Tag Archives: E-levy

New Patriotic Party Member of Parliament (MP) for Akyem Oda constituency, Alexander Akwasi Acquah  is making a strong case for the passage of the 1.75% Electronic Transaction Tax, popularly known as E-levy.   Alexander Akwasi Acquah argued that the introduction of E-levy is a “homegrown” solution aimed at resuscitating Ghana’s …

The Deputy Finance Minister, John Kumah, has stated that the Electronic Transaction Levy (e-levy) is not the panacea for the problems facing the country. He noted that government has never given that indication.     “The rhetoric that the e-levy is a game-changer and an answer to all problems of …

President Nana Akufo-Addo has said his government is determined to find the means to address what he describes as revenue gaps in the budget. When passed, the bill will charge a levy of 1.75 percent on electronic transactions. Government projects to raise GH₵6.9 from the levy. It is, however, struggling …

A former New Patriotic Party Member of Parliament for New Juaben South, and a one-time Chair of the Finance Committee of Parliament, Dr. Mark Assibey Yeboah, is urging the government to reconsider its decision not to go back to the International Monetary Fund (IMF) in the face of the country’s …

Deputy Finance Minister, John Ampontuah Kumah, says government is expecting about a 24 per cent drop in Mobile Money transactions after the introduction of the Electronic Transfer Levy, aka E-Levy. “The research we did also told us that there will be about 24 per cent attrition rate in the three …

The E-levy is being introduced at the lowest rate for any tax in Ghana comparatively at 1.75percent , less than 2 per cent, the Minister of Communications and Digitalisation, Ursula Owusu-Ekuful, has said while making a case for the E-levy to be passed by Parliament.     Speaking at the …

The Finance Minister, Ken Ofori-Atta, has asked Ghanaians to “convince” their Members of Parliament (MPs) to pass the Electronic Transactions Levy (E-Levy) Bill and hold him accountable for all revenues and expenses. The Minister reiterated that the time had come for the citizenry to “burden share” in the development of …

Deputy Majority Leader, Alexander Afenyo Markin is courting the support of Ghanaians for a smooth passage of the controversial Electronic Transfer Levy popularly known as E-levy. To him, the E-levy was designed to allow for an improved standard of living.       He said the citizenry must be optimistic …

The Minister for Finance, Ken Ofori-Atta  says returning to the International Money Fund (IMF) will not auger well for the country.     Speaking at the government’s town hall meeting to discuss the E-Levy on Thursday (27 January), the minister said the passage of the E-Levy will prevent the country …

The Minister for Finance,Ken Ofori-Atta says the introduction of the E-Levy by the NPP government is not the most egregious tax ever to be passed in this country. Ofori-Atta said the introduction of the E-Levy has been necessitated by the country’s quest to develop using its own resources and not …