Scancom PLC (MTN Ghana) Board Chairman Dr. Ishmael Yamson has acknowledged that emerging global risks, including rising oil prices and ongoing geopolitical tensions, could weigh on Ghana’s inflation trajectory and currency stability in 2026, even as the company celebrates its strongest financial year on record.
Speaking through the company’s post-AGM statement released on Monday March 30, 2026, Dr. Yamson struck a measured tone, noting that despite Ghana’s remarkable macroeconomic recovery in 2025 — with inflation falling from 23.8 percent to 5.4 percent and the cedi strengthening against the US dollar — the external environment remains unpredictable. He nonetheless reaffirmed the board’s confidence in Ghana’s fiscal discipline and the ICT sector’s structural growth potential, driven by digitalisation and artificial intelligence adoption.
The statement provides additional detail on MTN Ghana’s ESG performance during 2025, confirming that the company sourced approximately 50 percent of its energy from solar, contributing to reduced carbon emissions and lower operational costs. Female representation in the workforce exceeded 43 percent by year-end. The company also disclosed that it paid GH¢10.5 billion in taxes and GH¢1.3 billion in fees and levies to government during the year, underscoring its role as one of Ghana’s largest single contributors to the public purse.
Chief Executive Officer Stephen Blewett described 2025 as a year of robust growth driven by effective execution and an improving macroeconomic environment, with service revenue rising 36.2 percent to GH¢24.4 billion and data revenue growing 48.8 percent to GH¢13.4 billion.
Shareholders at the March 24 AGM approved the final dividend of GH¢0.40 per share, bringing the total 2025 payout to GH¢0.48 per share. The final dividend tranche is scheduled for payment on April 10, 2026, with a second installment of GH¢0.08 per share due in September 2026.
