{
  "id": 17117720,
  "title": "MTN’s profit before tax for Q3 hits GH¢ 11.3 billion",
  "url": "https://urgent.news/2026/10/29/mtns-profit-before-tax-for-q3-hits-gh-11-3-billion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T20:17:07.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/mtns-profit-before-tax-for-q3-hits-gh%c2%a2-11-3-billion/"
  },
  "original_language": "en",
  "account": "Telecoms company MTN reported a significant 51.8% increase in profit before tax for the first nine months of the year, reaching GH¢ 11.3 billion. This figure marked a substantial rise from GH¢ 7.7 billion during the same period in 2025. In MTN Ghana's performance report, released on October 29, 2026, total revenue climbed to GH¢ 23.2 billion, indicating a 35.7% increase from the previous year. Capital investments amounted to GH¢ 3.2 billion during the same period. Mobile Money revenue grew by 26.5% to reach GH¢ 5.3 billion, fueled by expansion in core wallet services and advanced financial offerings. The company's active Mobile Money users increased by 6.9% to 18.9 million. CEO Stephen Blewett highlighted diversified revenue streams, with data revenue increasing by 39.9% YoY, driven by sustained demand for digital services. Despite a challenging global environment, Ghana's economic landscape remained stable, with moderating inflation and strengthened external reserves. The MTN Board proposed a GH¢ 0.03 per share interim dividend for Q3, subject to applicable taxes.",
  "summary": "The figure represents a 51.8% jump over the GH¢ 7.7 billion it recorded during the same period in 2025.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}