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MTN Ghana Pays Record GH¢10.5bn in Taxes; Commits $1.1bn Fresh Investment

MTN Ghana paid a record GH¢10.5 billion in direct and indirect taxes to the state in 2025, marking a 22.6 per cent increase over the GH¢8.6 billion paid in 2024.

Liebyang Joseph Philip Ziem by Liebyang Joseph Philip Ziem
March 4, 2026
in Business
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MTN Ghana Launches DigiFest 2025 to Promote Digital Innovation and Inclusion
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MTN Ghana paid a record GH¢10.5 billion in direct and indirect taxes to the state in 2025, marking a 22.6 per cent increase over the GH¢8.6 billion paid in 2024.

The telecommunications company remains the country’s largest corporate taxpayer. In addition to the 2024 tax figure, it also paid GH¢0.5 billion in levies and statutory fees to government agencies that year.

The 2025 payment comes amid persistent inflationary pressures and currency volatility, a statement issued on Tuesday March 3, 2026 said.

MTN Ghana’s Chief Executive Officer, Stephen Blewett, said the figures reflect the company’s scale and its continued expansion in the local market.

“Our contribution to national revenue mirrors the scale of our operations and the level of investment we continue to make in Ghana. Despite economic headwinds, we have maintained strong capital deployment and operational growth,” he said.

Beyond taxes, the company invested approximately GH¢6.4 billion in capital expenditure in 2025, largely in network expansion and digital infrastructure.

MTN says it will invest a further $1.1 billion in Ghana over the next three years, with spending focused on infrastructure upgrades and emerging technologies. The investment represents an acceleration in capital spending compared to the previous $1 billion invested over five years.

As part of the expansion drive, the company plans to build 500 new network sites in 2026 to address service gaps in peri-urban and underserved communities.

Blewett said network expansion remains central to the company’s long-term strategy.

“The next phase of our investment is targeted at strengthening network quality, expanding coverage and positioning Ghana for the next stage of digital growth,” he stated.

Mobile Money continues to be a major pillar of MTN’s business. The MoMo platform now serves more than 19 million active users nationwide.

The mobile money ecosystem has registered over 923,000 agents, with about 423,000 active daily. The company says the platform has broadened access to financial services, particularly in rural areas.

Blewett noted that financial technology is now core to MTN’s operations.

“Mobile Money has moved beyond payments. It is now a significant driver of financial inclusion, enterprise growth and employment across the country,” he said.

MTN Ghana marks its 30th anniversary in 2026 as it shifts from a traditional telecom operator to what it describes as a connectivity, fintech and digital platform business.

Source: www.kumasimail.com

Tags: AccraMTN GhanaStephen Blewetttopstory
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