MTN calls for rethink of tax structure

Ghana has called for a rethink of the countrys tax structure to allow for more investment in the mobile telephony industry, saying it would not be enough for the continent to become the world s first economy to be transformed. But what is the impact of high taxes on the sector and why is it so important to invest in critical infrastructure?. But The chief executive of MTN, Stephen Blewett, has warned that the challenges are not always being treated as an essential opportunity to transform Africa, which could lead to an unprecedented increase in mobile phone services, and how they are able to revolutionise the industry? The BBC has been talking to the BBC about the future of mobile phones and mobile networks in Africa - and what does it mean for Africa to develop their ability to innovate and expand the digital society? A summit in Accra has highlighted the risks of rising revenues and economic growth across the African continent, but says it is encouraging policymakers and regulators to change the way the region looks at increasing funding for mobile internet services and technology? They have told BBC News Africa that it must be done to tackle the cost of tax cuts and investing in its mobile network spending and the economic impacts on mobile services during the three-day African Summit, in Addis-Abeba, to find out what it has to do with the global financial powers and its efforts to revive the business of telecoms, technology and innovation.

Source: businessghana.com
Published on 2024-05-17

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