Thousands of Ghanaians hit streets of Accra for demonstration against E-Levy

Thousands of Ghanaians have poured out onto the streets of Accra for an NDC Youth-led Yentua Demonstration which is to protest the introduction of the Electronic Transfer Levy Bill.

The controversial E-Levy seeks to impose a 1.75% levy on transactions, including Mobile money transfers done between accounts on the same Electronic Money Issuers (EMI), Mobile money transfers from accounts on one EMI to a recipient on another EMI, Transfers from bank accounts to mobile money accounts (either directly, GIP debit, bank cards or another scheme), Transfers from mobile money accounts to bank accounts (either directly, GIP debit, bank cards or another scheme) and Bank transfers originating from a bank account belonging to an individual.