Category: Telecommunications
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Update on SIM re-registration software will speed up process – Telcos Chamber
Several branches of telecommunication companies across the country continue to record long queues and crowds as customers rush to re-register their SIM cards. This is because the government has set March 31, 2022 as the deadline for the re-registration. Information from the Ghana Chamber of Telecommunication suggests that software developed by KelniGVG, the operator in…
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More infrastructure needed to satisfy growing data demand in Ghana – MTN CEO
Chief Executive Officer of MTN Ghana, Selorm Adadevoh has reiterated the need for the telecommunication industry to improve the current infrastructure base for internet data to ensure they meet the data demands of their customers. According to a recent Fitch Solutions report, Ghana’s telecommunication industry is said to be one of the fastest-growing in Africa…
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MoMo agents bemoan lack of engagement on E-levy
The Mobile Money Agents Association of Ghana have bemoaned the lack of engagement on the Electronic Transfer Levy. According to the association, all attempts to have their concerns heard by the government have proved futile. The group has threatened to embark on a demonstration on Thursday, December 23, 2021 against the proposed 1.75 percent E-levy…
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Telco’s committed to March deadline for sim registration exercise – Dr. Ken Ashigbey
With a little over 3 months to the end of the ongoing SIM registration exercise, the CEO of the Ghana Chamber of Telecommunications Ing. Dr. Kenneth Ashigbey says his members are committed to helping government achieve its ambitious target of registering all SIM cards by the end of March 2022. According to the government, the…
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Road contractors to pay for destroyed fibre optic cables – Min. of Communications
The Ministry of Communications has warned that road contractors that destroy telecommunication infrastructure in their line of work will be made to face the full rigours of the law. MTN last month, for example, indicated that it had so far recorded 1,684 fibre optic cuts in 2021, higher than the 1,605 fibre optic cable cuts…
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Rate of e-levy should be reduced to 0.5% – Dr. John Kwakye
While many Ghanaians are still calling for a complete reversal of the proposed 1.75% tax on electronic transactions, as announced in the 2022 budget, others are calling for a reduction or readjustment in the rate to lessen the burden on Ghanaians. For the Director of Research at the Institute of Economic Affairs, Dr. John Kwakye,…
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E-levy likely to erode gains made in digitalization agenda – Ken Ashigbey
The Ghana Chamber of Telecommunications says the electronic transaction levy has the potential of undoing the gains made in digitising the economy. According to the Chamber, this policy initiative is at variance with steps taken by members to improve financial inclusion. The decision to slap a 1.75% tax on electronic transactions has been met with…
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![Stakeholders concerned about impact of e-levy on digitalization drive [Video]](https://citibusinessnews.com/wp-content/uploads/2021/10/mobile-money-ghana.jpg)
Stakeholders concerned about impact of e-levy on digitalization drive [Video]
Stakeholders have warned that the electronic transaction levy risks eroding gains made in digitising the economy. The Finance Minister, Ken Ofori-Atta, in the 2022 budget statement revealed that a 1.75% tax will be slapped on electronic transactions beyond GH¢100 daily and more than GH¢3,000 monthly. But according to observers, this policy initiative is at variance…
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E-levy won’t discourage people from going cashless – Adu Boahen
Minister of State at the Finance Ministry, Charles Adu Boahen, is confident the introduction of the Electronic Transaction Levy by the government will not discourage Ghanaians from going cashless. The announcement of the new levy was made during the 2022 Budget reading on Wednesday, November 17, 2021, as part of the government’s strategies to widen…
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Government’s e-levy policy ill-timed – Telecoms chamber
The Chief Executive Officer of the Ghana Chamber of Telecommunications, Ken Ashigbey, has said that the introduction of the 1.75% levy on electronic financial transactions is ill-timed. He said the chamber was not consulted by the government on the proposal before the announcement was made in Parliament on Wednesday, November 17, 2021. “When we got…