Economy

MTN plans to consolidate 20% MoMo growth rate in H2

By Eugene Davis Telecommunication giants MTN, operators of mobile money services expect to maintain its resurgence and 20percent growth rate for the end of calender 2023, Head of Products and Services, Mobile Money Limited Sylvia Otuo Acheampong has disclosed. Bank of Ghana data revealed that in the first half of 2023, the total mobile money transactions reached ¢859 billion, a significant increase from ¢480 billion recorded during the same period in the previous year. According to the Head of Products and Services, Mobile Money Limited Sylvia Otuo Acheampong, “As at half year we were around 14m active mobile money customers,...
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