Tag: E-levy
Mobile money taxation could hamper financial inclusion gains in Africa
In an increasingly digital economy, accelerated by the Covid-19 pandemic, there has been greater collaboration between the private sector and governments in Africa to...
Ghana, and how not to tax mobile money
In May 2022, the government in Ghana introduced a deeply unpopular tax on mobile money transactions, known as the e-levy. When it was introduced,...
E-Levy reduced to 1%, good or BAD?!
The controversial and infamous electronic transfer levy (e-levy) has been reduced from 1.5% to 1%, but it is yet to be implemented.
The reduction was...
E-levy rakes in GHS328 million for government
The government has so far realised roughly GHC328.80 million from the Electronic Transfer Levy (E-Levy), as at the end of September, the Ghana Revenue...
GRA sneaks in additional E-Levy that poses threat to financial inclusion
Techgh24 can confirm that come October 1, 2022, e-levy will be applied to all pay outs on the platforms of payment services providers (PSPs),...
Tanzania abolishes obnoxious E-LEVY after it failed, lessons for Ghana
Beginning October 1, 2022, Tanzanians will wave goodbye to transfer fees on withdrawal of cash through bank and mobile money agents and ATMs for...
E-LEVY: Illegal charges on Mobile Money Interoperability platform
In 2 Conrinthians 13:1b, the Holy Bible says “Every matter must be established by the testimony of two or three witnesses.”
On the basis of...
British citizens return to CASH to cut down cost of living
Facing a cost of living squeeze, people in the UK are increasingly returning to cash as a more effective way of managing their budgets...
E-levy failure: government slashes target by over 90%
The government mobilised GH¢93.7 million revenue from the Electronic Transfer Levy (E-Levy) in the first two months of implementation.
The amount, mobilised in May and...
GRA’s weak assumptions and sloppiness in E-Levy implementation
It would appear that the Ghana Revenue Authority (GRA) working on the orders of the finance minister/ministry, on behalf of President Nana Addo Dankwa...