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MoMo agents to embark on nationwide strike on Thursday over e-levy

Macbillionsyoung by Macbillionsyoung
December 20, 2021
in Local news
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MoMo agents to embark on nationwide strike on Thursday over e-levy

MoMo agents to embark on nationwide strike on Thursday over e-levy

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In protest of the disputed E-Levy, the Ghana Mobile Money (MoMo) Agents Association has called a statewide strike for Thursday, December 23, 2021.

MoMo agents to embark on nationwide strike on Thursday over e-levy
MoMo agents to embark on nationwide strike on Thursday over e-levy

Check this,E-Levy: MTN, others to cut momo transfer charge by 25%

In a statement released on Monday, the union called the planned 1.75 E-levy “business-killing.”

“We consider this fee as incredibly regressive and vital to the survival of our enterprises,” the union’s General Secretary Evans Otumfuo said as part of their demonstrations against the government’s planned levy. As a result, on Thursday, December 23, 2021, our services as mobile money agents will be unavailable across the country as part of our protest.”

According to the statement, all mobile money agent businesses would be closed on Thursday to convey a message to the government.

In the 2022 budget, Finance Minister Ken Offori Atta proposed the divisive E-levy. All digital money transactions worth more than 100 cedis will be subject to a 1.75 percent charge. Despite the government’s efforts to make the case for obtaining needed funds, several stakeholders have spoken out against the levy, calling it a grip on a growing business.

While the Minority has requested that the charge be reduced to 1% and the transaction threshold be raised to 300 cedis, the government has yet to release a decree in this respect. If all attempts fail, the Ghana Mobile Money Agents Association has declared that indefinite action will be taken.

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Macbillionsyoung

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