Sad Ghanaian youths has called on Twene Jonas to fight the current #MoMoTax battle for them.
Ghana’s government has introduced an Electronic Transaction Levy (E-Levy) as part of its efforts to expand the country’s revenue base.
With this initiative, all electronic transactions will incur a 1.75 percent fee. According to Finance Minister Ken Ofori-Atta, this tax is intended to increase financial inclusion and safeguard the underprivileged.
The fee will be applied to all transactions involving mobile money, bank transfers, merchant payments, and inbound remittances and will be borne by the sender.
“Following extensive debate, the government has decided to impose a fee on all electronic transactions in order to expand the tax base and bring the informal sector into the fold. This would be referred to as the “Electronic Transaction Levy, or E-Levy,” Ken Ofori-Atta stated Wednesday during the presentation of the 2020 Budget to parliament.
It is in response to the 1.75 percent #MoMoTax that the Ghanaian youth, particularly netizens, have urged a brutally honest political critic in the shape of Twene Jonas to join the fray, in the hope that the government will listen to them.
Twene Jonas’ ability to speak truth to power in situations like this is well known by Ghanaians. As a result, these netizens predict that Jonas would reprimand the leaders until Akufo Addo and his cohorts take appropriate action.
