Is The E-Levy Slowing Down Mobile Money Transactions?
techlabari.substack.com
According to the Bank Of Ghana, the value of mobile money transactions in April reduced by 3% from GH¢90.5 billion in March to GH¢87.7 billion. On May 1st, the current administration passed the controversial E-Levy bill which placed a 1.5% tax on mobile money transactions. This has been some public backlash and some fear that the bill will have an effect on mobile money transactions in the future.
Is The E-Levy Slowing Down Mobile Money Transactions?
Is The E-Levy Slowing Down Mobile Money…
Is The E-Levy Slowing Down Mobile Money Transactions?
According to the Bank Of Ghana, the value of mobile money transactions in April reduced by 3% from GH¢90.5 billion in March to GH¢87.7 billion. On May 1st, the current administration passed the controversial E-Levy bill which placed a 1.5% tax on mobile money transactions. This has been some public backlash and some fear that the bill will have an effect on mobile money transactions in the future.