0
Wireless

Ghanaian govt plans to start charging tax on mobile money transactions

Wednesday 17 February 2021 | 11:23 CET | News
Ghanaian ICT minister Ursula Owusu-Ekuful says the government will start taxing telecom operators for mobile money transactions, Ghanaweb reported. The communication minister-designate said that telecom firms needed to be taxed for the 10 percent charges they place on transactions. She said the transaction fees generated by operators from this huge traffic and volumes on mobile money platforms ought to be taxed.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Countries: Ghana
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Ghanaian mobile money agents oppose 10% extra tax on their earnings

Published 29 Jun 2021 09:47 CET | Ghana
Ghanaian mobile money agents are opposing a 10 percent tax being imposed on their earnings by the government, Ghanaweb reported. ...

Vodafone Ghana calls on government to consider universal mobile wallet system

Published 28 Apr 2021 14:05 CET | Ghana
Vodafone Ghana has called on the government to consider a universal mobile wallet system so that that mobile money agents keep a ...

MTN Ghana suspends recalcitrant MoMo agents, adds new ID verification step

Published 16 Apr 2021 10:23 CET | Ghana
MTN Ghana's MobileMoney has suspended the wallets of several mobile money agents for flouting the "No ID, No Cash out" directive ...

Vodafone Ghana rewards successful Cash Hub agents with prizes including car and appliances

Published 16 Apr 2021 10:16 CET | Ghana
Vodafone Ghana has rewarded its best performing Vodafone Cash Hub Agents with a variety of prizes including a brand-new Suzuki ...

AirtelTigo Money runs 6-month Double Commission Promotion to reward agents

Published 19 Mar 2021 10:57 CET | Ghana
Ghanaian operator AirtelTigo has introduced the Double Commission Promotion to reward its mobile money agents. Those who perform ...

Ghanaian government prevents GHS 1.5 bln revenue loss through KelniGvG rollout

Published 18 Feb 2021 10:03 CET | Ghana
The Ghanaian government has saved an estimated GHS 1.5 billion in revenue losses through the Common Platform (CP) managed by ...

Ghana plans unified telecom licensing regime to help reduce internet cost

Published 16 Feb 2021 12:52 CET | Ghana
Ghana says it will bring in a unified licence regime to bring down the cost of internet for operators and consequently consumers, ...

Ghanaian government plans SIM re-registration

Published 16 Feb 2021 12:45 CET | Ghana
The Ghanaian government has announced SIM re-registration as part of efforts to properly secure citizenry and combat criminal use ...

Ghanaian mobile money transaction volume doubles year on year in first 10 months

Published 14 Dec 2020 09:45 CET | Ghana
The Bank of Ghana (BoG) says the value of mobile money transactions more than doubled to GHS 58 million in the period January to ...

Ghana mobile industry contributes almost 10% of national tax revenue in 2019

Published 26 Nov 2020 11:19 CET | Ghana
The Ghana Chamber of Telecommunication says the mobile network operators and infrastructure companies contributed GHS 3.2 billion ...