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Reduce e-levy, introduce 0.5% charge on cashouts – Telecos Chamber to govt

The Ghana Chamber of Telecommunications (GCT) has called on the government to lower the Electronic Transfer Levy (E-levy) from 1% to 0.5% and impose a 0.5% levy on cash-outs to align the policy with Ghana’s digital-first strategy.

“Our recommendation to the Ministry of Finance is to consider reducing the levy on transfer to 0.5% and introduce a 0.5% levy on cash-outs among other proposals,” the Chamber added in a statement.

Despite initial challenges, the E-levy has generated significant revenue for the government, collecting GH¢482.8 million of the targeted GH¢6.9 billion.

However, the Chamber believes further revisions are necessary to promote digital payments and align with the government’s digital transformation goals.

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The Ghana Chamber of Telecommunications highlighted that telcos contributed over GH¢6 billion in taxes and other payments in 2022, a 50% increase from GH¢4 billion in 2021.

This underscores the industry’s substantial contribution to Ghana’s economy.

The GCT’s 2022 Mobile Industry Transparency Initiative report, released on November 21, 2023, details the industry’s contributions to the country’s development.

Speaking at the launch of the 2022 Mobile Industry Transparency Initiative report held on November 21, 2023, in Accra, Ghana, the Chief Executive Officer of the Ghana Chamber of Telecommunication (GCT), Ing. Dr. Kenneth Ashigbey revealed that the industry’s contribution of GH¢ 6.07 billion constitutes approximately 8.02% of the government’s 2022 tax revenue of ¢75.71 billion, as outlined in the 2022 annual report of the Ghana Revenue Authority (GRA).

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The report also found that the industry employs directly over 2,600 people and indirectly creates over 1.2 million jobs. This includes over 505,000 active Mobile Money Agents.

Source: Citinewsroom.com

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Demolition of Fantasy Dome unfair — Mark Okraku-Mantey

• Mark Okraku Mantey
• Mark Okraku Mantey

 Months after the Fantasy Dome was dismantled to make way for construction at the Ghana International Trade Fair site, the Deputy Minister of Tourism, Arts and Culture, Mr Mark Okraku-Mantey, has expressed con­cern over the manner the facility was destroyed.

In an interview on Daybreak Hitz with Andy Dosty, Mr Okraku-Mantey criticised the handling of the dome’s dismantling, suggesting that it could have been done without causing damage.

“I don’t think that leadership gave instructions that they should do what happened. The structure was a prefab but I hear the peo­ple destroyed it. That one, we cannot defend it. It is unfair to him (owner). Sometimes, you give instructions and people will go and do things that will make you look bad,” he stated.

When asked about any punitive measure against the workers responsible for the destruction, Mr Okraku-Mantey clarified that the Trade Fair does not fall under his ministry.

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He said he had previously con­tacted the owner, Leslie Quaynor, to discuss relocating the dome, and even suggested the National Museum as a potential site, though it was too small.

The demolition of the 20,000-seat­er Fantasy Dome occurred on March 16, 2024.

According to Dr Agnes Adu, CEO of the Ghana Trade Fair Company Limit­ed, the action was taken after multiple notic­es were given to Quaynor to vacate the premises for redevelopment, as per their tenancy agreement.

Dr Adu noted that all previous tenants had complied except for the Fantasy Dome.

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Quaynor, in an interview with JoyNews, confirmed that his lease had ended, and was in the process of relocating the dome.

He had requested an extension, which was denied, leading him to seek a writ and an injunction from an Accra High Court to halt the demolition.

Despite this, the demolition pro­ceeded, causing significant damage to the structure.

Quaynor described the incident as a major setback, not only for his busi­ness but also for the entertainment industry, which relies on venues like the Fantasy Dome.

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 Youth urged to take proactive stance on ozone depletion

•Mr Joseph Amankwah, first counting from, some officials from EPA and UNDP in group picture with the student

•Mr Joseph Amankwah, first counting from, some officials from EPA and UNDP in group picture with the student

 Mr Joseph Amankwah, the Direc­tor of Ozone Layer and Climate Change at the Environmental Protection Agency (EPA), has urged the youth to take a proactive stance on issues related to ozone depletion, emphasising that their future would be most affected by its consequences.

Speaking during a student engagement event at the Ghana Secondary School (GHANASS) in Koforidua, he highlighted the critical role young people played in tackling climate-related challenges.

Mr Amankwah explained that human activities, such as the use of certain chemicals, were significantly contributing to the depletion of the ozone layer and driving climate change.

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He said it was important to educate the youth on these issues, encouraging them to share this knowledge with their fam­ilies to foster a broader understanding and active participation in climate action.

He urged the education sector to integrate lessons on the ozone layer, the causes of its depletion, and its links to climate change into the curriculum.

The event, organised by the EPA in collaboration with the United Nations Development Programme (UNDP), was designed to foster environmental aware­ness and promote a sense of responsibili­ty among young people.

Mr Amankwah noted that ozone layer depletion was affecting everyone, includ­ing children, as it alters weather patterns and threatens the natural environment.

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He highlighted the need for young people to develop ‘green skills’ to adapt to the challenges of climate change and to understand ways to combat it.

He added that World Ozone Day, observed every September, would focus on youth engagement in environmental issues, to help them understand the long-term consequences of ozone depletion and climate change.

Mr Amankwah also discussed the harmful impact of chlorofluorocarbons (CFCs), a major chemical contributor to ozone depletion.

He explained that household applianc­es such as refrigerators and air condi­tioners were common sources of CFC emissions in Ghana.

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Many uncertified technicians work on these appliances, often releasing harmful chemicals into the atmosphere due to improper handling, he noted.

To address this, he urged appliance re­pairers to obtain proper certification and training, emphasising that unqualified repairs not only harm the environment but also endangered public health.

From Ama Tekyiwaa Ampadu Agyeman,
Koforidua

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