MTN Group has released its suite of annual reports for the 2025 financial year, produced under the theme ‘Accelerating impact. Empowering Africa’. The collection of 13 publications provides a comprehensive review of the telecommunications group’s performance across its key markets, including sustained growth in data and fintech, disciplined execution and continued investment in network quality.
In a statement accompanying the release, MTN Group president and chief executive Ralph Mupita said that 2025 was a year of numerous milestones for the company, achieved against a backdrop of complex and often challenging geopolitical and operating conditions. He added that the reports are designed to provide meaningful information tailored for distinct audiences, including investors, shareholders and broader stakeholders.
The flagship integrated report outlines MTN’s overall value-creation story, detailing strategic achievements and evolution. It highlights commercial momentum in the operator’s key markets and broader positive contributions across other territories. The report also notes sustained growth in data and fintech services, disciplined execution of strategy, a focus on driving leading customer experience and continued investment in network quality throughout the year. MTN said this information helps its investor community and other stakeholders better understand the group’s overall health and prospects.
The integrated report is published alongside sustainability, financial and people reports, as well as other important information for shareholders. The sustainability report details progress against shared value key performance indicators, showing how MTN is building a more resilient organisation, environment and society. The company noted that by extending digital and financial inclusion, it drives economic growth and creates value that gives Africans hope, dignity and opportunity.
MTN also published its annual tax transparency report, which the company described as key to its licence to operate. The report shows that the group’s total tax contribution to tax authorities across its markets reached R61.1 billion in 2025. The operator said the regulatory landscape and compliance requirements in its industry and markets remain complex and dynamic, and that as a responsible corporate citizen it is committed to transparent disclosure in this area.
In a competitive environment for digital talent, MTN said it requires future-fit skills to deliver on its purpose. The people report focuses on the company’s resilient and adaptable workforce and values-based culture. It also unpacks the group’s progress in navigating shifts in the nature of work and the workplace in a world where artificial intelligence has the potential to fundamentally transform both.
Mupita said in a foreword to the annual transparency report that as digital infrastructure becomes ever more central to economic participation, democratic life and social cohesion, the role of telecoms providers is no longer neutral. He argued that connectivity shapes power, access and opportunity, and that MTN’s responsibility, as shown in the report, is to ensure this power is exercised with integrity and respect for digital human rights.
The group’s climate report sets out how MTN progressed from defining its climate ambition to embedding it into delivery in 2025. The report shows that the operator surpassed its emissions reduction target for the year, cutting scope 1 and 2 emissions by 48 per cent off a 2021 baseline. The company noted that Africa is facing increasing climate impacts alongside energy constraints that challenge the pace of decarbonisation.
The suite of annual reports also includes a notice of annual general meeting, inviting shareholders to participate in a virtual meeting scheduled for 29 May 2026. The remuneration report provides transparent disclosure of leadership remuneration based on performance against strategic priorities. An ESG data booklet offers detailed disclosures relating to MTN’s planet, people, ethics and governance matters, including relevant statistics, policy and position statements on various ESG issues, and a comprehensive Global Reporting Initiative disclosure index.
Mupita concluded that MTN’s compelling investment case is underpinned by growth opportunities arising from strong structural demand for data and fintech in its markets. He reiterated the company’s commitment to executing its strategy while creating shared value in its host markets, with sustainability at the core, and thanked stakeholders for their ongoing support.
The full suite of reports is available here