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MTN Fuels Economic Growth with Massive R52.7 Billion Tax Investment Across Africa

MTN Group has significantly contributed to economic development across Africa by paying R52.7 billion in taxes across 16 markets in 2023. This contribution includes direct taxes, indirect taxes, and regulatory fees, showcasing MTN’s role as a key fiscal partner to governments. The telecom giant’s operations in countries such as Nigeria, Ghana, South Africa, and Uganda have supported infrastructure, job creation, and public services. Nigeria led with the highest contribution at R17.9 billion, reflecting MTN’s strong market presence there. The company emphasized its commitment to responsible corporate citizenship, transparency, and supporting national development goals. MTN’s tax payments are part of a broader socio-economic impact, including digital inclusion, innovation, and financial services expansion. The group’s substantial fiscal input underscores the private sector’s role in enabling growth and development across Africa. MTN continues to align its business practices with the long-term progress of the communities and countries in which it operates.

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