No doubt, Mitwa Ng’ambi who is the current Chief Executive Officer of MTN Rwanda is one of the major tech leaders in Africa owing to her years of experience and her achievements as the CEO of one of the largest telecom service providers in the world.
A thinker and innovator, Ng’ambi has been with MTN Rwanda since 2019 and has led the organization through a number of significant milestones including the listing of MTN Rwanda on the Rwanda Stock Exchange, the establishment of the country’s first FinTech subsidiary – Mobile Money Rwanda Ltd, successful campaign #ConnectRwanda.” and the ten-year renewal of the Company’s operating license.
In a career spanning more than 15 years with the MTN Group, she has held various senior management roles including Chief Marketing Officer at MTN Uganda, Executive for the Consumer Business and General Manager for Consumer Marketing at MTN South Africa. Bodibe brings to the business, a strong background in commercial strategy, consumer marketing, customer strategy, brand management and communications, product management and customer analytics,” the company stated.
The telecom firm also increased its mobile subscribers by 1.7% year-on-year (YoY) to 6.6 million, as well as active data subscribers by 23.9% YoY to 2.2 million, and also mobile money (MoMo) subscribers by 9.1% YoY to 3.9 million.
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Additionally, its service revenue increased by 21.5% to Rwf 105.1 billion, with a growth of Earnings before interest, tax, depreciation, and amortisation (EBITDA) by 17.8% to Rwf 52.5-billion, with an EBITDA margin of 49.3%.
Profit after Tax (PAT) decreased by 31.5% to Rwf 9.7 billion, as the business continues to amortise its operating license that was renewed in 2021.
She was recently transferred to MTN Cameron as the CEO effective September 1st 2022.
The TheTechBerg Personality of the week will equally position MTN Cameron as a major market for the MTN Group.