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Residents Celebrate E-Levy Removal, But Critics Warn of Risks

3/13/2025

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Summary

Story summary

Residents of Sogakope, Ghana, celebrate the proposed removal of the Electronic Transaction Levy (E-Levy) in the 2025 budget, anticipating lower electronic transfer costs.
Critics caution that eliminating the levy could result in substantial revenue losses for the government, hindering national development.
Former NPP spokesperson Gyamfi endorses the repeal, arguing it will benefit struggling businesses in the mobile money sector.

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Story summary

Residents of Sogakope, Ghana, celebrate the proposed removal of the Electronic Transaction Levy (E-Levy) in the 2025 budget, anticipating lower electronic transfer costs.
Critics caution that eliminating the levy could result in substantial revenue losses for the government, hindering national development.
Former NPP spokesperson Gyamfi endorses the repeal, arguing it will benefit struggling businesses in the mobile money sector.