• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Ghana ranked 3rd in Sub-Saharan Africa in Telecommunications Risks & Reward Index

5 years ago
in Business, highlights, Home, home-news, latest News, Technology, Telecom
2 min read
0 0
0
185
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana is ranked 3rd out of 48 Sub-Saharan Africa countries in the Telecommunications Risks and Reward Index, according to Fitch Solutions, research arm of ratings agency, Fitch.

Globally, the nation is however ranked 73rd. 

The nation scored 52.1 per cent in the reward index which prioritized stronger subscription growth and regulator data supports.

It however scored 62 per cent with regard to the risks index which highlights social, economic and political instability as well as security risks.

Overall, the country’s telecommunications market looks attractive than all the Sub Saharan African countries with the exception of South Africa and Nigeria which placed first and second respectively.

The nation also registered a strong performance for regulatory independence.

Its score of 69.6% placed it second behind Rwanda but at par with eight other Sub Saharan African countries including South Africa.

RelatedPosts

GSE Rallies as Composite Index Crosses 7,000 Points; Trade Volume Surges Over 468%

COCOBOD Rules out Syndicated Loan for 2025/2026 Crop Season Amid Global Cocoa Shortage

Fitch Solutions Projects Cedi Stability Through 2025-2026, Cautions on Gold Price Risks

In terms of rural/urban split, the report noted that the nation was performing averagely with a score of 44.7 per cent.

In terms of the youth population that is 24 years and below, 77.9 per cent are using mobile phone.

This is compared with 92 per cent in Nigeria and 61.3 per cent in South.

The GDP per capita of 26.1 per cent is also higher than Nigeria but lower than South Africa.

The telecommunication industry was among the top three tax contributors in 2019.

Despite covid-19 pandemic that triggered contraction in the economy, the Information and Communication sub sector grew by 74.2 per cent in the second quarter of this year.

The report pointed out that more African markets are reporting faster advanced mobile data services uptake and strong growth in mobile financial services.

Over the coming quarters, it expects operators to benefit from more cost-effective approaches to grow their subscriber bases.

It also said stronger subscription growth, indicated by the latest available operator and regulator data supports our positive growth outlook for SSA’s mobile market, with markets such as Nigeria, Ghana and Ethiopia driving an overall Industry Rewards score of 39.9 percent.

Telecoms market share

MTN Ghana still dominates both the voice and data base in the telecommunication industry.

According to figures from the National Communications Authority, MTN Ghana had a subscriber base of 23.9 million, representing 56.6 per cent of the market in the first quarter of 2020.

Vodafone followed with 8.9 million subscribers. This constituted 21.51 per cent of the market share.

Airtel Tigo is third with a subscriber base of 8.4 million, representing 20.25 per cent of the market share.

Glo had a subscriber base of 726,518, about 1.74 per cent of the market share.

Tags: AirtelTigoFitch SolutionsmtnVodafone
No Result
View All Result

Highlights

BoG Policy Rate Cut to 25%: Details of the 6-0 Vote Decision by MPC Members

Non-Interest Banking & Finance: A Profitable Path by Bank of Ghana

CHAN2024: Algeria Dominates Uganda, While Guinea Edges Past Niger Group Openers

Ferrari Boss Defends Hamilton Amidst Frustration After Hungarian Grand Prix

CID Establishes Task Force to Combat Influx of Stolen Vehicles into Ghana

Government Reintroduces Free Cocoa Fertiliser Programme to Boost Sector Growth

Trending

Business

GSE Rallies as Composite Index Crosses 7,000 Points; Trade Volume Surges Over 468%

August 5, 2025

GSE Rallies as Composite Index Crosses 7,000 Points; Trade Volume Surges Over 468% The Ghana Stock Exchange...

COCOBOD Rules out Syndicated Loan for 2025/2026 Crop Season Amid Global Cocoa Shortage

August 5, 2025

Fitch Solutions Projects Cedi Stability Through 2025-2026, Cautions on Gold Price Risks

August 5, 2025
Bank of Ghana

BoG Policy Rate Cut to 25%: Details of the 6-0 Vote Decision by MPC Members

August 5, 2025

Non-Interest Banking & Finance: A Profitable Path by Bank of Ghana

August 5, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.