MTN Group CEO Ralph Mupita has addressed rumors about the company entering traditional banking, clarifying that MTN is currently more focused on expanding financial access rather than acquiring a commercial banking license. Speaking at the Bright Conversations event in Accra, Mupita emphasized that MTN’s growth strategy centers on scaling its Mobile Money services to reach more people across Africa. While he acknowledged that banking could be a future possibility, he noted, “We don’t see ourselves as a bank today, but we won’t rule it out entirely.” He stressed that MTN’s priority…
Read MoreMTN Focuses on Financial Inclusion Over Banking License- Ralph Mupita
