MobileMoney Fintech LTD (MMFL) shareholders accredited a dividend of CHF 0.03 per share for the primary quarter of 2026. That is the corporate’s first dividend fee because the completion of its structural separation from MTN Ghana.
The approval was made at MMFL’s Extraordinary Basic Assembly (EGM) held on June 12, 2026, the place shareholders additionally supported a collection of resolutions aimed toward strengthening the corporate’s governance and operational independence.
Addressing shareholders after the final assembly, MMFL CEO Shaib Haruna mentioned the dividend announcement was as a result of firm’s robust monetary efficiency within the first quarter.
In accordance with him, MMFL generated a income of roughly GH¢1.7 billion from January to March 2026, a rise of 28.4% in comparison with the identical interval final yr.
“The declared 3 pesewas per share displays the corporate’s robust efficiency within the first quarter,” he mentioned.
Haruna mentioned the corporate will now distribute income to shareholders quarterly, breaking away from its earlier apply of paying dividends each six months.
He defined that shareholders of MTN Ghana and MMFL will obtain a mixed dividend of 0.06 GH cents per share for the primary quarter following the dividend bulletins by each corporations.
Trying to the longer term, the CEO mentioned MMFL will proceed to spend money on innovation throughout the cell cash ecosystem, whereas strengthening partnerships to enhance the shopper expertise and drive development.
He cited the latest publication of a white paper outlining rising fraud dangers and sensible measures to handle them, including that the corporate would additionally step up its efforts to fight digital fraud by way of trade collaboration.
MMFL Chairman Victoria Shiny mentioned the EGM, which got here simply three months after its structural separation from MTN Ghana on March 31, 2026, was an essential milestone within the firm’s evolution.
He defined that the separation required MMFL to carry an unbiased normal assembly and safe the required approvals to function as an unbiased entity.
Mr Shiny mentioned shareholders had accredited the switch of administrators from Cellular Cash Restricted to Cellular Cash Fintech Restricted, topic to regulatory approval from the Financial institution of Ghana.
The accredited administrators embrace Modupe Kadri, Serigne Dium, Adekunle Benjamin Awobodu and Antoinette Kwoffi as non-executive administrators, Susan Yoson as govt director and Basirat Odunewu as unbiased non-executive director.
Shareholders additionally accredited the appointment of Ernst & Younger (EY) as an unbiased auditor and licensed the board of administrators to find out auditor remuneration for fiscal yr 2026.
Moreover, shareholders accredited a decision authorizing the administrators to declare and pay dividends for the second and third quarters of 2026.
Shiny mentioned the assembly was convened to safe key governance approvals wanted to assist MMFL’s operations following the completion of the structural separation course of.
MMFL’s first EGM as an unbiased firm marked the start of a brand new chapter for the fintech firm, which goals to strengthen company governance, enhance shareholder worth and increase its place in Ghana’s fast-growing digital monetary providers sector.
