Mobile Money Operators have threatened to stage a demonstration to amplify the fear of losing their capital after the passage of the E-Levy into law. According to the group, their businesses are run on loans which will be negatively impacted by implementation of the E-Levy, assented to by President Akufo-Addo a few days ago.
National President of the Mobile Money Agents Association, Dela Abotsi said about 150 thousand agents are likely to go out of business when the E-levy finally becomes operational in May 2022. Mr. Abotsi who spoke with Doreen Ampofo, said the Association will meet to deliberate on the next line of action.
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