President John Dramani Mahama has defended the scrapping of the Electronic Transaction Levy (E-levy), describing it as a strategic move aimed at enhancing digital financial services in Ghana.
The E-levy, which imposed a 1% tax on transactions conducted through electronic or digital platforms, was officially abolished on April 2, 2025.
While the decision has sparked mixed reactions, with some critics noting that the levy was a significant source of revenue for the government, President Mahama emphasized that the move would help make services more accessible to the public.
He made these remarks during his address at the Czech-Ghana Business Cooperation Seminar, held at the Mövenpick Hotel on Wednesday, April 8.
“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,” President Mahama stated.
