The Chief Executive of the Ghana Chamber of Telecommunications, Ken Ashigbey, has disclosed that the Electronic Transaction Levy (E-Levy) is slowing government’s own digital agenda, per data available to the chamber.
According to him, if this trend continues, it could derail government’s revenue target from the telecom sector, for this year.
Speaking at the Bank of Ghana’s Regulatory Sandbox Engagement Forum, Mr. Ashigbey urged players in the financial sector to help the government with innovative solutions geared towards generating revenue to the State.
“Truth be told, if you look at the data E-Levy currently the way it is situated is slowing down own digital agenda and possibly also have a negative impact on government’s own revenues. But, we need to do the thinking for government”.
He called for support for government to be able to generate more revenue.
“Support government to be able to generate a lot more revenue from the digital environment. If we don’t do that, they will the thinking for us. You will have things like the E-Levy, the way it’s been formatted coming up”.
“So I urge all of us that let’s take advantage of this opportunity that has been given to us to find ways in which we can support government with the challenges that abound. And also to help our people within this economy we find ourselves”, he admonished.
Latest Stories
-
Philippines’ ex-President Rodrigo Duterte arrested at ICC’s request over ‘drugs war’, government says
22 minutes -
Cowbell-GES Independence Day Debate: Gomoa Senior High Technical outshines Serwaa Kesse Girls’ SHS to win contest
37 minutes -
Geisha champions women’s empowerment and progress at 7th National Women’s Summit & Expo
48 minutes -
Musk’s Tesla facilities in US face ‘Takedown’ protests
1 hour -
Charity M. E. Adupong’s vision of promoting food security and empowering women in agricbusiness
1 hour -
Stocks fall in US and Asia over Trump tariffs concerns
1 hour -
Liverpool need best display of season to beat PSG – Slot
2 hours -
King and Kate return to annual Commonwealth service
2 hours -
US unveils new app for ‘self-deportations’
2 hours -
More than 80% of USAID programmes ‘officially ending’
2 hours -
Ayra Starr, Mofe-Damijo to join Idris Elba as cast of ‘Children of Blood and Bone’
2 hours -
Businessman, farmer granted bail for allegedly defrauding estate developer
3 hours -
Nigeria’s anti-graft agency recovers nearly $500m in one year
3 hours -
NDC Sowutuom branch organiser granted GH¢100,000 bail pending appeal
3 hours -
Facebook was ‘hand in glove’ with China, BBC told
3 hours