Shareholders of Cellular Cash Fintech Restricted (MMFL), operator of MTN Cellular Cash Companies, have permitted key company and governance resolutions, together with a dividend of CHF 0.03 per share for the primary quarter of 2026, as the corporate strengthens its progress technique and steps up efforts to fight digital fraud.
The decision was permitted at an Extraordinary Basic Assembly (EGM) held in Accra, the place shareholders reviewed the corporate’s efficiency and permitted measures aimed toward strengthening governance and positioning the enterprise for long-term progress.
Victoria Brilliant, Chair of the Board of Cellular Cash Fintech Restricted, stated after the overall assembly that shareholders had given Pleasure Enterprise the important thing approvals crucial for the corporate to proceed working following the transition to Cellular Cash Fintech Restricted.
“We’ve requested shareholders to supply sure materials approvals for MMF to proceed working,” she stated.
“You possibly can see from the minutes of the assembly and the decision handed immediately that we have now permitted the switch of administrators from Cellular Cash Restricted to the present title Cellular Cash FinTech Restricted.”
Brilliant stated shareholders additionally permitted the appointment of Ernst & Younger (EY) as unbiased auditors.
“We selected Ernst & Younger and the shareholders needed to approve that choice,” she defined.
He additional introduced that shareholders will profit from the dividends declared by each Cellular Cash Fintech Restricted and MTN Ghana.
“MTN Ghana had already declared a dividend of the identical quantity of three pesewas per share.Within the first quarter alone, our shareholders will obtain a mixed 6 pesewas per share from each corporations,” he disclosed.
The corporate manages Ghana’s largest cell cash platform, serving greater than 17 million registered subscribers, and continues to play a central function within the nation’s digital monetary providers ecosystem.
Cellular Cash Fintech Restricted Chief Government Officer; Shab Harunastated the corporate stays targeted on delivering worth to shareholders whereas investing in innovation and buyer safety.
He famous that the corporate has moved from semi-annual dividend funds to a quarterly dividend construction, reflecting each improved efficiency and extra frequent shareholder rewards.
“The introduced 3 pesewas per share displays the corporate’s efficiency within the first quarter,” Haruna stated.
He added that MMFL will proceed to spend money on modern options to enhance buyer expertise and strengthen the digital funds ecosystem.
“Our providers will proceed to be sturdy by way of the improvements we deliver to the ecosystem,” he stated.
Mr. Haruna additionally highlighted the rising risk of digital fraud and reiterated the corporate’s dedication to working with business stakeholders to deal with this problem.
“We’re working with our companions and ecosystem stakeholders to fight digital fraud that continues to be seen out there. That is one thing we take very critically,” he stated.
He referred to the corporate’s just lately launched white paper, “United Towards Digital Fraud: Strengthening Ecosystem Collaboration in Ghana’s Digital Monetary Companies Sector,” which he described as an illustration of MMFL’s dedication to combating fraud throughout the business.
“This white paper displays how essential this subject is to us and to the business as a complete. We are going to proceed to work with our companions to collectively handle these challenges,” he added.
The EGM additionally licensed the board of administrators to find out the exterior auditor’s remuneration for the 2026 monetary yr.
This approval comes at a time when Ghana’s digital monetary providers sector is experiencing speedy progress, rising the necessity for stronger governance frameworks, enhanced safety measures, and larger collaboration amongst business gamers.
Cellular Cash Fintech Restricted, which has over 17 million registered subscribers, says it stays dedicated to driving monetary inclusion, delivering modern digital monetary options and creating sustainable worth for shareholders.
