Bussiness
GRA sets records straight on charging E-levy on merchant accounts
The Ghana Revenue Authority (GRA) has written to clarify misleading reports on social media which claim that starting July 1, merchant SIMs will be charged the E-levy.
According to the GRA, per the legal framework governing the operation of the e-levy – Electronic Transfer Levy Act, 2022 (Act 1075) – merchant SIMs registered with the GRA for the purposes of Income Tax or Value Added Tax (VAT) will not be affected by e-levy charges.
“Customers making payments to such specified merchants will NOT be charged the E-Levy,” the GRA stated.
“The general public should note that E-Levy is NOT charged on merchant SIMs, as is being purported. The E-Levy is only charged on a transfer from a customer to a Specified Merchant if the merchant is NOT registered with GRA for Income Tax or VAT purposes,” it further explained.
The GRA further debunked claims that suggest cash-ins or deposits made through a merchant or vendor will attract e-levy.
“The E-Levy does not apply to Cash-Outs/cash withdrawals and Cash-Ins/cash deposits either at the bank or at a mobile money agent/vendor point. This means that Cash-Ins or deposits do not attract E-Levy and customers are NOT to pay any amount as E-Levy at a mobile money agent/vendor point.”
Meanwhile, the Authority is encouraging the general public to register for their Ghana Card and update their mobile money wallets and bank accounts with their Ghana Card Personal Identification Munber (PIN).
It also called on mobile money merchants to register with GRA for Income Tax or VAT so their customers can enjoy E-Levy exemptions.
GRA uses this opportunity to encourage:
➢ Individuals to register for their Ghana Card and update their mobile money wallets and bank accounts with their Ghana Card Personal Identification Number (PIN),
➢ Merchants to register with GRA for Income Tax or VAT so their customers can enjoy E-Levy exemptions. GRA wishes to thank all partners for their continuous support.
Source: www.adomonline.com
Ghanaian dancehall artiste Charles Nii Armah Mensah, known as Shatta Wale, has won two awards at the 43rd International Reggae and World Music Awards (IRAWMA) held in Florida over the weekend.
He picked up the Best African Dancehall Entertainer award as well as Concert of the Year for ShattaFest.
In a statement, Shatta Wale’s management expressed appreciation to the organisers and supporters of the awards.
“Management would like to sincerely appreciate the organisers of the IRAWMA awards for the recognition and continuous support for African music on the global stage.
“We also extend our deepest gratitude to fans across the world, especially the Shatta Movement fraternity, for their unwavering support, votes, and dedication throughout the years,” the statement said.
The statement added that the latest wins reaffirm the artiste’s position as one of Africa’s leading musical exports and a prominent figure in global dancehall culture.
The awards bring Shatta Wale’s total haul at the IRAWMA to 11, highlighting his continued presence on the international reggae and dancehall scene.
At last year’s edition, he won three awards: Best African Dancehall Entertainer, Best Music Video for “Killa Ji Mi”, and Best Crossover Song for “Commando” featuring Bounty Killer. -GNA
Bussiness
Global Market Volatility: Gov’t absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol
Effective Thursday, April 16, 2026, which is the next pricing window, the Government will absorb GH¢2.00 per litre on diesel and GH¢ 0.36 per litre on petrol.
This intervention is intended to cushion customers and ease the cost burden on households, transport operators, and businesses.
The measure, approved by Cabinet, is in response to rising prices of petroleum products on the international market, which have significantly impacted ex-pump prices in Ghana.
This temporary intervention will remain in force for a period of one (1) month.
During this period government will continue to closely monitor developments in the global oil market and assess the need for further policy adjustments.
A statement signed by Minister of Government Communications, Felix Ofosu Kwakye noted that they remain commited to maintaining price stability, protecting livelihoods, and supporting Ghana’s economic recovery in the face of external shocks.
