September 30, 2022

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MTN Ghana set to bolster financial development by way of strategic partnerships

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MTN Ghana has reaffirmed its dedication to accelerating socio-economic improvement in Ghana by way of...

MTN Ghana has reaffirmed its dedication to accelerating socio-economic improvement in Ghana by way of vital social investments and honoring its regulatory obligations.

MTN Ghana, Within the first half of 2022 contributed 29.6% of its whole income, amounting to roughly GHS1.4 billion in direct and oblique taxes, and funds to governmental Companies. This determine was disclosed in MTN Ghana’s half 12 months Monetary Outcomes for 2022.

The Chief Govt Officer of MTN Ghana, Selorm Adadevoh stated, “MTN Ghana is poised to bolster restoration and ship on its ambition 2025 technique boosting socio-economic development by way of modern digital applied sciences. Our collective socio-economic improvement stays of utmost precedence to us as a enterprise and we are going to proceed to play our half in fostering sustainable development by constructing strategic partnerships and creating shared worth for all”.

Regardless of a difficult macroeconomic setting, characterised by rising inflation, elevated gasoline value, stress on the trade fee in addition to different exterior challenges, MTN Ghana demonstrated resilience, posting a pre-tax revenue of GHS 2.7 billion. Cell Voice subscription elevated by 11.6% to 27.8 million whereas energetic information subscribers elevated by 15.1% to 13.1 million. Lively Cell Cash (MoMo) customers improved by 11.0% to 11.7 million and repair income grew by ­ 28.9% to GHS4.7 billion.­

Key infrastructure developments carried out by MTN Ghana Basis as a part of its CSI actions within the first half of the 12 months included the commissioning of a library for the folks of Denkyira Buabenso, continuation of works on the STEM Robotics Lab for Mamfe Ladies’ College and the 60-bed neonatal centre for the Keta Municipal Hospital.

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Though the outlook for the economic system stays unsure and risky, MTN stays dedicated to executing its Ambition 2025 Technique to drive development and efficiencies in doing enterprise.