Accra, March 25, – Scancom PLC (MTN Ghana) has announced a total dividend payout of GHS6.4 billion for the 2025 financial year, following a robust performance driven by growth across its core business segments.
The company declared a final dividend of 40 pesewas per share, adding to an interim dividend of 8 pesewas paid in September 2025, bringing the total dividend to 48 pesewas per share—representing a 57.4 per cent increase over the previous year.
The announcement was made at the company’s Annual General Meeting in Accra.
Board Chairman Dr Ishmael Yamson attributed the strong results to Ghana’s economic rebound and the company’s strategic focus on expanding its service offerings. He reported a 36.1 per cent year-on-year increase in total revenue, alongside a 55.9 per cent rise in profit after tax.
According to him, growth was supported by solid performance across Data, Mobile Money, Digital, and Voice services.
Chief Executive Officer Mr Stephen Blewett said service revenue grew by 36.2 per cent to GHS24.4 billion, driven by sustained demand and improved customer engagement.
To support this growth, the company invested GHS4.6 billion in capital expenditure to strengthen network infrastructure, expand coverage, and enhance IT systems.
“These investments have improved operational efficiency and elevated customer experience across our network,” he noted.
A breakdown of performance showed that data revenue surged by 48.8 per cent to GHS13.4 billion, while Mobile Money revenue rose by 35.7 per cent to GHS6.0 billion. Voice revenue increased modestly by 7.8 per cent to GHS3.8 billion, and digital revenue more than doubled, growing by 109.9 per cent to GHS479.0 million.
MTN Ghana also disclosed ongoing efforts to complete the structural separation of its fintech operations in compliance with the Payment Systems and Services Act, 2019 (Act 987). This follows shareholder approval for the merger of Mobile Money Limited and Mobile Money Fintech Limited in December 2025.
Chief Financial Officer Mrs Antoinette Kwofie reported a 26.5 per cent rise in total costs to GHS9.8 billion, largely due to increased cost of sales and operational expenses linked to business expansion.
Cost of sales rose by 22.8 per cent to GHS4.1 billion, driven by commissions on Mobile Money and GSM services, while operational expenses increased by 29.3 per cent to GHS5.7 billion, partly reflecting a full-year impact of management fees for Mobile Money operations.
As at the end of 2025, MTN Ghana had issued over 13.2 billion ordinary shares to 126,748 shareholders. Trading activity declined during the year, with 2.87 per cent of shares exchanged compared to 6.96 per cent in 2024.
The company reaffirmed its commitment to continued investment in infrastructure, innovation, and service expansion, while delivering long-term value to shareholders and supporting Ghana’s digital transformation.
GHBUSS
25 March 2026
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