22nd January 2025 11:41:39 AM
1 min readThe Mobile Money Advocacy Group Ghana (MoMAG) has expressed its satisfaction after the finance minister-designate, Dr. Cassiel Ato Forson, announced that the government plans to scrap the controversial E-Levy in its first batch of reforms.A representative from MoMAG shared their relief, stating, “Now that the government has said it is going to abolish it [the E-Levy], it is a happy moment for us, and it is going to enhance our business.
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” The representative went on to explain how the introduction of the E-Levy negatively impacted their operations, noting, “Before the E-Levy, people used to come to the agents to deposit money and send it through their wallets. But when the E-Levy was introduced, people began asking us, the agents, to send the money directly to avoid the E-Levy.
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”MoMAG has long been advocating for the removal of the E-Levy, and the announcement has been met with gratitude. The representative added, “We have been advocating for the government to remove the E-Levy, and we thank God that the government is going to remove it, which will benefit us. We also encourage more consumers to deposit money in their wallets.
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”The group believes the abolition of the E-Levy will help revitalize the mobile money sector and encourage greater customer engagement.
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