It seems the joy of MTN subscribers will be shortlived in regards to the abolished E-Levy tax. Although government has signed the bill into law, MTN is telling its users to pump their breaks on the celebrations.
President John Mahama fulfilled his longstanding campaign promise to abolish E-Levy among other taxes. On April 2, the bill was finally passed into law to repeal the tax.
However, MTN Ghana’s CEO, Stephen Blewett, announcing that the Electronic Transfer Levy (E-Levy) will continue to be charged despite its abolition by the president.
According to the CEO of the telecos company, the removal of the E-Levy tax will not reflect immediately on MTN’s platforms yet but it will surely happen as it has to undergo a process.
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“There’s a process that has to be followed. 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,” Stephen told the press.
The E-Levy, introduced in 2022, imposed a 1% tax on electronic transactions like mobile money and bank transfers, but faced public backlash for increasing financial burdens, leading to its repeal as part of Mahama’s campaign promise.
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Social media reactions highlight public frustration, with users questioning the legality of MTN’s stance since the President signed the repeal bill, reflecting broader debates on implementation delays in Ghana’s tax policy changes.
