Rystar News

LADY OF THE WEEK:  Sylvia Mulinge, MTN Uganda’s first female CEO who began her term in office this month Ms Sylvia Wairimu Mulinge is the newly appointed Chief Executive Officer of MTN Uganda, replacing Mr Wim Vanhelleputte who has been promoted to a regional role as operating executive for the WECA Markets of Liberia, Guinea-Conakry, Guinea-Bissau, and Congo-Brazzaville within the MTN Group. Sylvia has been the Chief Consumer Business Officer at telecom giant Safaricom Plc Kenya. Mr. Charles Mbiire the Chairman of the Board of Directors MTN Uganda, said: “I would like to welcome Sylvia Mulinge to MTN Uganda. I believe that her experience will be beneficial to MTN, particularly given her alignment to our strategic intent of leading digital solutions for Africa’s progress. The Board is confident that Ms. Mulinge will continue the work of growing the Company as a leading provider of telecommunications and digital solutions.” This week on #RystarLadies we focus on her caree...

MAN OF THE WEEK: PHILIP BESIIMIRE LEAVES MTN SOUTH AFRICA TO BECOME VODACOM TANZANIA'S MANAGING DIRECTOR Every Monday we celebrate one outstanding corporate leader on #RystarGents. This week on #RystarAchievers we feature Philip Besiimire who takes on the top position of Managing Director at Vodacom Tanzania with effect from 15th October 2022. Phillip Besiimire a Ugandan citizen has been appointed by Vodacom Tanzania as the telecom’s new Managing Director. Besiimire will be reporting to Diego Gutierrez, the Chief Officer - International Business. The Tanzanian telecom company, in a recent statement issued on Wednesday last week, said that Philip Besiimire will begin work on 15 th October 2022. “We are pleased to announce the appointment of Philip Besiimire as Managing Director for Vodacom Tanzania, effective October 15, 2022. With his leadership, we will continue to lead Tanzania into the digital age and change lives through technology,” the company stated in a recent commun...

By Ruth Kiconco With effect from September 2022, MTN’s Mobile Money customers have begun reaping the financial benefits following the separation of the MoMo section from the telecommunication wing of the business.   As a result, MTN Mobile Money is now paying its loyal customers an astounding UGX 5.7 billion interest pay-out for the second quarter of the year which ended on 30 th June 2022. MTN Mobile Money Uganda Limited was separated from its parent company, MTN Uganda, in May of 2021 (last year) pursuant to the National Payment Systems (NPS) Act, 2020. Richard Yego (Left) signs the dummy cheque of the total amount of money to be paid out as interest to the active Mobile Money (MoMo) customers (PHOTO/Courtesy)   Section 49(6) of the National Payments Systems Act (NPS) of 2020 and Regulation 14 of the National Payment System regulations of 2021 stipulates that MTN Mobile Money Uganda pays its customers, interest earned on a Trust Account. The ongoing payout by MTN Mob...