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705 The Minister designate for Communications and Digitalisation, Mrs Ursula Owusu Ekuful, has said it is time telecommunication companies that operate mobile money paid taxes on the profits they generate from their services. She said reports she had from the common platform, which monitors mobile money transactions, showed that in January this year alone, monthly transactions that passed through mobile money platforms amounted to GH¢81.3 billion. That, she said, generated GH¢124.5 million in transaction fees for the mobile money operators, yet the money generated was not taxed, as applied to financial transactions, saying “if the state gets even 10 per cent of that per month, that is GH¢12.5 million”.

Ghana generalUrsula owusu ekufulHaruna iddrisuAppointments committee of parliamentCommunications ministryMember of parliamentCommunications service taxSection two of the electronic communicationsNational communications authorityAblekuma west new patriotic partyGhana revenue authorityMrs ursula owusu ekufulAppointments committeeMrs owusu ekufulAkuapem southSection two