unites students from the two halls in a number of events.

With events including the culture week, porridge night and a reunion dinner with former residents that was very exciting this year, the Lumbox Carnival turned out to be a thrilling affair as the Bell Fiesta took its great combination of music and soccer to East Africa’s oldest University giving an unforgettable experience to the students’ community.

From soccer activities like Timed Dribbling, Computer Football Gaming, Inflatable Goal Penalty Shootouts and Foosball, the party went on well into the night as teams competed against each other in an evening that can only be described as chilly but entertaining. Sumbiz, PDA, Super Strikas and Hanks were the teams that were formed to battle it out in the ultimate thriller the Human Table Foosball which is a life-size simulation of the table-top foosball version.

Team PDA emerged the winners of the night against Team Sumbiz with a score of 2-1.The winner of the night walked away with 400,000 UGX and prizes like t-shirts and flash disks.

Speaking at the event Robert Nsibirwa Bell Lager Brand Manager said “We are more than delighted to be part of the Lumbox carnival, one of the oldest events in the history of  Makerere University as Bell lager we continue to deliver the Bell Fiesta as  it is great games, great fun and it is 100% Bell Lager.”

There was a wide variety of musical talent with performances from upcoming musicians, campus artistes and influencers, the young and hip bell buzz dancers and the renowned Cindy, Irene Ntale, Mun G, Big Trill from Baboon Forest.

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Shareholder approval on the capital increase is a key step in a process that will see Citadel Capital transform into an investment company;

The capital increase will in part result in the firm acquiring majority control of most of its platform companies in five core industries: energy, transport, agrifoods, mining and cement

Shareholders of Citadel Capital (CCAP.CA on the Egyptian Exchange), the leading investment company in Africa and the Middle East with US$ 9.5 billion in investments under control, approved on 20 October 2013 the launch of an EGP 3.64 billion capital increase at an extraordinary general meeting (EGM) held yesterday in Cairo.

The share issuance will be at par value (EGP 5) and would see the firm’s paid-in capital rise to EGP 8.0 billion from EGP 4.36 billion.

The share issuance is part of the firm’s transformation from the largest private equity firm in Africa into the leading investment company in the region. Citadel Capital will use the share issuance to reach majority ownership in most of its platform companies, in particular the firm’s subsidiaries in its five core industries: energy, transportation, agrifoods, mining and cement.

The firm plans to exit non-core investments over the coming few years as it transforms its business model to become an investment company.

“Approval to launch the capital increase signals clear shareholder confidence in our transformation into an investment company,” said Citadel Capital Chairman and Founder Ahmed Heikal. “The long-term holding periods permitted by the new model will allow Citadel Capital to maximize value creation through a balanced portfolio that includes a healthy mix of both assets that provide stable dividend streams and that are cash generative, and others that are in high-growth phases.”                                                                                                                                           

Yesterday’s EGM called on shareholders to subscribe to 728,375,000 newly issued shares, of which 182,093,750 are preferred shares and 546,281,250 common shares.

Shareholders will participate in the share issuance on a pro-rata basis.

The EGM also authorized Heikal, in his capacity as chairman, to announce the subscription period and to call for a subsequent subscription round in the event that the share issuance is not fully subscribed in the first instance, all according to the relevant rules and regulations of the General Authority for Investment (GAFI) and the Egyptian Financial Supervisory Authority (EFSA).

The EGM has also mandated that the Board of Directors amend articles 6 and 7 of the company’s articles of incorporation, while taking all necessary measures to ensure the firm’s compliance with Article 27 and Executive Regulation Number 122 of the Capital Markets Law, to which the firm is subject as a company involved in establishing and raising capital for other legal entities.

Attendees at the Extraordinary General Meeting were informed of all resolutions concluded during a previous ordinary general meeting (OGM) held on 2 June 2013, which ratified valuation reports on the fair value of platform companies that have been completed by HC Securities (an independent financial consultant certified by EFSA), and ratified by shareholders along with the relevant auditor’s report. At the OGM, shareholders also voted to allow Citadel Capital’s Board of Directors to execute the acquisition of the additional stakes in the company’s subsidiaries. These purchases will be settled through the proposed issuance of shares to which participating LPs have undertaken to subscribe.

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1. How was your experience on Tusker Project Fame show?

The experience was priceless and so beautiful we had a lot of fun with other contestants from all East Africa and we made lots of friends. Generally it was a once in a lifetime experience

1. What have been your most memorable moments in the Tusker Project Fame show so far?

All moments were memorable but the tour to the media center was massive because we enjoyed every bit of it from the limo to the fans screaming out names.

2. What challenges did you face in the house?

At times when the other contestants spoke Swahili we felt left out and also the song choices were also a major challenge we faced.

3. Any friendships you made whilst you were in the academy?

Apart from the Ugandans, we got close to Jennifer, Bior, Patrick, Mishel, Hope, Fess, Hisia, Amosho, Angela, Nyambura, Phionah…actually almost everyone!

4. What do you have planned next now that you are out of the academy?

We are going to push our music to the extremes now that we’ve gotten exposure, we can’t wait to get into the studio and start recording.

5. What words of wisdom do you have for contestants who are still in the Tusker Project Fame academy or those who want to audition next year?

To all the contestants and those who would like to audition is that dreams come true if they keep fighting for the dreams they have. It is never easy but it’s worth the fight.

6. Any predictions on who may win this year?

Kojjo or Daisy might win but only if Ugandans are willing to support them.

7. How can your fans get to hear more from you?

Let them follow us on Facebook, the fan page is “Undercover Brothers UG”

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Marketers in Uganda have today unanimously pledged to scale the industry higher in 2014 and move their portfolios from Good to Great during the 3^rd and final Marketers Night for 2013 held at the Kampala Serena.

With a key note speech from Founding Director of The Motivator Africa, Mr. Pepe Minambo on “New Frontier Thinking: How Mavericks Move Businesses from Good to Great”, the huge get-together of marketing professionals noted that the industry has his year performed well but observed that more can be done as regards world class standard marketing.

The glamorous event afforded guests the chance to network and interact with their peers from various corporate companies, government agencies and business leaders who all echoed the message from echoed Mr. Pepe Minambo.

Marketers Night Out has throughout the year attracted some well-known industry players and speakers to dialogue and share their expertise. Mr. Pepe Minambo, a Congolese national began his motivational forums back in 2002 and has been inspiring audiences since with talks about self-awareness, self-actualization and community aspiration, the three pillars of his motivational talks. His Keynote was “New Frontier thinking: How mavericks move business from Good to Great” inspired a great number of professionals.

The Tusker Malt Lager sponsored gala dinner is a culmination of a program of events, exclusive to TML 100 Club members. Considered a key business and networking event in Uganda, the Marketers night puts the gift of talking and making new connections at the core of what it means to be a great business.  The exclusive evening provides a unique opportunity for entrepreneurs and business managers to interact and exchange ideas.

Speaking at the event, Uganda Breweries Limited, Marketing Director Mrs. Grace Nshemeire Gwaku said: “Through your presence here, you have not only successfully introduced your company and brand  to another person or business market but you have also been able to see  the enormous talent and creativity that is now so much a part of Uganda’s marketing and business industry. I hope that all of your diners have enjoyed the opportunity to meet up with peers and new acquaintances and forge new working relationships and friendships. I really look forward to seeing the results of these collaborations in future.”

Along with helpful information to help elevate businesses and marketing strategies the night’s entertainment also included a full quiz session at the forum where dinner guests competed for a grand prize of UGX 2,000,000 in categories of Anthems, Brands, Music, Movies, Places, and Faces.

Team “Synergies” emerged the winners of the quiz and walked away with 2,000,000 Ugx in cash at the end of the night. Tusker Malt Lager will continue to bring the Kampala Marketers Night as their commitment to growing the marketing industry of Uganda.

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MTN Uganda has partnered with AON and Jubilee Insurance to launch “MTN LifeCare”, a life insurance policy, which MTN customers can subscribe to through MTN Mobile Money services. Ugandans can buy “MTN LifeCare” life insurance for UShs. 7,500/- to 22,500/- per year which will provide death benefits of UShs. 1,000,000 to UShs. 5,000,000 respectively.

‘MTN LifeCare’ is the most affordable life insurance ever launched in Uganda and the package has been uniquely crafted exclusive to MTN Mobile Money customers. By doing so, MTN Uganda continues to lead innovation by becoming the first company in Uganda to offer affordable life insurance services paid through Mobile Money in partnership with AON Uganda & Jubilee Insurance.

In a first partnership with AON, Uganda’s largest Insurance Broker, the MTN Mobile Money service will initially focus on life insurance named ‘MTN LifeCare’ which enables a registered MTN Mobile Money customer to get a life insurance cover which upon their death will enable their chosen beneficiary to receive a lump sum payment to support them.

Explaining the registration procedure, MTN Chief Marketing Officer, Ernst Fonternel said that a customer can simply dial *221# to get insured. They currently offer three cover options and different pay out values upon death of the insured MTN customer. According to Fonternel, the options include the following:

“MTN LifeCare customers is entitled to choose one beneficiary per package and is also free to change the beneficiary at any time during the cover period. However, one can only take out one insurance policy per year. For one to qualify as a beneficiary they must be an MTN customer. Non-registered MTN Mobile Money customers can also register for ‘MTN LifeCare’, and their loved ones can pay on their behalf via Mobile Money.” said Fonternel.

“Life is unpredictable but with MTN LifeCare, MTN customers can count on their Mobile Money accounts to secure the future of their families in a simple, yet cost effective and reliable way. It’s a great addition to the innovative Mobile Money services already offered by MTN.” Fonternel added.

“MTN Mobile Money is making a significant contribution in realizing real achievements in respect of financial inclusion in Uganda, and we are proud to spearhead a new dimension in Mobile Money convenience through partnering with key service providers to continue giving Ugandans world class and universal access to Mobile Money services.” Fonternel concluded.

On his part, the Aon Director Large Clients/Business Development, Jeremy Kirkland welcomed the partnership with MTN adding “This groundbreaking insurance cover provides trusted security that is designed to meet the real needs of Ugandans at a price they can afford. There is no need for medical checkups or complicated application forms. Subscribers simply enroll via their phone and the cover is immediately effective upon payment of the premium by the Mobile Money customer”. He said the premium will be paid as a one off lump sum and the cover expires after 12 months upon which the customer can choose to renew it.

“The cover is very clear. Death from accidents is covered from day one and even death from sickness and natural causes are covered after the first 60 days.”

Patrick Kimathi, Manager Life and BancAssurance at Jubilee Insurance, Uganda’s largest Insurer said “The claims process is very simple. Payout cash upon the death of the insured is processed via Mobile Money within 48 hours upon receipt of the complete claim documents by Jubilee Insurance.  A claim form shall be gotten from any MTN Service Centre or Dealer outlet or downloaded from the Jubilee website www.jubileeinsurance.com from where it will also be returned for onward delivery to the Jubilee head office. Filled claim forms can also be emailed directly to life@jubileeuganda.com

MTN Uganda has enjoyed unprecedented success since it was launched 4 years ago, now registering in excess of 28 million transactions each month. According to the central bank, Mobile Money transactions totaled Ushs11.7 trillion in 2012, which was a 211% increase since 2011. MTN continues to lead Mobile Money in Uganda with almost 5 million registered users since their launch in 2009.

As per the GSMA 2012 Global Mobile Money adoption survey, MTN Uganda ranks 2nd in terms of number of active Mobile Money customer accounts in the world.

Join the new world of Better Money, register for MTN Mobile Money today.

About MTN Uganda

Launched in 1998, MTN Uganda is the leading communications operator in Uganda, offering Mobile and Fixed telecommunications, Mobile Money Services and Internet Service Provisioning. As of 30 September 2013, MTN Uganda recorded 8.4 million subscribers across Uganda. Visit us at www.mtn.co.ug and for our football fans www.mtnfootball.com. Customers can also follow us on www.youtube.com/mtnug and www.twitter.com/mtnugandacare for assistance.

About the MTN Group

Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN.” As of 30 September 2013, MTN recorded 203.8 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit. Visit us at, www.mtnbusiness.com , www.mtn.com www.mtnmmo.com  and for our football fans www.mtnfootball.com

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Johannesburg – The power of Mobile Money as an enabler of financial transactions is beginning to gain ground in Africa. Uganda is a case in point, where more than half of MTN’s customers are Mobile Money enabled and generate over 25 million transactions each month.

These were some of the insights shared earlier today by Shaibu Haruna, MTN Uganda General Manager for Sales and Distribution, as he addressed delegates at the 16th annual AfricaCom conference currently underway in Cape Town. Haruna was part of a panel discussion on “How do mobile money services fit within mobile operators strategies?”.

Haruna said the mobile money service is rapidly evolving to allow customers to perform a myriad of transactions including money transfers, payments of goods and services and international remittance. However, he warned that approaching mobile money as just another Value Added Service would be detrimental to the success of the service.

“It is common practice for Mobile Network Operators to approach mobile money deployments as another value added service but are quick to realise that mobile money is a far more demanding service that requires a completely new skill set, organisational design and route to market to make it meaningful.”

He said that the benefits of the mobile money service include a contribution to revenue of the operator, an impact on churn and Average Revenue Per User, as well as an opportunity to leverage on the mobile money agent network, adding that deliberate investment is required from mobile operators, to realise such benefits.

“Building a sustainable mobile money ecosystem requires sustained investment in the technology platform, agent network and consumer education. Key areas of investment include agent training, branding, trade incentive and support. The demands on above-the-line and below-the-line campaigns using foot soldiers have proven impactful but could be costly, especially in the short-run,” said Haruna.

He concluded, that agent network design, speed of product innovation, and ease of use will remain key to market leadership when it comes to mobile money.

Haruna was the first of four MTN speakers at the AfricaCom conference. Tomorrow, MTN Group Chief Commercial Officer, Pieter Verkade, will join a panel of speakers to deliberate on “unleashing Africa’s creativity for digital consumers”, followed by MTN Ghana Executive for Customer Service Jemima Kotei, who will be talking the “do’s and don’ts of CEM strategies in Africa”. On the third and final day Kanagaratnam Lambotharan, Chief Enterprise Business Officer at MTN South Africa will deliver a presentation on “guaranteeing quality connectivity across the African continent”. 

– Issued by MTN Group Corporate Affairs

About the MTN Group

Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities

Exchange in South Africa under the share code: “MTN.” As of 30 September 2013, MTN recorded 203.8 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit. Visit us at, www.mtnbusiness.com , www.mtn.com  www.mtnmmo.com   and for our football fans www.mtnfootball.com

About MTN Mobile Money

MTN Mobile Money enables users to do national and international money transfers, make utility and other service payments, purchase airtime, access insurance and financial products and make retail payments. At 30 September 2013, MTN Mobile Money had 13,4 million registered users, and was available in 13 countries. 

About AfricaCom 2013

AfricaCom is Africa’s largest communications conference & exhibition.  Now in its 16th year, the conference features more than 350 exhibitors and 8 000 senior decision-makers representing the entire communications ecosystem across Africa.

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• New customers have been given an exciting entry point to world of Entertainment
• The special offer includes is a FULLY INSTALED Dstv kit
• The campaign takes effect from  15^th November, for a period of 2 months while stock lasts

DStv is here again with good tidings announcing the much anticipated festive season campaign where potential premium subscribers can purchase a fully installed DStv kit at UgX215, 000 exclusive of subscription.

This year’s campaign has been tailored to suit the customer’s preference, where customers can make a choice of a desired bouquet at a special price; and they will be required to pay for at least one month’s subscription.

The campaign that takes effect from 15th November, for a period of 2 months will enable customers purchase a fully installed kit. This applies to all our bouquets;

1. Compact Plus at UgX.269,000;
2. Compact at UgX.299,000;
3. Family at UgX309,000;
4. Access at UgX.369, 000.

The attractive prices will see new customers enjoy the most recent addition of channels launched on the platform this week, including CBS Action, CBS Drama, Jim Jams and MGM Channel.

“The DStv brand seeks to provide value for money for its customers and it pledges to bring new innovations and world class programing which is one of our main objective to surround our customers with the world of entertainment.  We continue to give a memorable DStv experience to especially our existing and new customers during this festive season, and we are confident that this special price will yield much excitement.” said Jude Kalema, Sales Manager MultiChoice Uganda.  

‘DStv has also opened up some exciting channels this week from 11^th to 17^th November 2013 to all customers regardless of the bouquet they subscribe to. Active customers have an opportunity to watch some of their favorite channels including the Mnet channels (over the weekend) SuperSport channels, comedy and documentary channels as a precursor of the exciting Christmas campaign’. Kalema added.

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Leading telecoms firm MTN and payment services firm Visa have partnered to let its mobile money users make face-to-face and online transactions wherever Visa is accepted, with Ghana set to be first market to have the offering.

This is according to a statement released by the company at AfricaCom, being held in Cape Town, South Africa.

As part of the agreement, MTN Mobile Money account customers can use their devices to pay in stores with Visa Points Of Sale (POS).

Also, MTN says customers are expected to be able to make online payments at all Visa merchants and withdraw money from their mobile money accounts at any Visa ATM.

MTN Mobile Money customers in Ghana are planned to get the offering first before the end of the year. The service is then to be rolled out across the MTN footprint.

Across Africa and the Mideast, MTN has a user base of 203.8 million subscribers across all 22 markets where it operates.

“The partnership between MTN and Visa will provide MTN Mobile Money customers with access to the entire Visa network, which includes merchants, online vendors and ATMs, to enable a ‘mobile’ payment experience,” says Pieter Verkade, MTN Group chief commercial officer.

Visa’s head of global mobile network operator partnerships, innovation and strategic partnerships group, Vish Sowani says: “We are delighted to launch this exciting new service with MTN. This is significant as we look to extend the benefits of electronic payments to mobile money services in Africa. Visa recognises that mobile technology is the single most significant driver of financial inclusion and improving access to financial services is a critical building block to help more people improve their lives.”

“We look forward to building on this broad based partnership with MTN to bring further innovative payment related products to their customers in the future,” adds Sowani.

MTN Mobile Money enables users to do national and international money transfers, make utility and other service payments, purchase airtime, access insurance and financial products and make retail payments.

As of 30 September 2013, MTN Mobile Money had 13,4 million registered users, and was available in 13 countries.

When implemented in Uganda, this will be a great innovation that is directly in line with MTN Uganda’s delivery of bold new digital world theme.

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MTN Uganda, on Friday 8^th November 3013 hosted the first ever MTN Business Golf Day at Kampala Golf Club. This was an all-day event in which the MTN Leadership Team and more than 30 corporate companies participated in a full field shotgun game of golf which kicked off at 11am. 

At the tee off event, the MTN CEO Mazen Mroué, handed over golf equipment to the Uganda Golf Club Captain, Charles Katarikawe. The items included caddy range gear comprising shorts, shirts, bibs, leg guards, shin guards and helmets as well as ball picker equipment. These are part of a total package worth UShs.90million that will go a long way in supporting the club’s activities.

For the last 5 years MTN Uganda has sponsored the MTN Monthly Mug which runs throughout the annual golf calendar. Over time, this property has evolved and today the Uganda Golf Club now fully runs and manages the Monthly Mug events.

The MTN Business Golf day, which will be an annual event, further stamps MTN’s support and presence at the Golf club. It provides a unique opportunity for MTN’s customers who are also members of the club to experience what the MTN Business brand has to offer. A number of MTN products and services tailor made for the business customer will be showcased during the MTN Business Golf Day.  

In addition to this, MTN Uganda has sponsored one of Uganda’s leading golf talents and upcoming pro-golfers, Deo Akope, over that last 3 years to the tune of UShs. 101 million. Akope has participated in a number of international golf tournaments under the MTN sponsorship and has flown not only the MTN flag high, but the Ugandan flag as well.

Speaking at the prize giving ceremony, the MTN Uganda Chief Marketing Officer, Ernst Fonternel, said MTN was proud of the role it’s laying in bridging the gap between business owners and their clients by providing business solutions which simplify the way they can run their businesses. “Golf offers a clear bridge between sports and business as many of the members of the Golf fraternity are also MTN Business customers”.

MTN Uganda has consistently supported the sporting fraternity in Uganda and aside from golf, it has assisted many sports over the years including football, rugby, basketball, volleyball, table tennis and golf amongst others. Through the MTN Arena in Lugogo, which was refurbished by MTN in 2010 to be the largest and most modern indoor stadium in Uganda and the region, we are leaving a legacy for Ugandans to benefit from. The MTN Kampala Marathon now in its 10th year has supported many noble causes over the years and remains the flagship event on the Uganda Sports and Social Calendar.

Commenting at the event, the MTN Uganda GM MTN Business, Mr. Reginald Kafeero said that the MTN Business proposition is clearly set out to fill a gap in the needs of MTN’s corporate customers. “MTN Business offers a wide range of business solutions through an array of technology options to suit our customers’ business needs both in and out of the office, locally and internationally. Customers can focus on their core business and MTN will deliver the needed communications solutions,” he said. 

MTN business is the arm of MTN Uganda responsible for providing business solutions that will satisfy the needs of our Corporate clientele. The MTN Business vision is to provide converged communications solutions for our customers through a dedicated team that manages the entire product portfolio to ensure a seamless experience for its customers.

Kafeero added that SMEs and business people who have been looking for world-class tools to improve their business efficiencies will find the MTN solutions attractive for their business growth.

“MTN’s focus is to contribute to the development of enterprises and the sustainable growth of economies in the countries of operation and MTN IT Solutions are integral to the company’s strategy to achieve this, particularly as enterprises are key economic growth drivers in most of our markets” he said.

About MTN Uganda

Launched in 1998, MTN Uganda is the leading communications operator in Uganda, offering Mobile and Fixed telecommunications, Mobile Money Services and Internet Service Provisioning. As of 30 September 2013, MTN Uganda recorded 8.4 million subscribers across Uganda. Visit us at www.mtn.co.ug and for our football fans www.mtnfootball.com. Customers can also follow us on www.youtube.com/mtnug and www.twitter.com/mtnugandacare for assistance.

About the MTN Group

Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN.” As of 30 September 2013, MTN recorded 203.8 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit. Visit us at, www.mtnbusiness.com , www.mtn.com www.mtnmmo.com  and for our football fans www.mtnfootball.com

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MTN Uganda launched MTN Elite a program designed to recognize and reward most valued customers.

By use of a personalized card customers will gain access to exclusive privileges, comprising of a dedicated MTN Relationship Manager, free and discounted phone devices, priority access to MTN Service Centers, and discounts from carefully selected Elite lifestyle partners including, Serena Hotel Kampala, Lake Victoria Serena resort, Nyumbani Décor, Mbawo Timberworks, Kenya Airways, Brussels Airlines, SPOTCLEAN Drycleaners, Hertz Rent a car, and restaurants; Khana Khazana, Il Patio, Haandi and Tamarai.

“At MTN Uganda, we appreciate our customers and are committed to delivering propositions and services that enable us give back to them. The MTN Elite program will deliver a superior brand journey for its high value customers, by creating memorable brand moments for them,” said MTN Chief Marketing Offer Ernst Fonternel.

The MTN Elite Club complements the Asante Sana, MTN cash back and MTN 141 loyalty programs. MTN 141 which is a loyalty points program in which customers get bonus minutes and bonus SMS has had phenomenal success with over 5 million MTN customers currently using it.

In the last 15 years of successful operation in Uganda, MTN has transformed the market, maintained market leadership, changed lives and set new trends for Uganda’s telecommunications industry.

“In partnership with both public and non-profit credible organizations, MTN has executed sustainable projects and has provided such services to customers and the community”, Fonternel said.

About MTN Uganda

Launched in 1998, MTN Uganda is the leading communications operator in Uganda, offering Mobile and Fixed telecommunications, Mobile Money Services and Internet Service Provisioning. As of 30 September 2013, MTN Uganda recorded 8.4 million subscribers across Uganda. Visit us at www.mtn.co.ug and for our football fans www.mtnfootball.com. Customers can also follow us on www.youtube.com/mtnug and www.twitter.com/mtnugandacare for assistance.

About the MTN Group

Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN.” As of 30 September 2013, MTN recorded 203.8 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit. Visit us at, www.mtnbusiness.com , www.mtn.com www.mtnmmo.com  and for our football fans www.mtnfootball.com