The Ghana Chamber of Telecommunications has reported that telecommunications companies contributed GHS 9.83 billion in taxes and other payments in 2023, marking a substantial boost to Ghana’s national revenue.

This contribution reflects a remarkable 50% increase over the GHS 6.5 billion paid in 2022.

These figures are detailed in the Transparency Initiative Report, jointly released by the Ghana Chamber of Telecommunications and the Electronic Money Issuers Chamber of Ghana.

Beyond financial contributions, the telecommunications sector generated 2,464 direct jobs in 2023, slightly lower than the 2,600 jobs created in 2022.

At the report’s launch in Accra, Ing. Dr. Kenneth Ashigbey, CEO of the Ghana Chamber of Telecommunications, highlighted the industry’s dedication to fostering economic growth. Despite ongoing challenges, he affirmed the telecom sector’s role as a cornerstone of Ghana’s economic development.

“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 7.4 per cent of government total revenue”. he said.

Dr Ashigbey further assured that the chamber is working to ensure data affordability, as Ghana ranks just behind Mauritius on the continent

The annual report, based on data from members of the Ghana Chamber of Telecommunications, including AT, MTN, Vodafone, ATC, Helios, Comsys, CSquared, Ericsson, and Huawei, aims to illustrate the industry’s societal and economic contributions to the country’s development.