Tag Archives: MoMo Agents

The Mobile Money Advocacy Group Ghana (MOMAG) and Momo Agents have expressed disappointment with the Ghana Revenue Authority (GRA) over the imposition of the E-levy on agent SIM cards, which they say is resulting in double taxation for their businesses. MOMAG, in a statement on Wednesday, March 20, 2024, noted …

The Mobile Money Advocacy Group (MoMAG) has announced the immediate suspension of the GHȻ1000 cap on withdrawals. According to MoMAG, this follows meetings with the relevant authorities, regarding their meagre and static commissions. In a bid to secure fair compensation for their services, Mobile Money (MoMo) agents across Ghana announced …

In a bid to secure fair compensation for their services, Mobile Money (MoMo) agents across Ghana will implement a temporary measure limiting cash withdrawals to a maximum of GH¢1,000 per transaction, effective December 1, 2023. The decision was announced in a joint statement issued by four MoMo Associations: the Northern …

The government has reduced the Electronic Transfer Levy rate from 1.5% to 1%. The daily transaction threshold has also been removed. This, according to the government, will allow more Ghanaians to use the service. This was announced by the Finance Minister, Ken Ofori-Atta on Thursday, November 24, during the 2023 …

The Association of Mobile Money Agents has disclosed that they have called off their intended strike slated for Thursday, December 23.   Speaking  to the  General Secretary of the Association, Evans Otumfo, this is due to a fruitful meeting they had with the Ministry of Communications and the National Communications …

    Members of the Mobile Money Agents Association of Ghana (MMAAG) have hinted of increase in service charges following an emergency meeting on Friday, June 25.   The Association had complained about back-door increase in taxes imposed on telecommunication companies by government, thereby forcing them to pass on the …