Audio By Carbonatix
There’s growing unease at the country’s premier telecommunications company, Ghana Telecom over a wide gaps between the earnings of expatriate staff and Ghanaians.
Some 22 expatriates from the Norwegian telecommunications company, Telenor work for GT under a management contract.
Joy News investigations have established that the expatriate staffs take almost 40 percent of the company’s total emoluments.
A Pay As You Earn Tax Computation for the month of August obtained by Joy News shows a total taxable income of 3 billion, 66 million and 40 thousand cedis.
The concern over the salaries of the expatriate staff first came up in Parliament a fortnight ago when Communications Minister, Prof. Mike Ocquaye appeared to answer questions from the MP for Tamale South Haruna Iddrisu.
The PAYE tax computation for August obtained by Joy News reveals that the expatriates numbering twenty-two drew a total of 1.26 million Norwegian Kronas.
The amount converts into a net of ¢1.9 billion at an exchange rate of ¢1, 5251. The grossed net amounts to ¢2.5 billion but amount of 518.3 million cedis was added up as grossed-up car and rent element.
The taxable income therefore rounded up to over three billion cedis. The chart showed that the highest earner, Chief Executive Haugen Frode earned a taxable income of ¢244.2 million for the period whilst the second on the chart earned ¢182.2 million.
The least on the chart earned ¢82.6 million for August alone. Insiders say the figures represent almost forty per cent of the entire work force emoluments.
Joy News sources at the Telecom company say the best paid senior Ghanaian managers earn not more than three thousand dollars which converts to about 28 million cedis a month.
One source indicated there is growing disquiet amongst Ghanaian managers of GT about what they call the huge amounts expatriates draw monthly saying they don’t see any exceptional things being done at the company.
Communications Minister Professor Mike Ocquaye was invited before Parliament two weeks ago to explain how many expatriates still worked at the company and how much in emoluments they were drawing.
This was after the MP for Tamale, South Haruna Iddrisu requested to know the total number of expatriate staff at Ghana Telecom and their wage bill.
Mr. Ocquaye said there were no more than 11 expatriates currently working with GT but promised to provide their emolument levels on November 15.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Gold prices recover from two-month low as dollar rally stalls
29 minutes -
Hormuz transits at lowest in over two months after attacks, data shows
37 minutes -
Bezos says Blue Origin likely to pursue IPO in coming years
46 minutes -
Samsung flags $80 billion profit on AI boom, highest quarterly for any tech company
55 minutes -
Amazon makes fresh job cuts, mainly in retail division
1 hour -
Government plans emergency capacity expansion at Korle Bu, KATH, Tamale, 37 Military
2 hours -
‘Means more than just a trophy’ – Djokovic claims 102nd title of career
2 hours -
African Union launches continent’s first credit rating agency
2 hours -
Ghana, 3 others face large financing needs, debt servicing costs – World Bank warns
3 hours -
Eurobond repayment: Ghana faces US$6.4bn repayment burden between 2027 and 2030 – World Bank
3 hours -
Government to add 100 new ambulances to national fleet in 2027
4 hours -
Ex-Spurs player Vega set to run for FIFA president
4 hours -
Arteta signs new contract with champions Arsenal
4 hours -
Former Man City player Silva comes out of retirement
4 hours -
‘I have a screen in my office’ – Akandoh on real-time emergency bed tracking
4 hours