I Can’t Abolish E-levy Until I’m Told To Do So – MTN CEO
MTN Ghana CEO Stephen Blewett has said that the telecom giant will have to wait and go through a process before abolishing the E-levy.
He says the company cannot abolish the E-levy until it has been told to do so.
“There’s a process that has to be followed,” he said while speaking at the MTN House in Accra on Wednesday, April 2,
He added “I can’t abolish E-Levy until I’m told to do it. If I do it ahead of time, the Bank of Ghana will catch me.”
Regarding the performance of the E-levy, he stated that “I read an article a few days ago, and in terms of what it actually delivered for the fiscals, it was not nearly as high as the predictions”.
His comment comes at a time when President John Dramani Mahama officially abolished several taxes, including the Electronic Transfer Levy (E-Levy), Betting Tax, and Emissions Tax, by signing new legislative bills into law.
At a ceremony held at the seat of government on Wednesday, April 2, 2025, President Mahama emphasized his administration’s commitment to reducing the financial burden on Ghanaians.
While in opposition, the NDC, led by Mahama as its flagbearer, vowed to repeal taxes it considered burdensome.
The Electronic Transfer Levy (E-Levy), introduced in 2022, had been widely criticized for increasing the cost of mobile money and digital transactions.
Similarly, the Betting Tax and Emissions Tax had faced opposition from industry players and the general public.
Mahama reaffirmed his pro-people economic approach, stating that his government would continue implementing policies aimed at easing financial hardships.
The removal of the E-Levy is expected to increase digital transactions, making financial services more accessible.
The repeal of the Betting Tax is also likely to boost the gaming industry while eliminating the Emissions Tax will ease the cost burden on businesses affected by environmental levies.
Source: 3news
