Ghana: Policies must be investor friendly – Telecoms Chamber
The Ghana Chamber of Telecommunications has called for policies that will motivate players in the industry to invest heavily in infrastructure in readiness for the ‘explosive demand’ for their services in the near future.
According to the chamber, with the rapid demand for smart phones around the world and in Ghana, there will be an increase in the demand for data services, hence the need for operators to invest heavily to expand infrastructure.
The Chief Executive Officer of the Chamber, Kweku Sakyi-Addo, made the call at a forum under the auspices of eTV Ghana on the theme; “The impact of mobile handsets and communications service tax on consumers”.
“We find ourselves in a situation where polices being introduced in the country are becoming a disincentive for investment rather than an incentive to encourage that”, Sakyi-Addo said.
His call comes in the wake of the amendments done to the Communications Services Tax Law which the telcos claim is draining too much funds from them in the form of taxes and, therefore, impacting negatively on their ability to invest in infrastructure expansion.