The South African foreign minister Naledi Pandor has called on MTN Group and the Ghana Revenue Authority to find a solution to their tax dispute. 

The South African foreign minister Naledi Pandor at the weekend called on mobile operator MTN Group and the Ghana Revenue Authority to find a solution to a US$773-million (R13.3-billion) tax dispute.

Earlier this month, MTN said the Ghana Revenue Authority issued the company’s subsidiary, MTN Ghana, with a bill for back taxes after auditing it for the years 2014 to 2018 and inferring that it had under-declared its revenue by about 30% during the period.

MTN, which has a presence in 19 countries in Africa and the Middle East, said at the time that it disputed the “accuracy and basis” of the assessment and that it would fight it.

Read also MTN Fights Against $773-million Tax Claim in Ghana

Minister Pandor was briefed on the issue this week and called “on the parties involved to do everything possible to find an amicable solution”, the department of international relations & cooperation said in a statement.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry