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The Ministry of Communications and Digitalisation are set for a meeting today over the proposed charges on mobile money transactions or MoMo Tax in the country..

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“The service providers are collecting 2%, one from the sender and another from the receiver. I think this needs to be relooked. There is more than can be done to widen our tax net,” she told GHOne

According to the Finance Minister, Ken Ofori-Atta, the fee is to enhance financial inclusion and protect the vulnerable.

However, the levy will be waived for transactions that amount to GH¢100 or less in a day or approximately GH¢3,000 per month.

It is the expectation of the government, that the implementation of the new policy will come into force effective January 1, 2022, if the appropriation is passed.

Yegbey Edem,popularly known as Kwame Taste is a Ghanaian, blogger ,radio personality,publicist,Online Influencer,Writer ,social media marketer and an event promoter.

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