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GRA to engage Finance Ministry over some key anomalies in E-Levy
The Ghana Revenue Authority (GRA) has revealed it will engage the Finance Ministry to resolve key anomalies in the Electronic Transactions Levy (E-levy), which could significantly impact some Ghanaians when the tax is implemented.
A Principal Revenue Officer and Head of the Project Management Unit for GRA, Isaac Kobina Amoako, admitted that salaries paid through mobile money will attract E-levy, even though the salary would have already been taxed.
He explained that the current framework created by the law, as it stands, does not distinguish a corporate mobile money account and an individual mobile money account.
Mr Amoako added that potential challenges that may accompany this situation have come to the attention of the Authority; hence, all such concerns will be forwarded to the Finance Ministry with the hopes of having them addressed.
“That is something that has come to our attention; we’ve referred it to our superiors to look at it. But, for now, the law seems to have captured everybody, including disbursements from corporate mobile accounts. In fact, for the banks, the disbursements from corporate accounts were not mentioned, so it is clear that that is exempt.
“But in the MoMo, there was no distinction between a corporate MoMo account and individual MoMo account; so, that is where we’ve received some kind of feedback from the public that it will affect salaries, loan disbursements, and so many other things, which we’ve referred to the [Finance] Ministry,” he said.
The Authority, however, explained the scope of exemptions and how persons who transfer monies between their accounts can avoid being taxed.
In an interview on JoyNews’ The Probe, Sunday, the Head of Compliance at the Domestic Tax Unit, Victor Yao Akogo, said a cumulative transfer of ¢100 per day made by the same person will not attract E-Levy.
“A transfer between accounts owned by the same person; I have a Fidelity account, and I transfer money to my GCB account where I am doing the transfer, E-Levy will not apply. If I transfer to my Ecobank account, my Prudential bank account and my CBG account, E-Levy will not apply.
“We have a unique identifier, the Ghana Card, and that is what we are going to use. There are some people who have used their passport to register their account; we are saying that for you to qualify for the exemption.
“So there is the need to let your Ghana Card be linked to all your accounts so that it will be the unique identifier of you everywhere so that you can enjoy the exemption,” he stated.
Following the passage of the Electronic Transfer Law, the GRA has indicated its readiness to implement it from May 1.
Source: www.myjoyonline.com
The Inspector-General of Police (IGP), Mr. Christian Tetteh Yohuno, together with members of the Police Management Board (POMAB), on April 17, 2026, decorated nineteen (19) senior officers who have been promoted to their next ranks based on the recommendations of the Police Council and approval of the President, John Dramani Mahama.
The ceremony, held at the National Police Headquarters in Accra, forms part of efforts to recognise merit, dedication, and long-standing service within the Ghana Police Service, while strengthening leadership across key operational and administrative levels.
The officers promoted from Deputy Commissioner of Police (DCOP) to Commissioner of Police (COP) are Dr. Luke Asue-In-Yeng Zakpaa, Mr. Frederick Agyei, Mr. Duuti Tuaruka, Mr. Arthur Osei-Akoto, Mr. Darko Offei Lomotey, Mr. Eric Ken Winful, Mr. Barnabas Nambont Nasumong, and Mr. Desmond Owusu Boampong.
The IGP and members of POMAB congratulated the officers and urged them to uphold the highest standards of professionalism and integrity in the discharge of their duties.
The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) successfully held its sixth (6th) Exchange Programme, hosted by the Ghana Export – Import Bank (GEXIM) Bank in Accra from March 22 to 23 March.
The event brought together member institutions, partner organisations and Ghanaian public entities to advance dialogue on South-South trade, investment and development finance, while also creating opportunities for knowledge-sharing and institutional cooperation.
Organised as a capacity-building and networking platform, the 2026 edition of the G-NEXID Exchange focused on GEXIM’s experience in developing innovative solutions to promote intra-African and extra-African trade.
It also highlighted trade and investment opportunities in Ghana, particularly in the context of the African Continental Free Trade Area (AfCFTA) and broader national development initiatives.
The Exchange Programme forms part of G-NEXID’s mandate to foster cooperation among export-import banks and development finance institutions in support of South-South trade and investment.
This 6th edition follows earlier successful programmes hosted by India Exim Bank (2016), BNDES (2017), Indonesia Eximbank (2018), Afreximbank (2019) and Saudi EXIM Bank (2025).
On the first day, participants were presented with G-NEXID institutional information and received an update on the Network’s 2026 work programme.
There were a series of substantive presentations, including an overview of the Ghanaian economy by the Ministry of Finance, with particular attention to debt-related challenges; a presentation by the Ghana Investment Promotion Centre (GIPC), on investment opportunities in the country; and institutional presentations by GEXIM and Development Bank Ghana (DBG) on their respective mandates, initiatives, products and services.
Discussions during the sessions underscored strong interest in sector-focused webinars and business dialogues, particularly in agribusiness value chains such as poultry and rice.
Participants also emphasized the importance of continued information exchange and the sharing of best practices, especially in the area of guarantees.
The second day opened with a presentation on the 24-Hour Economy and Accelerated Export Development Programme, a national economic transformation strategy launched by President John Dramani Mahama in July 2025.
The initiative aims to enhance economic productivity through continuous industrial activity, accelerated export development and strategic import substitution.
As the programme is expected to mobilise both private and development capital, it presents concrete opportunities for G-NEXID members in areas such as co-financing, guarantees, trade finance and technical cooperation.
The programme also featured institutional presentations by guest organisations, namely the African Guarantee and Economic Cooperation Fund (FAGACE) and the West African Development Bank (BOAD), which shared their mandates, initiatives, products and services.
Following these exchanges, the G-NEXID Secretariat held bilateral discussions with both institutions as part of the Network’s ongoing membership drive.
Participants further benefited from a presentation by the Eastern and Southern African Trade and Development Bank (TDB), as well as a showcase of GEXIM’s key pipeline projects.
On the margins of the Exchange Programme, G-NEXID members also held their 20th Annual General Assembly Meeting to review progress and discuss strategic priorities.
Following the event, participants joined the GEXIM@10 International Conference, held from March 24-25, 2026 under the theme, “A Decade of Enabling Export Trade and Industrial Transformation: Resetting GEXIM for the Next Frontier.”
The conference provided an important platform for exploring how Ghana can strengthen its transition from a primary commodity exporter to a more competitive player in value-added trade and industrial development.
Source – G-NEXID
