• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, September 9, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Vaultz Business

Telcos slash tariffs by 4 percent

Maynard Championby Maynard Champion
September 14, 2020
Reading Time: 2 mins read
Add as Preferred on Google
network operators

Mobile network operators will reduce their tariffs by four per cent effective September 15.

This is to reflect the five per cent reduction in the Communication Service Tax.

The Chief Executive Officer of the Chamber of Telecommunications, Dr. Ing. Edem Ashigbey in a press release said “the tariff adjustment program means when our customers pay the same price they would enjoy more, which is in line with the Government’s measures in alleviating cost burden on citizens in the wake of the global pandemic.”

Acting in accordance with the passage of the Communication Services Tax (amendment) Act, 2020 (Act 1025), he indicated that, “the modifications will represent 5% CST charge and would be applied through a tariff adjustment on the products and services of its members”.

ADVERTISEMENT

 In a statement sighted by Vaultz News, engagements with the Finance Ministry and other stakeholders and agencies according to Mr. Ashigbey, has expedited “the smooth reconfiguration of service providers’ systems to accommodate the commercial and technical requirements”.

He further noted that customers will be duly notified  by network operators “on the completion of the modification exercise and provide further transparency on the adjusted tariffs of their products and services while offering other relevant information post usage of these services”.

Mr. Ashigbey assured customers on the Chamber’s commitment to the “mobile industry” and their resolve to remain “committed to the socio-economic development of Ghana”.

Additionally, he extended the Chamber’s dedication to remain resolute in its “sole object and focus in driving and supporting Ghana’s digitization agenda”.

Earlier, Kenneth Ashigbey, had commended government on the implementation of the reduced Communication Service Tax, CST, to improve performance.

ADVERTISEMENT

Speaking in an interview, he iterated that businesses are positioned to take advantage on the tax reduction to become more efficient.

“Now all of us are moving digital and all of that, the cost of doing business as far as connectivity is concerned will come down and the fact that government has reduced the tax burden on all of us as consumers is something that is good and we are only hoping that the people will use it to be able to turn their businesses around and then it will help in the recovery process for all of us.

 “You know how hard COVID has hit all businesses, now that that cost component in terms of the connectivity will be lower we hope that businesses will use it to turn round their wheels of productivity so that we can be able to recover from the effects of the pandemic”.

Government in its Mid-year budget review announced a reduction in the tax from 9% to 5% as part of measures to cushion consumers from the economic impact of the COVID-19 pandemic.

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Finance MinistryNetwork operatorstariff reductiontelcos
Please login to join discussion
Previous Post

Health Expert Cautions Against Complacency of COVID-19 Health Measures

Next Post

Education And The Ability To Feed, Has A Direct Link – Dr. Mustapha Ahmed-Hamid Suggests

Related Posts

GSA, ISA, and AGI Officials After the Meeting in Accra
Vaultz Business

AGI Delegation Call on GSA to Deepen Collaboration on Food Standards

September 9, 2026
Minister for Trade and Industry, Hon. Elizabeth Ofosu-Adjare with Partners and Stakeholders at the 2026 National Economic Zones Policy Roundtable in Accra
Vaultz Business

Gov’t Positions Economic Zones as Drivers of Jobs and Exports

September 8, 2026
BOSAG CEO, Mr. David Gowu Sharing Greetings With the Presidential Adviser on the 24-Hour Economy and Accelerated  Export Development Mr. Goosie Tanor
Vaultz Business

BOSAG Unveils Five-Year Strategy to Create 100,000 Jobs Through Outsourcing

September 8, 2026
Trade Minister Hon. Elizabeth Ofosu-Adjare With GIPC, GUTA and NUTAG Officials After Receiving their Report on Retail Trade Compliance in Accra
Vaultz Business

Govt Welcomes Foreign Investment, Warns Against Illegal Retail Trade

September 8, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Banking Giants Battle for Control of Société Générale Ghana

Banking Giants Battle for Control of Société Générale Ghana

September 9, 2026
Ukrainian Parliament Approves Law To Allow Multiple Citizenship

Zelenskyy Bemoans International Community’s Response To Russia’s Attacks

September 9, 2026
Mussa Dankwah, Executive Director at Global InfoAnalytics

Wontumi’s Endorsement Could Reshape NPP Chairmanship Race in Three Regions, Pollster

September 9, 2026
Hon. 𝐉𝐞𝐫𝐫𝐲 𝐀𝐡𝐦𝐞𝐝 𝐒𝐡𝐚𝐢𝐛.,𝐄𝐬𝐪

Weija Gbawe MP Alleges Incompetence in Government ‘s Gold Management

September 9, 2026
The Weija Dam

Weija Dam Spillage: GWCL Warns Downstream Communities Of Rising Risks

September 9, 2026
ADVERTISEMENT
Next Post
Dr. Mustapha Ahmed-Hamid, Minister for Inner City and Zongo Development

Education And The Ability To Feed, Has A Direct Link – Dr. Mustapha Ahmed-Hamid Suggests

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.