Ghana’s Telecom and Digital Finance Sectors Seek Urgent Policy Support for Growth and Innovation
The Ghana Chamber of Telecommunications and the Electronic Money Issuers (EMIs) Chamber of Ghana are urging lawmakers to prioritize policies and legislative support for the telecommunications and digital finance sectors. These industries are seen as key contributors to the nation’s economic development, digital transformation, and financial inclusion. Both chambers emphasize the importance of creating investment-friendly policies and providing robust infrastructure support to fully leverage the potential of these sectors.
The telecommunications sector is central to Ghana’s digital economy, facilitating business operations, government services, and community connectivity. Meanwhile, digital finance has revolutionized transactions, expanded access to financial services, and driven innovation in commerce and entrepreneurship. Both industries are essential for fostering economic prosperity and national development, and industry stakeholders argue that without deliberate policy support, their full potential may not be realized.
To ensure the growth of these sectors, the chambers are calling for progressive policies that encourage investment, innovation, and infrastructure development. They advocate for an improved regulatory framework that lowers operational barriers, expands broadband access, and enhances the protection of telecommunications infrastructure. These measures would create an environment conducive to business and economic growth, while ensuring that the benefits of digital finance and telecommunications reach all Ghanaians.
The Ghana Chamber of Telecommunications and the EMIs Chamber of Ghana are committed to collaborating with Parliament’s Information and Communications Committee and Finance Committee. They aim to shape policies that will position Ghana as a leader in telecommunications and digital finance while promoting financial inclusion, digital security, and economic innovation. Both chambers are eager to engage with policymakers to create strategic solutions that will support the continued growth and development of these crucial sectors.
SOURCE: CITI NEWSROOM