Audio By Carbonatix
Social media users have gone agog over speculations that the Electronic Transfer Levy (E-levy) is not meeting government's expectations.
A leading member of the New Patriotic Party (NPP), Gabby Otchere-Darko, had disclosed that the Electronic Transactions Levy (e-levy) generated less than ¢60 million; close to two months after its implementation.
He said government was expecting about ¢600million.
“What options are open to the government? The question should rather be: what option, if adopted, will re-inject investor confidence in our economy? Even if we find the $3-5 billion required, will that help? E-levy which was to have given us some 600m by now has done less than 60m,” he said in a tweet on Monday, June 27.
In less than 24 hours, social media has gone agog over Mr Otchere-Darko’s revelation.
As many jubilated that the populace have silently resisted the levy, others were quite cynical.
To skeptics, they believed it was a mundane means the government is employing to turn to the International Monetary Fund (IMF) for more money.
“How come the E-levy that was raking in GH₵1 million daily from a single charging entity, fail to push beyond 10% of the target?” a social media user quizzed.
Meanwhile, others have taken a dig at government for the implementation of the E-levy.
Latest Stories
-
Stakeholders demand action against foreign-led illegal mining in Ahafo Region
18 minutes -
Ghana handed tricky draw at 2026 Amputee World Cup
26 minutes -
2024 Nyankpala election violence: Youth group petitions authorities over slow probe
30 minutes -
Ghana, UNICEF strengthen partnership to advance child protection
54 minutes -
Day Two of 3rd Republic Bank-JoyNews Habitat Fair ends with great homeownership offers and financing solutions
57 minutes -
Guinness Ghana DJ Awards 2026 Pub Fest celebrates Ghana’s DJ culture as Accra turns up the energy
1 hour -
10th woman found dead in South Africa’s string of killings
1 hour -
French Embassy trains Ghana Police CTU in counter-terrorism operations
2 hours -
UPSA uncovers mass results manipulation involving 178 students, over 500 results compromised
2 hours -
ECG announces planned power outages in parts of Tema from Sept. 29 to October 1
3 hours -
Sylvester Mensah urges Latenu FM to promote trade, export opportunities in Ga
3 hours -
Ga language under threat of decline as children shy away from speaking it – Sylvester Mensah
3 hours -
‘Let every Ga child you raise know the Ga language and story’ – Sylvester Mensah
3 hours -
‘We are not deterred’ – Ablakwa responds to backlash over South Africa evacuation
3 hours -
Day Two: Republic Bank-JoyNews Habitat Fair gains momentum at Junction Mall
4 hours