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Finance Minister reaffirms government commitment to economic stability to MTN Group investors

Thu, Jun 1 2023 10:08 PM
in Ghana General News, News
finance minister reaffirms government commitment to economic stability to mtn group investors
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Finance Minister Ken Ofori-Atta has spoken about the role of Ghana’s mutual prosperity dialogue as a convening platform that will ensure that the private sector is at the centre of the country’s growth agenda. 

The Minister provided insights into Ghana’s macro-economic prospects to a group of MTN investors where he outlined the future prospects of Ghana, including the benefits and importance of the recently signed agreement with the IMF.

The Minister indicated that Ghana is “seeking partnerships to enable us to crystallise our ambitions of being the seed country for Africa’s economic and development renaissance.”

Mr Ofori-Atta said this when he led his delegation attended Day one of MTN Group’s Capital Markets Day in Johannesburg, South Africa.

Finance Minister reaffirms government commitment to economic stability to MTN Group investors

The accompanying delegation included Reginald Yofi Grant, CEO of the Ghana Investment Promotion Centre (GIPC) and Solomon Asamoah, the CEO of the Ghana Infrastructure Investment Fund (GIIF) who participated in the panel on Ghana’s economic health, prospects, and opportunities at the event. 

The first day of the Capital Markets Day afforded MTN investors the opportunity to better understand the market dynamics across the Group footprint, with speakers unpacking the key drivers of these markets and sharing some of the challenges and opportunities. 

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Key speakers for the event included the Deputy Governor of the South African Reserve Bank Dr Rashim Cassim, CEO of South Africa’s Energy Council James McKay,  Standard Chartered Bank’s Head of Research: Middle East and Africa, Razia Khan and Bismarck Rewane who is the Managing Director and CEO of Nigeria based Financial Derivatives Company. 

Finance Minister reaffirms government commitment to economic stability to MTN Group investors

During his visit, Mr Ofori-Atta accompanied by MTN Group Chairman, Mcebisi Jonas paid courtesy visits to the President of the Republic of South Africa, Cyril Ramaphosa and the country’s Minister of Public Enterprises, Pravin Gordhan. 

The second day of the meeting, which is hosted by MTN Group CEO and President, Ralph Mupita, together with his senior leadership team, is an opportunity for MTN to unpack its progress, detail prospects and spell out plans for the MTN of tomorrow.

Ghana is a key market for MTN Group. The country has significant growth opportunities and MTN has already committed to invest $1 billion on capital expenditure.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policies of Homebase Television Ltd.

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