Uganda’s President Yoweri Museveni has today met top officials of the MTN Group at Speke Resort Munyonyo, holding a cordial discussion on a range of issues.
This was on the sidelines of the two-day Africa Now Summit happening at the lakeside facility.
The MTN Group was led by their Chief Executive Officer (CEO), Rob Shuter, Ebenezer Twum Asante, the VP for South and East Africa, Felleng Sekha, the Group Chief Regulatory Affairs Officer and Charles Mbire, the Uganda Chairman.
The meeting agreed that both the government and the telecom would assemble a joint team to conduct a scientific review of telephone calls traffic and the re-licensing terms. The next meeting will happen later this month.
The President urged the company to support Uganda’s economy, saying a stronger Uganda would make better business sense for the telecom.
“You are providing a service but note that we want Africa to develop. You will do more business in a prosperous Africa, not one on the periphery,” said the President.
“Africa’s GDP is $6 trillion while the US is $19 trillion, and yet the US is much smaller than Africa. We should be five times richer. MTN, therefore, should not be part of the hemorrhage of Africa. You must be part of enabling production,” he added.
The President said: “MTN is an African company and I support it. However, let us not have lopsided development, with a modern telephone system but the rest of economy underdeveloped. The money must saturate properly in the economy, not just in a few sectors.”
President Museveni also cautioned the telecom officials against falling prey to corrupt government officials.
“There are corrupt people in my system, and if they are asking you for money, please report to me. I will deal with them,” he said.
The MTN Uganda Chairman, Mr Mbire, said the company is committed to working with the government and it will continue investing in Uganda.
“We thank President Museveni and the government for the conducive investment environment which has enabled MTN invest $1 billion in Uganda in the last 20 years,” he said. ENDS