Programmes Officer at the Centre for Democratic Development (CDD-Ghana), Vera Addo has endorsed the scrapping of the Electronic Transfer Levy (E-Levy), citing its negative psychological impact on young people and digital entrepreneurs.
Speaking during a special panel review on Channel One TV on Wednesday, May 7, 2025, assessing the president's performance in his first 120 days, Vera Addo said that the tax eroded confidence in mobile money platforms, discouraged seamless transactions, and left users feeling financially burdened.
According to Addo, the cancellation of the levy was a welcome move that restored confidence in cashless transactions. "For the economy, the removal of some of the taxes was really important.
For me, E-levy-I don't know if there was any study on E-levy and mental health among young people. "For some reason, you have a lot of start-ups who would just want to pay momo, if you take Uber and you were asked to add charges, we always had issues.
