MTN Ghana has
reaffirmed its commitment to accelerating socio-economic development in Ghana
through significant social investments and honoring its regulatory obligations.
MTN Ghana In the first half of 2022
contributed 29.6% of its total revenue, amounting to approximately GHS1.4
billion in direct and indirect taxes, and payments to governmental Agencies.
This figure was disclosed in MTN Ghana’s half year Financial Results for 2022.
The Chief Executive Officer of MTN Ghana, Selorm
Adadevoh said, “MTN Ghana is poised to bolster recovery and deliver on its
ambition 2025 strategy boosting socio-economic growth through innovative
digital technologies. Our collective socio-economic development remains of
utmost priority to us as a business and we will continue to play our part in
fostering sustainable growth by building strategic partnerships and creating
shared value for all”.
Despite a challenging macroeconomic environment,
characterized by rising inflation, increased fuel cost, pressure on the
exchange rate as well as other external challenges, MTN Ghana demonstrated
resilience, posting a pre-tax profit of GHS 2.7 billion. Mobile Voice
subscription increased by 11.6% to 27.8 million while active data subscribers
increased by 15.1% to 13.1 million. Active Mobile Money (MoMo) users improved
by 11.0% to 11.7 million and service revenue grew by 28.9% to GHS4.7 billion.
Key infrastructure developments carried out by
MTN Ghana Foundation as part of its CSI activities in the first half of the
year included the commissioning of a library for the people of Denkyira
Buabenso, continuation of works on the STEM Robotics Lab for Mamfe Girls’
School and the 60-bed neonatal centre for the Keta Municipal Hospital.
Although the outlook for the economy remains
uncertain and volatile, MTN remains committed to executing its Ambition 2025
Strategy to drive growth and efficiencies in doing business.
Source:MTN