This comes as President John Dramani Mahama assented to the Electronic Transfer Levy Act, 2022 (Act 1075) and the Electronic Transfer Levy (Amendment) Act, 2022 (Act 1089) bill, which abolishes …
E-Levy
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Economy and FinanceNews
Don’t be in a haste to scrap e-levy, COVID levy – ISSER to gov’t
by Adnan Adamsby Adnan AdamsTogether, the E-levy and COVID-19 levy are projected to generate over GH¢5 billion in revenue, with GH¢2.1 billion from the E-levy and GH¢3.172 billion from the COVID-19 levy.
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Economy and FinanceLifestyleNewsTechnology
E-levy collections amounted to GH¢1.19bn in 2023
by Adnan Adamsby Adnan AdamsThe E-levy charge covers mobile money payments, bank transfers, merchant payments, and inward remittances (Ghana Revenue Authority, 2022).
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Agric and EnvironmentEconomy and FinanceNews
Reducing rate of E-levy to expand the economy.. stakeholders share ideas
by Adnan Adamsby Adnan AdamsThe newest voice is the Chief Executive Officer of the Ghana Telecommunications Chamber who wants the rate to be reduced from 1.5% to 0.1%.
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Agric and EnvironmentEconomy and FinanceNews
Ghanaians call for massive reduction in e-levy rate
by Adnan Adamsby Adnan Adams“E-levy can be made better. It can be made more efficient. Let us reduce the rate to 0.5% and I am sure we can raise a lot of revenue,” Prof. …
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Agric and EnvironmentEconomy and FinanceNewsTechnology
91% Ghanaians lack confident in judicious use of E-Levy funds – report
by Adnan Adamsby Adnan AdamsThe survey report released by CDD-Ghana shows, out of the total sample size, only 9 percent of Ghanaians are confident that the government will use revenue from the E-levy to …
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Economy and FinanceNewsPolitics
Gabby’s E-Levy tweet: mind-game on Ghanaians for IMF program
by Adnan Adamsby Adnan AdamsSo some policy analysts and journalists have described Gabby’s tweet as a mind game on Ghanaians to pave way for government to announce intent of going to the IMF since …
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Economy and FinanceLifestyleNews
Fiscal deficit to widen further.. as gov’t plans to pay COLA to teachers
by Adnan Adamsby Adnan AdamsTeacher unions including NAGRAT, GNAT and others have given a June 30th deadline for government to pay the allowance or face a series of industrial actions.
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Agric and EnvironmentEconomy and FinanceNewsTechnology
Exclude salary payments via MoMo from E-Levy – Telcos
by Adnan Adamsby Adnan AdamsAccording to the chamber, per the current law, salaries that are paid via mobile money would attract the 1.5% charge, whereas salaries paid through banks will not attract any E-levy. …
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Agric and EnvironmentEconomy and FinanceNewsTechnology
E-Levy implementation: Telcos doubt meeting deadline to reconfigure their system before May
by Adnan Adamsby Adnan AdamsAlthough the telcos have assured to do their best to ensure the required systems are put in place to collect the E-levy, they say, the right infrastructure must be put …