Panic withdrawals hit momo agents as E-Levy returns to parliament - Sam George

E-levy to be considered next week, Minority

Finance Ministry engaging stakeholders, Ghanaians on E-Levy

Minority insists E-levy will be rejected

The Member of Parliament for Ningo Prampram, Sam Nartey George, has said there are currently panic withdrawals on Mobile Money transactions by a section of Ghanaians.

According to him, the panic withdrawal is based on

Read full articlethe expected resubmission of the controversial E-Levy in parliament.

In a Facebook post, he said “Panic withdrawals hit MoMo agents as news of E-Levy return to Parliament filters out. God save the Republic.”

Meanwhile, a government team led by Ken Ofori-Atta has failed to reach a consensus with the Minority on the issue of E-Levy today.

According to Ghanaweb sources, the meeting ended inconclusively after the government insisted on the 1.75 percent tax on E-levy transactions.

The Minority however questioned the essence of the engagement if the government maintains the 1.75 percent on the E-levy.

Furthermore, the government is expected to present the E-Levy before the House on Tuesday, February 1, as they are currently engaging stakeholders and some sections of the public.

As part of the consultations, the government held a town hall meeting in Koforidua to engage sections of the Ghanaian public on the E-Levy.