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Telecom, Digital Finance sectors urgently need policy support – Chambers

byDaniel Sackitey
March 12, 2025
Reading Time: 2 mins read
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The Ghana Chamber of Telecommunications and the Electronic Money Issuers (EMIs) Chamber of Ghana are calling on the Information and Communications Committee and the Finance Committee of Parliament to prioritize strategic policies and legislative support for the telecommunications and digital finance industries.

The two sectors are seen as crucial drivers of Ghana’s economic growth, digital transformation, and financial inclusion.

The two Chambers emphasize that investment-friendly policies, robust infrastructure support, and progressive regulations are essential to fully harness the potential of these industries.

“The Telecommunications and Digital Finance sectors are not just industries but enablers of economic prosperity, financial inclusion, and national development. Telecommunications powers Ghana’s digital economy, connecting businesses, communities, and government services.

“Digital Finance is revolutionizing transactions, expanding financial access, and driving innovation in commerce and entrepreneurship. For Ghana to fully realize its economic and digital potential, these sectors must be supported through progressive policies, investment-friendly regulations, and infrastructure development,” part of a statement issued read.

The telecommunications sector remains a cornerstone of Ghana’s digital economy, enabling connectivity for businesses, government services, and communities.

The digital finance industry, on the other hand, has been instrumental in revolutionizing transactions, expanding financial access, and driving innovation across commerce and entrepreneurship.

Industry stakeholders argue that without deliberate efforts to create a conducive environment, these sectors may not realize their full potential in fostering economic transformation.

The Chambers are advocating for policies that stimulate investment and innovation while ensuring digital security and financial inclusion.

They are also calling for an improved regulatory framework that reduces operational barriers, expands broadband access, and ensures the protection of telecommunication infrastructure.

Additionally, the need to lower the cost of doing business in these industries is emphasized as a means to enhance affordability and accessibility for Ghanaians.

To achieve these objectives, the Ghana Chamber of Telecommunications and the EMIs Chamber of Ghana are committed to collaborating with parliamentary committees and other key stakeholders.

The two organizations have expressed their readiness to engage with policymakers in shaping strategic solutions that will position Ghana as a leader in telecommunications, digital payments, and technological advancement.

Tags: EMIs Chamber of GhanaGhana Chamber of Telecommunications
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