Accra: Scancom PLC (MTN Ghana) has announced a final dividend of 40 pesewas per share, following an interim dividend of 8 pesewas declared in September 2025. This brings the total dividend for the year to 48 pesewas per share, amounting to GHS6.4 billion, marking a 57.4 percent increase compared to 2024. The announcement was made during the company's Annual General Meeting.
According to Ghana News Agency, Dr. Ishmael Yamson, Board Chairman of MTN Ghana, stated that Ghana's economy experienced a significant rebound in 2025, enabling the company to achieve a 36.1 percent year-on-year growth in total revenue, with profits after tax rising by 55.9 percent. Dr. Yamson highlighted that strategic efforts to enhance customer engagement and broaden the service portfolio contributed to this strong performance, with notable gains in Data, Mobile Money, Digital, and Voice segments.
As of December 31, 2025, MTN Ghana had issued 13,236,175,050 ordinary shares to 126,748 shareholders. During the year under review, 2.87 percent, equivalent to 379,975,194 shares, were traded, compared to 920,712,594 shares (6.96 percent) in 2024.
Mr. Stephen Blewett, Chief Executive Officer, reported a 36.2 percent year-on-year increase in service revenue, reaching GHS24.4 billion. He attributed the growth to strong performances across all service segments. Mr. Blewett emphasized the company's commitment to delivering Ghana's leading network, with investments of GHS4.6 billion in ex-lease capital expenditure to enhance network quality, extend coverage and capacity, and upgrade IT systems, resulting in greater operational efficiency and an improved customer experience.
Mr. Blewett explained that data revenue increased by 48.8 percent year-on-year to GHS13.4 billion, voice revenue rose by 7.8 percent to GHS3.8 billion, digital revenue grew by 109.9 percent to GHS479.0 million, while Mobile Money revenue increased by 35.7 percent to GHS6.0 billion. He noted that the company is taking statutory steps towards completing the structural separation of its fintech business in line with the Payment Systems and Services Act, 2019 (Act 987). This follows shareholders' approval of a merger between Mobile Money Limited and Mobile Money Fintech Limited in December 2025.
Mrs. Antoinette Kwofie, Chief Financial Officer, reported that total costs increased by 26.5 percent to GHS9.8 billion, driven by growth in cost of sales and operational expenditure. She explained that cost of sales increased by 22.8 percent to GHS4.1 billion, driven by commissions on MoMo and GSM transactions, in line with revenue growth from these services. Operational expenses grew by 29.3 percent to GHS5.7 billion, driven primarily by the introduction of management fees for Mobile Money Ltd after the first quarter of 2024, compared with a full-year impact in 2025.
MTN Ghana remains committed to investing in infrastructure, expanding services, and delivering value to shareholders while supporting Ghana's digital transformation agenda.