Scrapping E-Levy Marks New Era for Ghana’s Digital Economy – Mahama
President Mahama says removing the controversial levy will empower more Ghanaians to access and benefit from digital financial services.
- E-Levy officially scrapped on April 2, 2025, ending the 1% tax on electronic transactions
- Mahama says the move is essential for promoting digital financial inclusion across the country
- Spoke at Czech-Ghana Business Seminar
President John Dramani Mahama has staunchly defended the recent abolishment of the Electronic Transaction Levy (E-Levy), describing it as a bold and strategic decision to accelerate digital financial inclusion in Ghana.
The E-Levy, which placed a 1% tax on electronic and digital transactions, was officially repealed on April 2, 2025. While the move has drawn mixed reactions—especially from critics who argue that the levy served as a crucial revenue stream—President Mahama believes the long-term benefits far outweigh the short-term losses.
Speaking at the Czech-Ghana Business Cooperation Seminar held at the Mövenpick Hotel on Wednesday, April 8, President Mahama highlighted Ghana’s ongoing digital transformation.
“In financial and digital services, Ghana is undergoing a rapid digital transformation. The recent repeal of the e-levy on electronic transactions, among other taxes, promises further growth and inclusion in digital financial services,” he said.
He stressed that eliminating barriers such as the E-Levy is essential to making digital platforms more accessible and affordable for the broader population, thereby driving innovation, business growth, and inclusive development across the country.
