The Chair and Leader of the Convention People’s Party, Nana Akosua Frimpomaa has given what many say is the best option available to government if indeed the Akufo-Addo led administration is bent on introducing the most controversial E-Levy
In a pressor and follow up statement, Nana Akosua Frimpomaa said: ‘If government now sees the need to tax its citizenry through MOMO, it is just prudent and a mark of responsibility to split 50/50 the already exorbitant 1% charged by the Telcos’.
According to Nana Frimpomaa, this is the only way the already poor citizens would not feel overburdened by charging the atrocious and outrageous 1.7% on momo transactions as indicated in 2022 budget.
The outspoken leader charged Government of Ghana through its regulatory mother body, the National Communication Authority (NCA) who have over the years failed to stop the seemingly exploitative and manipulative systems adopted by foreign Telcos to rip off citizenry through their electronic cash flow charges of 1% to renegotiate in the interest of citizens.
‘I wish to state that, Government at this point in time must maximize its stake in the telecom sector and own its electronic payment platform to drive revenue and not depend on foreign platforms whose sole aim is to make huge profits at all cost’, she added.
GH PRESS CENTRE 