Despite a challenging economic environment in Ghana marked by high inflation and currency depreciation, Scancom PLC, known as MTN Ghana, reported a successful year in 2023. The company announced a profit of GH¢3.98 billion cedis and declared a dividend of GH¢0.175 per share in its audited 2023 Financial Report released yesterday. The company’s share price […]
In an engaging event held today at MTN House in Accra titled “Time with Selorm,” the outgoing Chief Executive Officer of MTN Ghana, Selorm Adadevoh, shared insights on the company’s approach to remote work and its impact on staff motivation. During the event, Mr. Adadevoh discussed the hybrid work system that was implemented groupwide during […]
The Network of Communication Reporters (NCR) has congratulated Adwoa Afriyie Wiafe on her appointment as the new Chief Corporate Services and Sustainability Officer (CCSSO) of MTN Ghana, the telecoms market leader. Adwoa joins MTN from the Ghana National Petroleum Corporation (GNPC), where she was a member of the Executive team, with overall responsibility for Legal […]
The declaration of MTN Ghana as a Significant Market Power (SMP) in the country’s telecommunications sector has resulted in an asymmetric savings of GH¢86.6 million for the smaller Mobile Network Operators (MNOs) in the last two years. The SMP was meant, among many other things, to set a level playing field and limit the ability […]
The total value of Mobile Money transactions in the first two months of 2023 hit ¢264.1 billion, about 72.6% growth year-on-year. This significant growth shows that Mobile Money transactions is hitting record highs despite the Electronic Transaction Levy (E-Levy). In the first two months of 2022, total Mobile Money Transactions stood at 153 billion According […]
The South African government has urged mobile operator MTN Group and the Ghana Revenue Authority to work closely to resolve a GH¢8,209,603,842.14 (US$773 million) tax dispute. South Africa’s Minister of International Relations and Cooperation, Dr Naledi Pandor last Friday encouraged MTN to work closely with the authorities in Ghana to devise a solution. A media statement issued by […]
President Nana Addo Dankwa Akufo-Addo has called on African nations to collaborate and institute stringent measures to stem the disturbing annual illicit outflows of $88 billion from the continent. He said stern attention was required to arrest the situation immediately because the phenomenon was depriving Africa of significant resources that could be used to support […]
MTN Mobile Money Limited, a subsidiary of MTN Ghana, has effectively implemented the new Bank of Ghana (BoG) daily and monthly limits on mobile money transactions. It is part of measures to facilitate more efficient payments and encourage a seamless transition to a cash-lite society. Efficient payments A press release issued in Accra by MTN […]
MTN Ghana will commence the complete disconnection of all SIM cards that have completed Stage 1 (Linkage of Ghana Card ID to SIM Card) but have not completed Stage 2 (Biometric Capture) (“Not fully registered with the Ghana Card”) from December 01, 2022. As such, it will deactivate the SIM cards of 5,701,149 subscribers on […]
The Vice-President, Dr Mahamudu Bawumia, has launched a platform that will harmonise individual fraud control mechanisms of mobile money operators in the country. He said the system would help in blocking subscriber identification module (SIM) cards and mobile devices, as well as blacklist identification numbers that connected to fraud or general crime-related cases. Dr Bawumia, […]
MTN Ghana says it was yet to receive the formal notification on the government’s decision to implement new policies in the telecommunications market. In a statement reacting to a press release on the development issued by the Ministry of Communications, MTN said it “will refrain from making any public statements or comments on this matter” whilst it waits for the […]
The Chief Executive Officer (CEO) of MTN Ghana, Selorm Adadevoh has been adjudged the CEO of the year 2019 within MTN Group, as voted for by the company’s senior leadership. He shares the award with the CEO of MTN Benin, Stephen Blewett. This was announced at the Group’s first digital Quarterly Review hosted by the Group CEO, Rob Shuter, involving […]
