15th November 2024 11:29:39 AM
1 min readThe Ghana Chamber of Telecommunications has revealed that telecommunications companies contributed GHS 9.83 billion in taxes and other payments to the national coffers in 2023, representing a significant increase from the GHS 6.5 billion paid in 2022. This boost to national revenue marks a 50% rise year-on-year.
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The figures, outlined in the Transparency Initiative Report, were jointly published by the Ghana Chamber of Telecommunications and the Electronic Money Issuers Chamber of Ghana.In addition to financial contributions, the sector generated 2,464 direct jobs in 2023, a slight decline from the 2,600 jobs created in the previous year.At the report launch in Accra, CEO of the Ghana Chamber of Telecommunications, Ing. Dr.
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Kenneth Ashigbey, emphasized the sector’s ongoing commitment to economic development. He acknowledged the challenges faced but reaffirmed the telecom industry’s critical role in Ghana’s economic growth.Dr. Ashigbey noted, “If you put together the total taxes that we bear and other remittances that we made to other government agencies, the total is GHS 9.8 in 2023. And this contribution forms about 7.
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4 per cent of government total revenue”.He also assured that efforts are underway to make data more affordable for Ghanaians, as the country ranks just behind Mauritius in this area on the continent.The report, which includes data from leading telecom companies such as AT, MTN, Vodafone, ATC, Helios, Comsys, CSquared, Ericsson, and Huawei, highlights the sector’s vital economic and social contributions to Ghana’s development.
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