Ghana calls for home-grown telcos

By Nana Appiah Acquaye, Accra, Ghana

Ghana’s Minister of Communications, Harruna Iddrisu, has bemoaned the non existence of local mobile network operators in Ghana’s telecom industry, which he says is according to him is the most vibrant and most independent industry in the country now.

Addressing participants at the African Investment Forum in Accra, Iddrissu said this development is very worrying to Government, because local participation in the telecom industry will not only bring pride and honour but also serve as an encouragement to other local investors to invest into other sectors of the economy.

He acknowledged that a huge capital investment is needed to compete within the telecom industry, but noted that the telecom sector in 2012 is estimated to be the biggest revenue generator for the Government of Ghana.

The minister gave the assurance that Ghana remained a very safe and secure investment destination. “It has established the necessary legal and regulatory framework which guarantees the safety of investment in ICT.”

Harruna Iddrissu who is a lawyer by profession, pointed to the country’s judicial system as one of the best so far: “Our courts are free, fair and independent in dealing with all legal issues. With regards to the national regulator, the National Communication Authority (NCA), he emphasized that it is an independent regulatory body, subjected to no minister or Member of Parliament, make and takes it own decision without any interference from the government of the day.”

He further disclosed that Ghana has also been recognized as an attractive destination for Business Processing Outsourcing(BPO) and was rank the number one destination in Sub-Saharan Africa ahead of countries like Senegal and South Africa and number 25 globally out of 50 countries by the A.T. Kearney Global Services Location Index (GSLI), 2011.

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