The Vice President, Dr. Mahamudu Bawumia, has stated categorically that he will abolish the tax on electronic financial transactions, e-levy, if elected President of Ghana. The...
The Bank of Ghana today February 6, 2024, met officials of the Ghana Revenue Authority and stakeholders within the financial sector to address concerns regarding unauthorised...
In a candid pre-budget conversation on Joy FM on Wednesday, Prof Peter Quartey, the Director of the Institute of Statistical, Social, and Economic Research (ISSER), unveiled...
Revenue from MTN’s Mobile Money person-to-person (P2P) transactions declined by 13.3 per cent post implementation of the Electronic Transactions Levy (E-Levy) in May 2022. The government...
In Ghana, the “e-levy” has been linked to the current administration’s “Ghana Beyond Aid” strategy for reducing aid dependence. Taxes on MoMo, in Ghana and elsewhere,...
The mobile telecommunication giant, MTN, has announced that the contribution of Mobile Money (MoMo) to its revenue decreased from 22.8% to 19.3% year on year in...
The Ghana Revenue Authority (GRA) has urged the public not to shun the use of mobile money and electronic transaction platforms in a bid to avoid...
The 1.5 per cent electronic transfer levy was implemented on May 1, 2022. In practical terms, this will increase mobile money transfer fees to 2.25 per...
The Ghana Revenue Authority (GRA) has assured that it has put in place enough systems to track and keep all records of deductions done as part...
Chief Executive Officer (CEO) of the Ghana Bankers Association, John Awuah has noted that some banks have been calling on his office to seek further clarifications...