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MTN pays over Ghc600m to gov’t in taxes

MTN Ghana has paid an amount of GHc 675 million to the Ghana Revenue Authority (GRA) as taxes for its operations in 2015.

The leading telecom service provider also paid GHc 43.7 million as charges to the industry regulator, the National Communications Authority (NCA) and the Ghana Investment Fund for Electronic Communications (GIFEC).

Ms. Cynthia Lumor, the Corporate Services Executive of MTN, who disclosed the figures at this year’s regional stakeholders forum in Ho, noted that, an amount 26.1 million dollars was also paid to government as Surtax on Incoming International Traffic (SIIT) during the year under review.

This, according to Ms. Lumor made MTN one of the highest corporate contributors to government revenue as well as one of the best tax payers as recognized by the GRA.

MTN Ghana, a market leader with over 16 million subscribers, which started operations in Ghana in 1996 as Spacefon with only 20 employees, currently has a direct staff strength of 1,900, with over 500,000 jobs created through its partners and service providers, Ms. Lumor noted.

The forum which brought together selected media practitioners from the Volta region and MTN partners, was also used to launch the company’s 20th milestone celebrations and its latest 4G services, which is already operational in all 10 regional capitals, with plans in place to extend the coverage to other major locations in Ghana.

Source: Ghana/Starrfmonline.com/103.5FM/Lambert Atsivor

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