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in Vaultz Business

Dr Bawumia and MTN Group Group Board Chair Underscore the Need for Strategic Partnership for Progress and Investment in Ghana

M.Cby M.C
July 7, 2023
Reading Time: 4 mins read
L R MTN SVP Markets Eben Asante GCEO Ralph Mupita VP Dr. Bawumia CEO Selorm Adadevoh Dep Min MOCD Hon Ama Pomaa Boateng

The Vice President of the Republic of Ghana, His Excellency Dr. Alhaji Mahamudu Bawumia, who was the special guest of honor at MTN Group Board Strategy session, together with the MTN Group Board Chairman, Mcebisi Hubert Jonas, and others emphasized the need for strategic partnership.

The MTN Group Board’s retreat in Accra provided opportunity for the team to engage stakeholders in Ghana to recognize and reaffirm MTN’s commitment to its stakeholders and the partnerships it has developed over the years.

The engagements included a Stakeholder Dinner hosted by MTN Ghana and attended by a cross section of private and public sector stakeholders including Ministers of State and leaders of State institutions.

The Vice President of the Republic of Ghana His Excellency Dr. Alhaji Mahamudu Bawumia was the special guest of honor at the event. Other dignitaries who attended the event included the Honorable Minister for Finance, Ken Ofori Atta, and the Honorable Deputy Minister for Communications and Digitalization, Ama Pomaa Boateng.

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Vice President of Ghana Dr. Alhaji Mahamudu Bawumia and H.E Grace Jeanet Mason in a pose with Board members of MTN Group and MTN Ghana
Dr Bawumia and MTN Group Group Board Chair Underscore the Need for Strategic Partnership for Progress and Investment in Ghana 4

MTN Ghana hosted the Board of Directors of MTN Group and members of MTN Group’s Executive Committee in Accra for the two-day MTN Group Board Strategy session. MTN Group was led by MTN Group Board Chairman, Mcebisi Hubert Jonas, and MTN Group President and Chief Executive Officer, Ralph Mupita.

The theme of strategic partnerships and the critical role it plays in creating shared value and driving sustainable growth was emphasized by the Vice President of the Republic of Ghana, Board Chairman of MTN Group, Mcebisi Jonas, and the Board Chairman of MTN Ghana, Dr. Ishmael Yamson, the key speakers at the function.

In his remarks, H.E Dr. Alhaji Mahamudu Bawumia, commended MTN for being a strategic partner in the acceleration of Ghana’s digitalization efforts.

“Ghana is taking the right measures and we are incredibly positive about our recovery and prospects of our country. Government is also focused on structural transformation in both traditional and non-traditional sectors.

Dr. Alhaji Mahamudu Bawumia

The Need for Smart Investment

Dr Bawumia highlighted the need for smart investment, noting that it is a requirement for modernization and transformation of the economy in this digital age.

“At the heart of this transformation is the need for smart investments in new technologies and critical infrastructure that will modernize the economy to gain competitive advantage on the global stage.

“This is why partnerships with organizations with MTN are critical to us as a government and we would like to commend them for their role in accelerating Ghana’s digital efforts and contributing Ghana’s socio-economic development.”

Dr. Alhaji Mahamudu Bawumia
Vice President of Ghana Dr. Alhaji Mahamudu Bawumia
Dr Bawumia and MTN Group Group Board Chair Underscore the Need for Strategic Partnership for Progress and Investment in Ghana 5

Speaking on the current global challenges, geopolitical uncertainties, and the impact of the COVID-19 pandemic on companies, the MTN Group Board Chair, Mr. Mcebisi Hubert Jonas, on his part, stressed the importance of long-term partnerships between governments and companies like MTN to drive African growth and innovation.

“The future is about strategic partnerships. We must move beyond seeing corporates only as a source of tax revenue, as entities that government’s sole focus is to regulate and control. We need to rethink partnership models between the public and private sector in support of national development agendas while at the same protecting shareholder value.”

Mr. Mcebisi Hubert Jonas

For his part, the Board Chairman of MTN Ghana, Dr Ishmael Yamson, also iterates the need for a strong and positive collaborative relationship between the Government and business for growth.

“This partnership should be anchored in a strong belief that business and society have a symbiotic relationship. The long-term viability of an enterprise depends upon its responsibility to the society of which it is a part. And the wellbeing of society depends upon profitable and responsible business enterprises.”

Dr Ishmael Yamson

Members of the MTN Group Board also undertook field visits to the market to familiarize themselves with the work of customer agents and solicit the views of traders and customers who use MTN’s services.

The MTN Group’s visit to Ghana is part of its strategy to foster and strengthen collaborations and partnerships in the countries in which MTN operates and underscore the collective effort required to achieve long term socio-economic growth.

One of the four strategic priorities of MTN’s Ambition 2025 is to ‘create shared value’. Regularly engaging with our key stakeholders is essential for MTN to deliver on this priority.

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MTN Ghana is the market leader in the mobile telecommunications industry in Ghana, offering subscribers a range of exciting options under Pay As You Go, Pay Monthly and Mobile Financial Services.

The company is part of the MTN Group which is a leading emerging market leader with a clear vision to lead the delivery of a bold new digital world to our customers.

READ ALSO: Ghanaian Equity Market Loses Its Shine As Access Stock Takes a Dive

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Tags: competitive advantageCOVID-19 PandemicDr. Alhaji Mahamudu BawumiaInvestment in GhanaMTN GroupNeed for Strategic Partnership
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