Bussiness
Eli Hini commends MTN’s contributions to national revenue
General Manager of MTN Mobile Money, Eli Hini
Mr Eli Hini, Chief Executive Officer of Mobile Money Limited, a subsidiary of MTN Ghana has touted the company’s contributions to the national revenue and development of the local economy saying, “we’re a good corporate citizen.”
He disclosed that MTN Ghana contributed of GH¢3.1 billion revenue to the state in 2021 by paying GH¢2.54 billion in overall taxes, representing 4.4 per cent of total national tax revenue.
The Company also paid GH¢119 million as National Fiscal Stabilisation Levy (NFSL), representing 18 per cent of overall NFSL paid in Ghana, and GH¢297 million Communication Service Tax (CST), representing 56 per cent of overall CST received in the year.
Mr Hini who made this known during the 2022 edition of the MTN Editors Forum held in Ho for senior media practitioners and other stakeholders in the Volta Region noted that MTN Ghana “provides 500,000 plus jobs through its ecosystem of partnerships and suppliers.”
He added that the company kept supporting local value chains with a greater percentage of money spent on supplies going to local suppliers.
“Total active supplier base is 1,144 with 897 local suppliers. This represents 78 percent of the total active local supplier base in 2021. There was a total spend of GHS3,201,552,901 in the year with local supplier spend being 75 percent.”
Mr Hini said MTN, Ghana’s leading mobile network operator providing voice, data, digital, enterprise and other services had in the past year, sought to transform the network to improve customer experience and through innovations, do more to excite and enhance lives of customers not just in Ghana but Africa by way of “Ambition 2025” for “our strategic intent is to lead digital solutions for Africa’s progress.”
MTN Editors Forum is one of the annual events the company uses to engage, share key highlights of its performances, and plans with the public and solicit feedback from them with the aim of improving service delivery to customers.
Source: GNA
Bussiness
Global Market Volatility: Gov’t absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol
Effective Thursday, April 16, 2026, which is the next pricing window, the Government will absorb GH¢2.00 per litre on diesel and GH¢ 0.36 per litre on petrol.
This intervention is intended to cushion customers and ease the cost burden on households, transport operators, and businesses.
The measure, approved by Cabinet, is in response to rising prices of petroleum products on the international market, which have significantly impacted ex-pump prices in Ghana.
This temporary intervention will remain in force for a period of one (1) month.
During this period government will continue to closely monitor developments in the global oil market and assess the need for further policy adjustments.
A statement signed by Minister of Government Communications, Felix Ofosu Kwakye noted that they remain commited to maintaining price stability, protecting livelihoods, and supporting Ghana’s economic recovery in the face of external shocks.
Ghana’s gold and minerals sector is set for a major spotlight as Meetings. Co, in partnership with key industry stakeholders, announces the Mining & Minerals Convention 2025, scheduled from August 26-27, 2025, at the Kempinski Hotel Gold Coast City, Accra.
Held under the theme “Shaping the Future of Ghana’s Gold Industry,”‘ the Convention will convene government leaders, regulators, miners, refiners, investors, sustainability partners, innovators, and responsible mining, and global competitiveness,policy experts to explore strategies that position Ghana’s gold industry for long-term growth.
The two-day convention will feature presidential and ministerial keynote addresses, industry thought leadership, technical paper presentations, policy dialogues, fireside chats, exhibitions, and high-level networking sessions.
Convention delegates can anticipate a dynamic and insightful experience, marked by thought leadership from leading policymakers and regulators, in-depth discussions on key topics such as sustainability, ESG, digital gold, and responsible sourcing, as well as valuable opportunities to forge public-private partnerships and investment deals.
Moreover, the event will offer practical action points aimed at unlocking greater economic value for Ghana.
The 2025 edition will be supported by a strong coalition of strategic partners, including the Ministry of Lands and Natural Resources, the Minerals Commission, GoldBod, the Minerals Income and Investment Fund (MIIF), and the Ghana Extractive Industries Transparency Initiative (GHEITI).
