The Ghana Chamber of Telecommunications and the Electronic Money Issuers (EMIs) Chamber of Ghana have called on the Information and Communications Committee and the Finance Committee of Parliament to prioritise strategic policies and legislative support for the telecommunications and digital finance industries.
They said investment-friendly policies, robust infrastructure support, and progressive regulations were essential to fully harness the potential of these industries.
The two chambers further advocated an improved regulatory framework that reduced operational barriers, expanded broadband access, and ensured the protection of telecommunication infrastructure.
Call
In a joint statement, the two chambers said their industry was a crucial driver of Ghana’s economic growth, digital transformation and financial inclusion; hence, the need to prioritise the strategic policies.
“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 revolutionising transactions, expanding financial access, and driving innovation in commerce and entrepreneurship.
“For Ghana to fully realise its economic and digital potential, these sectors must be supported through progressive policies, investment-friendly regulations and infrastructure development,” the statement said.
Collaboration
It further said while the telecommunications sector remained a cornerstone of Ghana’s digital economy, enabling connectivity for businesses, government services and communities, the digital finance industry, on the other hand, had been instrumental in revolutionising transactions, expanding financial access and driving innovation across commerce and entrepreneurship.
“Thus without deliberate efforts to create a conducive environment, these two crucial sectors may not realise their full potential in accelerating economic transformation.
Also, they emphasised the need to lower the cost of doing business in these industries to enhance affordability and accessibility for Ghanaians.
The two chambers pledged their commitment to collaborating with parliamentary committees in shaping strategic solutions that would position Ghana as a leader in telecommunications, digital payments and technological advancement.
Source: Graphic online