The Association of Mobile Money Agents has suspended its intended strike and demonstration against the controversial 1.75% e-levy. The demonstration was scheduled for Thursday, December 23, 2021. The Association said the decision to suspend the protest was premised on the fact that Parliament is on recess and unable to receive […]
Business News
We will use every legitimate, lawful means to resist draconian 1.75% e-Levy – Minority
The Minority in Parliament has assured Ghanaians that it is still against the Electronic Transaction Levy (E-Levy) and will use every available means to ensure it is not implemented. The government is seeking to charge all electronic transactions that exceed GHS100 with a tax of 1.75%. From the onset when […]
US Federal Court Dismisses Incoherent Complaint Filed Against GN Bank, Outside Directors and Others
Chicago, Illinois – November 23, 2021. Today, United States District Judge Thomas M. Durkin dismissed in its entirety a complaint filed against GN Bank, its Chairman Dr. Papa Kwesi Nduom, GN Bank’s outside directors and others. The complaint was filed by Birim Group, LLC, a California Limited Liability Company whose […]
Panic withdrawals hit mobile money nationwide over 1.7% e-levy
Ghanaians across the country are rushing to Mobile Money Vendors to cash out their deposits before the 1.7% Electronic Transaction Levy (e-levy) takes effect. The National Public Relations Officer for Mobile Money Agents Association, Mr Charles Adu who disclosed this in an exclusive interview with this reporter said their members […]
Remittance flows register robust 7.3 percent growth in 2021 — World Bank
Remittances to low- and middle-income countries are projected to have grown a strong 7.3 percent to reach $589 billion in 2021. This return to growth is more robust than earlier estimates and follows the resilience of flows in 2020 when remittances declined by only 1.7 percent despite a severe global […]







