Business News of Wednesday, 27 March 2019Source: goldstreetbusiness.comMobile network operators pay GHC1.94bn tax in 2018The mobile phone sector, Ashigbey said, is a key channel for government’s e-governance strategyThe Ghana Chamber of Telecommunications has said mobile network operators paid a total of GH¢1.94 billion in taxes to the state and made capital expenditure of over GH¢276 million last year. This makes the mobile telecons industry one of the most important contributors to the public purse as well as being a key instigator of economic growth. The Chamber’s CEO, Mr Ken Ashigbey, told the Goldstreet Business that the mobile industry contributed close to nine percent of Ghana’s total tax revenues and currently employs more than 1.7 million people directly and indirectly. The mobile phone sector, he said, is a key channel for government’s e-governance strategy and financial inclusion drive, with public institutions relying heavily on it to deliver key services to the public. Speaking during the launch of the Jumia 2018 Mobile Report in Accra, Mr. Ashigbey underscored the need to laud smartphones contribution to socio-economic development.

Source: GhanaWeb March 27, 2019 08:26 UTC