MTN Ghana Delivers Strong Revenue Growth, Declares GHS6.4bn Dividend at 2026 AGM
MTN Ghana has reported a strong financial performance for the 2025 financial year, posting a 36.1% year-on-year growth in total revenue, as the company reinforces its position as a key driver of Ghana’s digital and economic transformation.
The telecommunications giant recorded a 43.5% increase in EBITDA, with margins improving from 57.1% to 60.1%, while profit after tax surged by 55.9%.
Speaking at the company’s eighth Annual General Meeting (AGM) held at the University of Professional Studies, Accra (UPSA), Board Chairman Dr. Ishmael Yamson attributed the strong performance to heightened customer engagement and strategic expansion across data, mobile money, digital and voice services. He also credited a favourable macroeconomic environment, pointing to Ghana’s notable economic recovery throughout 2025.
“Inflation dropped significantly from 23.8% to 5.4%, while the Ghana cedi strengthened against the US dollar, driven by effective policy measures and robust gold exports,” Dr. Yamson noted, adding that increased investment in artificial intelligence provided continued optimism for future productivity gains.
Building on its robust financial performance, the Board proposed a final dividend of 0.40 pesewas per share and an interim dividend of 0.08 pesewas per share, bringing the total payout for 2025 to 0.48 pesewas per share,a 57.4% increase over 2024. The total distribution amounts to GHS6.4 billion, representing 81% of profit after tax. Shareholders at the AGM approved the final dividend, with payout scheduled for April 10, 2026.
Beyond its financials, MTN Ghana advanced its Environmental, Social and Governance (ESG) agenda in 2025, sourcing approximately 50% of its energy from solar and reducing carbon emissions. Female representation in the workforce surpassed 43%, reflecting the company’s commitment to diversity and inclusion.
Through the MTN Ghana Foundation, the company sustained support for education, health and economic empowerment initiatives. MTN also made substantial contributions to government revenue, paying GHS10.5 billion in taxes and GHS1.3 billion in fees and levies.
Looking ahead, Dr. Yamson acknowledged emerging global risks, including geopolitical tensions and rising oil prices that could weigh on inflation and currency stability.
He nonetheless expressed optimism about Ghana’s economic trajectory, citing continued fiscal discipline, infrastructure investment and strong growth prospects in the ICT sector.
“Together, we will build a prosperous company that benefits all shareholders and embraces the promise of the future,” he affirmed.
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