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UE Momo vendors appeal to government to review E-levy charges

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The Upper East Regional branch of the Mobile Money Vendors Association of Ghana is appealing to the government to re-examine the electronic transaction levy in order to keep their businesses alive.

On the 1st May 2022, the government of Ghana implemented a 1.5% Electronic Levy (E-Levy) that will be applied to mobile money transactions and bank transfers within Ghana as a way of generating more revue for development.

Speaking to A1 Radio ahead of the Mid Year budget review, the Upper East Region Chairman of the MOMO Vendors Association, Ernest Anabire said since the introduction of the levy the mobile money business has started going down as customers don’t patronize their service as before.

According to Mr. Anabire, it will go a long way to help their business if the government reduces the charges from the current 1.5% to 0.5 %

“We are thinking that there could be a review, either to cut the E-levy or probably reduce the percentage that could help retain all our customers for us otherwise we are seriously having challenges. If you look at the E-levy thing, even the telcos don’t charge as compared to this government levy. So if government what to do any review the should learn from the telcos with regards to how much they charge the customers that will help the process,” he said

Mr. Anabire stressed that “anything beyond one percent is still not good.”

Source:A1Radioonline.Com|10.1MHZ|David Azure| Bolgatanga|Ghana

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