E-levy implementation: Our businesses will collapse- MoMo Agents cry
E-levy implementation: Our businesses will collapse- MoMo Agents cry Some Mobile Money Merchants have cried bitterly following the implementation of the E-levy which will be effective from 1 st May, 2022. According to them, majority of them will lose their jobs due to its implementations. They added that, their customers have earlier told them that, they will stop the electronic transactions should incase the government approve the e-levy. They made these comments after the Ghana Revenue Authority (GRA), has indicated that the implementation of the 1.5% Electronic Transfer Levy (E-levy) will be done in phases. It indicated that the decision to phase the implementation is due to its assessment of the readiness of the charging entities. In a letter to all charging entities on Thursday, the GRA said it has observed that some of the charging entities were yet to fully integrate with the E-levy Management System hence its decision. “Following Ghana Revenue Authority’s ass