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Fintech |
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| Pivot from 'product' to 'platform' play |
| 100m MoMo users |
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| 63.1m |
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High 20% to low 30% growth in fintech service revenue |
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28.5% |
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| 291m |
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Connectivity |
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| MTN subscribers |
| 300m subscribers |
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| Doubling of consumer mobile data |
| 200m active data users |
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| 157.8m |
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Digital transformation | Step change
in efficiencies and service levels |
| >R5bn of expense savings off the 2020 base |
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| R3.8bn (of revised R7-8bn target,
2024 – 2026) |
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| Own the Home |
| 10m homes |
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| 5.4m |
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| Leading FibreCo in Africa |
| Fibre footprint > 135 000km |
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| 121 000km |
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| Improving, refer to Create shared value |
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Create shared value |
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| Step change in ESG positioning of the Group |
| Top quartile ESG ratings |
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| Greenhouse gas (GHG) emissions |
| ~50% average reduction target by 2030 and Net Zero emissions by 2040 |
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| 46.2%† |
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| Broadband coverage |
| 95% broadband coverage by 2025 |
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| 92.9% |
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| Diversity and inclusion |
| 50% female representation by 2030 |
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| 43.7% |
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| Sentiment shift through stakeholder management |
| MTN Reputation Index Score >75% |
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| 78.5% |
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| Broad-based ownership and inclusion across markets |
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Localisations:
– MTN Ghana
– MTN Uganda |
 |
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| Achieved 30% localisation
Achieved 20% localisation
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| Continuous growth in contribution to society |
| Continue to contribute to societies and economies |
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| ~R155bn in economic value added |
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Portfolio optimisation |
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| Execute on ARP and reduction of leverage |
| ARP proceeds >R25bn |
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- R22.4bn of ARP target achieved to date.
- Concluded sale of MTN interests in MTN Guinea-Bissau and MTN Guinea‑Conakry.
- Finalised sale of MTN Afghanistan.
|
| Middle East exit |
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Orderly exit from consolidated Middle East operations |
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Reveal value of platforms and infrastructure assets |
| Fintech and FibreCo separation |
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|
- Mastercard agreement for minority equity investment of US$200m for ~4% of MTN Group Fintech.
- Progressed work on fibre separation.
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| † |
46.2% lower than the 2021 baseline and exceeding the 12.5% target for 2024. |
| Note that reported performance is impacted by exited markets relative to the original Ambition 2025 targets. |
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| Key: |
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Achieved annual targets |
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In progress |
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