MTN Ghana has announced the removal of the 1% Electronic Transfer Levy (E-Levy) on all mobile money transactions, effective immediately. The decision follows the signing of a new tax bill into law by President John Dramani Mahama on Wednesday, April 02, 2025.
According to MTN Ghana, the E-Levy will no longer apply to mobile money transfers, making transactions more affordable and convenient for users.
The government’s decision to scrap the E-Levy, along with the betting tax and emission tax, is aimed at boosting economic activity and promoting financial inclusion.
Mobile money has become a vital service in Ghana, enabling individuals to send and receive money, pay bills, and access other financial services. MTN Ghana’s swift implementation of the change demonstrates the company’s commitment to providing seamless and affordable services to its customers.
The removal of the E-Levy is expected to increase access to financial services for millions of Ghanaians.
The government’s decision has been welcomed by mobile money users across the country, who have taken to social media to express their relief and appreciation.