The government of Ghana received over GH₵9.83 billion in taxes and other payments from the telecom sector in 2023, representing a significant 30% increase from the GH₵6 billion collected in 2022.

This contribution accounted for approximately 7.38% of Ghana’s total revenue for the year, according to the Ghana Chamber of Telecommunications.

Speaking at the launch of the Transparency Initiative Report, Dr. Kenneth Ashigbey, Chief Executive Officer of the Chamber, highlighted the sector’s pivotal role in driving economic growth.

"Telecom chambers are really contributing massively to Ghana's economy. As we can see, these taxes paid to the government is a progressive tax," he stated.

Dr. Ashigbey further elaborated on the scale of the telecom sector’s financial contributions, adding:“If you put together the total taxes that we bear and other remittances that we made to other government agencies, the total is GH₵9.8 billion in 2023. And this contribution forms about 7.4 per cent of government total revenue.”

The report also revealed that the telecom sector provided 2,464 direct jobs in 2023, slightly down from the 2,600 jobs created in 2022.

The figures were part of the Transparency Initiative Report, a collaborative effort by the Ghana Telecommunications Chamber and the Electronic Money Issuers Chamber of Ghana. The report underscores the economic impact of the telecom industry, detailing its significant contributions to national revenue and employment.