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Repeal of E-Levy: Mahama will have a change of mind come 2025, says Dwamena

A former director of finance and administration of the New Patriotic Party (NPP), Dr Charles Dwamena (Dr China) has stated that former President John Dramani Mahama will be convinced against the idea of scrapping the E-Levy if he wins power in 2024.

According to him, come 2025, the former president will be amazed at the things the government will use the E-Levy proceeds to do which will cause him [Mahama] to have a change of mind against repealing the tax.

Speaking on Asaase Radio’s news analysis and current affairs show – The Forum – on Saturday (7 May), Dr Dwamena said “it’s not so much about the money being collected as against what it’ll be used for. And I believe that in all honesty, Mahama will have a change of mind come 2024 because he’ll see real progress made with the taxes.

“And that’s what every Ghanaian is looking at. Because this sector [e-commerce] cannot be left just like that, it’s growing in leaps and bounds. When you look at e-commerce in Ghana as of 2016, it was nowhere near even a GHC100 billion. But as at 2020, just before COVID-19 and immediately after COVID-19, it just ballooned and you can’t just leave it like that.”

He added, “a time will come where the volume of trade and commerce on e-platforms will far supersede that of the traditional banks.”

Next NDC government will repeal E-Levy Act

Earlier, former President John Dramani Mahama said if the National Democratic Congress (NDC) win the 2024 general elections, the party will abolish the Electronic Transfer Levy (E-Levy).

According to Mahama, although the NDC is not against new taxes, the party will not condone “burdensome taxes like the E-Levy.”

Delivering an address under the theme, “Ghana at a Crossroad” on Monday (2 May), Mahama said, “We in the NDC do not oppose taxation as a principle. We will not be pretentious and couch fanciful slogans to condemn the principle of taxation like the NPP did in the past. We are, however, implacably opposed to distortionary and burdensome taxes like the E-Levy that only force Ghanaians to endure more suffering.

“A new National Democratic Congress government, God willing and with the votes of the sovereign people of Ghana in 2025 will repeal the E-Levy Act,” he said.

Nicholas Brown

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