Corporate Governance Philosophy
MTN Uganda is committed to the highest standards of governance, business integrity, ethics and professionalism. Corporate governance is the cornerstone of the Company’s approach to doing business and ensures that the Company always operates responsibly at all times. We believe that good governance enables us to live our values through enhanced accountability, corporate responsibility, a strong risk and performance management culture, transparency and effective leadership.
The Board provides oversight using a combined assurance model which considers the role of management, control functions, internal and external audit and Board committees. The Board uses a simplified governance approach in a complex environment as it strives to create shared value with the Company’s key stakeholders.
MTN continually aspires to achieve value creation through robust governance, and our governance philosophy and ecosystem is grounded on the core elements of good governance, including transparency, integrity, sound policy, stakeholder participation, accountability and anti-corruption. We deliver on our belief and ensure the relevance and sustainability of our business by monitoring the macro environment, the availability of appropriate capital inputs and our impact on these, as well as the needs of our stakeholders. All of these inform our strategy. This strategy enables MTN to maintain operational focus and deliver on our targets. Our governance processes ensure that we are a sustainable business and that creates and preserves value for ourselves and our stakeholders.