Africa Now Summit - Speke Commonwealth Resort, Munyonyo.
The President of Uganda, His Excellency Yoweri Museveni this week met with officials from MTN Group at Speke Resort Munyonyo and held a cordial discussion on a range of issues in the telecommunications sector. This was on the sidelines of the two-day Africa Now Summit that took place between 12th and 13th March 2019 at the lakeside facility.
The MTN Group was led by the President and CEO, Rob Shuter, Ebenezer Asante, the Vice President for MTN’s South-East Africa and Ghana (SEAGHA) region, Felleng Sekha, MTN Group Chief Regulatory Affairs Manager, Charles Mbire, MTN Uganda Chairman and the Ag. CEO, Gordian Kyomukama.
The meeting agreed that both the government and the telecom would assemble a joint team to conduct a scientific review of telephone calls traffic and the re-licensing terms. It was also agreed that a follow up meeting will take place later this month.
The President urged MTN to continue supporting Uganda's economy, saying a stronger Uganda would make better business sense for MTN and the sector.
"You are providing a service but note that we want Africa to develop. You will do more business in a prosperous Africa, not one on the periphery," said the President.
"Africa's GDP is $6 trillion while the US is $19 trillion, and yet the US is much smaller than Africa. We should be five times richer. MTN, therefore, should not be part of the hemorrhage of Africa. You must be part of enabling production," he added.
The President said: "MTN is an African company and I support it. However, let us not have lopsided development, with a modern telephone system but the rest of economy underdeveloped. The money must saturate properly in the economy, not just in a few sectors."
President Museveni also cautioned MTN against falling prey to corrupt government officials. "There are corrupt people in my system, and if they are asking you for money, please report to me. I will deal with them," he said.
The MTN Uganda Chairman, Mr Mbire, said the company is committed to working with the government and it will continue investing in Uganda.
"We thank President Museveni and the government for the conducive investment environment which has enabled MTN invest $1 billion in Uganda in the last 20 years," he said.
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