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Mobile Money users oppose proposed E-levy changes

Mobile Money users oppose proposed E-levy changes

Following an announcement made by the Minister of Finance, Ken Ofori-Atta, on a reduction of the E-Levy from 1.5% to 1% while presenting the budget and economic policy, he added that, the policy will be applied to all transactions effective 2023.

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Speaking to a cross-section of mobile money users and vendors by Citi News’ team in Accra to ascertain their opinions on the new directive, one of the mobile money operators said: “I will handle cash.

I will do bank transfers.

Yes, I will use that one to beat it because I am also wise.

If you say it is one percent, but it will be on everything you do, whether you send or allow cash, then it means that, you are rather coming to punish me”.

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Another mobile money user asked, “What’s the difference between 1.5% and 1%

It is a bit risky, but I’m always careful, so I will rather have cash than be cashless and still be owing”.

Original Story on: Citi Newsroom


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