The Mobile Money Agents Association of Ghana (MMAAG) has congratulated President-elect John Dramani Mahama on his election victory, expressing confidence in his leadership and commitment to national development. In a statement, MMAAG praised Mahama's perseverance, determination, and comprehensive policies, which they believe have earned him the trust of the Ghanaian people.
MMAAG emphasized the significant role of digital financial services in promoting financial inclusion and economic growth, pledging their readiness to collaborate with Mahama's administration to expand mobile money services in Ghana. However, the Association made a key appeal to the President-elect, urging him to repeal the Electronic Transfer Levy (E-Levy), which they described as a burden on both customers and businesses.
The E-Levy, introduced to raise revenue for the government, has been a contentious issue, with many arguing that it has disrupted digital financial transactions and imposed an additional burden on customers and businesses. MMAAG believes that removing the E-Levy will not only boost digital financial inclusion but also stimulate economic growth and support the sustainability of mobile money businesses.
"We have confidence in you and cannot wait for your administration to cancel the E-Levy, which has caused disruptions and imposed an additional burden on our customers while affecting our businesses," the statement emphasized.
MMAAG is optimistic that Mahama's administration will prioritize the growth of digital financial services, which have become an essential part of Ghana's economy. The Association is committed to working closely with the government to develop policies that promote financial inclusion and support the development of the mobile money industry.
As Mahama prepares to take office, MMAAG's appeal highlights the need for his administration to address the concerns of stakeholders in the digital financial sector. By repealing the E-Levy, Mahama's administration can demonstrate its commitment to promoting digital financial inclusion and economic growth, while also supporting the sustainability of mobile money businesses. The move is expected to boost the confidence of mobile money agents and customers, ultimately driving the growth of digital financial services in Ghana.
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