The Mobile money agents Association of Ghana has urged the government to scrap the E- Levy with the hashtag # let the business grow campaign#.
The Association says the E-Levy is not a pro-pro policy hence the need for government to scrap it.
It was their view that there was no need to review it but scrap it completely.
The agents at a press conference today, Tuesday, December 7, 2021, sounded a word of caution to the government to consider dropping the policy.
General Secretary of the Association Evans Otumfuo will undermine the cashless system and undermine the digitization drive of the economy.
Several young persons he lamented will lose their jobs with 80% of mobile money users moving to nack to cash system.
To him, persons who have planned to invest in the mobile money system would rescind their decision because it would not be profitable.
Ghana, he opined, would be taken years back from where we have gotten to with the gap between the bank and unbank deepened.
He said it would slow down a tall list of economic activities, and robberies and criminal activities would increase with long hours of doing business returning.
”The cost of doing business would also skyrocket. For these clear consequences, we strongly advocate that should be scrapped for more consultations before the above consequences slap the economy.”
He warned the Association will follow with keen interest and advise themselves should the government fail to address the concerns raised.