Tag: Ken Ashigbey
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Telcos don’t seize accounts of dead MoMo users – Telcos Chamber
The Ghana Chamber of Telecommunications says recent viral messages purporting that mobile money operators confiscate funds in the wallet of users who have passed on cannot be true as there are laid down processes to accessing such funds. Chief Executive Officer of the Chamber, Ing. Ken Ashigbey, explained to Citi Business News that the Payment…
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Telecoms Chamber to oppose any exorbitant license fee increase
The Ghana Chamber of Telecommunications is cautioning the government against any move to increase the cost of license renewal ambitiously in its quest to meet the shortfall in revenue. The Finance Minister, Ken Ofori-Atta in the mid-year budget review indicated plans to rake in more revenue from the telecom sector with the cost of renewal…
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Too many taxes can drive away investors – Telcos’ Chamber warns
The Ghana Chamber of Telecommunications is warning that the high level of taxation in the telecommunication sector could repel investors from bringing their funds to Ghana. Parliament recently approved an increase in the communication service tax announced by the government in the midyear budget review. During the presentation of the mid-year budget, the Finance Minister…
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Telcos’ Chamber calls for more dialogue on “talk tax” before it’s increased
In an attempt to walk the fine line of meeting government’s revised total revenue and grants target of GHC 58.9 billion, while avoiding overtaxing its citizens, the Finance Minister Ken Ofori-Atta has made a number of proposals, key amongst them is the proposed increase in the Communications Service Tax (CST) from 6 to 9 percent.…
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Telecoms Chamber to engage gov’t over increased tariffs
The Chamber of Telecommunications has said it is open to further discussions with the government over the imposition of taxes on operations of its members. This follows the increase in telecom service tariffs after the recalibration of the Value Added Tax (VAT). The midyear budget review saw the separation of the 5 percent GETFund and…