Government made telcos reduce momo charges by 0.25 percentage point \u2013 Essuman<\/b><\/p>\n Minority against levy<\/p>\n Minority still oppose to new E-Levy rate<\/p>\n A legal advisor to the president, Kow Essuman, has indicated that the E-Levy would be 1.25 percent and not 1.75 percent when passed by Parliament.<\/p>\n He said when the levy was originally introduced by the Finance Minister, Ken Ofori-Atta, at 1.75 percent, agitations by the public led to government negotiating with telecommunication companies to reduce the rate mobile money (momo) charges by 0.25 percentage points.<\/p>\n Kow Essuman who said this on his twitter handle stated that the reduction means government has also listened to Ghanaians on the controversial e-levy and reduced the level by 0.25 percentage points which implies the net E-Levy would be 1.25 percent.<\/p>\n \u201cThe e-levy rate was 1.75%. Ghanaians complained and Govt negotiated with the Telcos to ease the burden on Ghanaians, which resulted in a 0.25% reduction on the Telcos end. Govt has listened further and reduced the rate by another 0.25% resulting in a net e-levy rate of 1.25%,\u201d he said.<\/p>\n \u201cWhen the e-levy is passed, Ghanaians will be paying a net rate of 1.25% on transactions that attract the e-levy (over GHS 100 per day transactions). This is a 0.5% reduction from the initial 1.75%. The Government listened,\u201d the lawyer added.<\/p>\n The legal advisor to the president however noted that minority caucus in parliament were still opposed to the levy despite the compromises by government.<\/p>\n According to him, the opposition by the minority caucus in parliament was purely political and not in the interest of Ghana.<\/p>\n There are reports that during a meeting with the leadership of the majority caucus and the government agreed to reduce the E-Levy from 1.75 percent to 1.5 percent. <\/p>\n The minority caucus, however, has rejected the compromise, saying they (the minority) want the levy to be scrapped totally.<\/p>\n Below is Kow Essuman’s tweet:<\/b><\/p>\n A legal advisor to President Akufo-Addo, Kow Essuman Government made telcos reduce momo charges by 0.25 percentage point \u2013 Essuman Minority against levy Minority still oppose to new E-Levy rate A legal advisor to the president, Kow Essuman, has indicated that the E-Levy would be 1.25 percent and not 1.75 percent when passed by Parliament. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[82,2099,3632,2865,982,3633],"class_list":["post-772194","post","type-post","status-publish","format-standard","category-business","tag-advisor","tag-elevy","tag-legal","tag-net","tag-percent","tag-presidents"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/772194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=772194"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/772194\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=772194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=772194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=772194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"A](\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/106\/10600156.295.jpg\" "\\"A")
A legal advisor to President Akufo-Addo, Kow Essuman<\/span><\/span><\/p>\n<\/div>\n![](\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/271\/27122799.jpg\")
<\/p>\n![](\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/143\/14363599.jpg\")
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