Eli Hini commends MTN’s contributions to national revenue

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

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