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MTN CEO Faces Backlash Over E-Levy Comment After Mahama’s Assent

The CEO of MTN Ghana, Stephen Blewett, is facing significant criticism from Ghanaians after his comments on the E-Levy issue. Blewett had stated that it wouldn't be feasible to scrap the E-Levy instantly, even after former President Mahama gave his assent to its cancellation. His statement, made in the wake of the Ghanaian Parliament's official decision to abolish the levy, has stirred strong reactions online. Many netizens took to social media to express their frustration with his stance, questioning why the company was still resistant to the changes despite the clear directive from the government. The E-Levy, which had been a controversial tax initiative, has sparked both relief and heated debates among the public, with some celebrating its removal while others express concerns about its long-term effects on mobile money transactions.

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Mahama Delivers on Election Promise, Abolishes E-Levy and Betting Tax

President John Dramani Mahama has signed a set of legislative bills into law that will eliminate several taxes, including the controversial Electronic Transfer Levy (E-Levy), Betting Tax, and Emissions Tax. This decision is in line with the National Democratic Congress's (NDC) promise to reduce the financial burden on Ghanaians.The bills, which were presented to Parliament by Finance Minister Dr. Cassiel Ato Forson on March 13, 2025, include the repeal of the E-Levy, Betting Tax, and other fiscal reforms. These changes mark a significant shift in the country's tax policies.The E-Levy, introduced in 2022, imposed a 1% charge on mobile money and online transactions, facing backlash for its impact on people's disposable income. The Betting Tax, a 10% levy on gambling winnings, also drew criticism from the gaming sector.In his 2024 election campaign, Mahama had promised to abolish these taxes within […]

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Govt to Scrap E-Levy and COVID Levy in 2025 Budget

The government of Ghana has confirmed that it will abolish both the E-Levy and the COVID Levy in the upcoming 2025 budget, which will be presented on March 11, 2025. Felix Kwakye Ofosu, the Minister of State for Government Communications, shared this development during a press briefing in Accra on March 10. These changes are part of the government’s 120-day Social Contract, which includes 26 key pledges aimed at revitalizing the economy and easing the financial burden on citizens.In addition to scrapping the levies, the government is also planning a review of taxes and levies on vehicles and equipment imported for industrial and agricultural purposes. Other significant promises include launching the 24-Hour Economy Policy, introducing a ‘No-Academic-Fee’ policy for all first-year public tertiary students, and establishing a Women’s Development Bank. Furthermore, job creation initiatives are a priority within the budget.Ofosu […]

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