The finance minister, Ken Ofori Atta, at his mid-year budget review presentation to parliament in July 2020, announced that the Communication Service Tax (CST) would be reduced from 9% to 5% for the next six months.
In the light of this, mobile network subscribers are expected to begin enjoying the new tariffs starting September 15, 2020. This was confirmed by the Chief Executive Officer Of the Ghana Chamber of Telecommunications, Dr Kenneth Ashigbey.
The new tariff regime at 5% CST means that for every GHC 10.00 worth of credit, a customer will pay a tax of GHC 1.92 and had GHC 8.09 to purchase voice, SMS or data bundle.
Previously, at 9% CST, customers would have paid a total tax of GHC 2.21 and had GHC 7.80 to buy voice, SMS or data bundle.
This clearly indicates that with the new tariff, customers would save about 30 pesewas on the same amount of credit.