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MTN And Airtel Agree To Reduce MoMo Charges By 25% To Accomodate Government’s 1.75% E-Levy Charge

Telecommunication giants MTN Ghana and Airtel have agreed to adjust their mobile money charges by up to 25% on person to person transactions to make room for Government’s 1.75 e-levy and also lessen the burden on their customers.

A statement from the Ghana Chamber of Telecommunication on behalf of the telecommunication companies indicated that further discussions have been held with the Government of the day on the importance of cushioning the customers from the impact of the e-levy charges

With this development, customers will pay less on their mobile money charges to the telecommunication companies as Government continues to engage the telecommunication companies on how to deduct the 1.75 e-levy on electronic transactions.

It is the projection of Government that the new e-levy will raise GHC7 billion per annum to help Government make good on its infrastructural promises to the people of Ghana in their manifesto.

The e-levy is a component of the 2022 budget statement and economic policy document and was presented on the floor of parliament by the minister of finance, Ken Ofori-Atta, on behalf of the president, Nana Addo Dankwa Akufo-Addo

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