MoMo Agents To Meet President Akufo-Addo In May
The Ghanaian Mobile Money Agents Association has announced that it will meet with President Nana Akufo-Addo next month to discuss the disputed Electronic Transfer Levy (E-Levy).
Even though the 1.5 percent tax is slated to go into effect on Sunday, May 1, 2022, mobile money agents are requesting a meeting with the President because they were never consulted on the decision.
Dela Dunstan Abotsi, the Association’s President, expressed hope that the meeting with the President will result in a resolution to their issues.
“The president has given us an invitation to come for a meeting next month, hence our hands are tied on making any move until we meet with him. We wouldn’t want to do anything that we will be sorry for later. Imagine taking a decision and after meeting with the president, everything goes well,” he said.
Meanwhile, the Ghana Chamber of Telecommunications has requested for a review of portions of the law to eliminate the 1.5 percent tax on salary payments received using mobile money, ahead of the widely anticipated implementation of the Electronic Transfer Levy (E-Levy) in May 2022.
According to the chamber, salaries paid using mobile money will be subject to a 1.5 percent E-levy, whilst salaries received through banks will not be subject to an E-levy.