Gov’t assures mobile money operators on E-Levy

January 27, 2022

The assurance follows the concerns raised by MoMo operators that the introduction of the E-levy would be unfavourable to their business, lead to job losses as well as sabotage Ghana's cashless agenda

The 1.75 per cent E-levy would apply to payments, bank transfers, merchant payments, and inward remittances.

The MoMo operators have petitioned the Minority in over the E-levy which is before the House of Legislation after its suspension last year, following public outcry over its implementation.

Meanwhile, President the in an opposing view said the 1.75% levy would help generate revenue while reducing the unemployment rate in Ghana.

In a Twitter post accompanied by a video, today, January 27, President Akufo-Addo said, “The E-levy will provide the government with revenue to build more roads, provide more jobs and opportunities for the youth and reduce our dependence on debt.”

The Minister for Communications and Digitalisation, Ursula Owusu-Ekuful, at the government's Town Hall meeting, explained that the government would put in measures to protect their businesses.

“I can say confidently to the MoMo operators that we're working to grow your business and not destroy it,” she said.

She appealed to the Minority “to cooperate with the government and work with us to pass this levy as well because ultimately, the result that we got from the Communication Services Tax, which clearly didn't destroy the industry, will also be evident post-implementation of this levy.”

The in Parliament has opposed the E-levy bill ever since the government presented it in the 2022 to the House last year. Discussions concerning the passage of the levy ended up in brawls in parliament in December last year

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