Tag Archives: Mobile Money

The controversial Electronic Transaction Levy (E-levy) since it was approved in Parliament has become the worry of many Ghanaians. Some have become apprehensive about how the new tax will impact their finances, be that as it may, on May 1, the Ghana Revenue Authority (GRA) will begin its implementation. A …

Workers who receive their salaries through mobile money platforms may have to brace themselves. This is because a portion of their money is expected to be affected by the recently passed E-Levy. According to the Ghana Revenue Authority (GRA), the manner in which the controversial law was crafted makes it …

The Ghana Revenue Authority (GRA) has announced May 1st, 2022 as the implementation date for the Electronic Transaction Levy (E-Levy). In a notice, the GRA said the decision was influenced by the passage of the E-Levy bill by parliament. The E-Levy will impose 1.50% on all electronic transfers.     …

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 …

Communications and Digitalisation Minister, Ursula Owusu-Ekuful, has defended government’s decision to impose a 1.75% phone transactions levy payable by mobile money users per transaction above ¢100. A section of Ghanaians including the Minority in Parliament has kicked against this newly introduced Electronic-levy. The opposers argue that the move will intensify …