John Dramani Mahama, the president of Ghana, has pledged to revitalize the country’s economy by eliminating the E-Levy and the betting tax and streamlining port fees.
John Mahama revealed intentions to stabilize the cedi versus the dollar and increase job possibilities during his remarks at the NDC manifesto launch on Saturday, August 24, 2024, in Winneba.
“First is resetting the economy for prosperity. In the first 120 days in office, we will hold a national economic dialogue to draw up a four-year fiscal consolidation plan. We would rationalize taxes, abolishing among others the obnoxious e-levy, the COVID levy, and the 10% levy on bets winning.”
“We will review import duties and levies on vehicles and equipment meant for industrial and agricultural purposes. Ladies and gentlemen, we will rationalize fees and charges at the ports and implement emergency measures to stabilize the cedi and the macroeconomic environment. Ladies and gentlemen, we’ll use the price stabilization and recovery levy to cushion consumers of petroleum products.”
However, testimonies from social media today, 22nd January, 2025, have it that the levy has been abolished and people already doing transactions are not deducted.
We are yet to receive an official letter addressing the abolishment of the levy.
E-levy has been cancelled ! 3y3 zu wai
— Adjoa Tee🌸 (@adjoatasha) January 22, 2025
