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Home› Ghana› MTN Ghana pays GH¢9bn to state, earns GH¢7.8bn profit in first 9 months of 2026

MTN Ghana pays GH¢9bn to state, earns GH¢7.8bn profit in first 9 months of 2026

GhanaNov 1, 2026, 10:09 PM
🇬🇭 GhanaNEWS DESKPublisher image not supplied
NEWS DESKGhana
PUBLISHEDNov 1, 2026, 10:09 PM
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MTN Ghana paid GH¢9 billion in direct and indirect taxes to the state in the first nine months of 2026, surpassing its profit after tax of GH¢7. 8 billion for the same period, according to the company’s latest unaudited financial statements. The nine-month results ended September 30, 2026, show the company’s significant contribution to public finances, with tax payments rising from GH¢7. 3 billion in the prior year to GH¢9. 0 billion. In addition to the direct and indirect taxes, the company also paid GH¢533. 6 million in fees and levies to government agencies. Although the tax outlay exceeded the bottom line, MTN Ghana still delivered robust profitability, with profit after tax up 43. 0 per cent year-on-year to GH¢7. 8 billion. This growth was driven by a 33.

5 per cent surge in service revenue to GH¢23. 2 billion, underpinned by strong performance in the data, digital, and Mobile Money segments. Data revenue was the primary growth engine, surging 44. 5 per cent to GH¢13. 5 billion, supported by a 16. 1 per cent increase in active data subscribers to 22. 0 million. Digital revenue nearly doubled, rising 98. 0 per cent to GH¢642 million, while Mobile Money revenue rose 24. 4 per cent to GH¢5. 4 billion. The company’s Earnings Before Interest, Tax, Depreciation and Amortisation rose 40. 6 per cent to GH¢14. 3 billion, and the EBITDA margin expanded 3. 1 percentage points to 61. 5 per cent. Profit before tax rose to GH¢11. 4 billion, up 47. 0 per cent. The financial statement also reported tax expense of GH¢3. 6 billion for the period, up from GH¢2. 3 billion in the…

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Main source: MyJoyOnline

TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.

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