Ghana’s E-levy sets sail on a bumpy ride
The controversial electronic transaction levy (e-levy) introduced by the Ghanaian government which has imposed a 1.5percent value tax on all electronic transactions above GH¢100 ($13; £11) took off in May with government emphasizing the need to raise revenue to pursue further developmental agenda. With two years to finish his two-term administration, President Nana Akufo-Addo’s critics have chastised him for failing to fulfil his campaign promises leading to the 2016/2020 elections. The current government has been struck by two major crises since taking over the West African country, the global coronavirus pandemic as well as the Russia-Ukraine War and have affected...
