President John Mahama Signed Bills to Abolish E-Levy, Betting Tax, and Emissions Tax
President John Dramani Mahama has officially repealed the Electronic Transfer Levy (E-Levy), Betting Tax, and Emissions Tax by signing new legislative bills into law. This move fulfills a key campaign promise made by the National Democratic Congress (NDC) during the 2024 elections and aims to alleviate the tax burden on Ghanaians.
Mahama Fulfills Campaign Promise
At a ceremony held at the seat of government on Wednesday, April 2, 2025, President Mahama reiterated his administration’s commitment to reducing financial hardships on individuals and businesses. He emphasized that eliminating these taxes would boost economic activity, encourage digital transactions, and provide relief to affected industries.
During his time in opposition, Mahama and the NDC criticized these taxes as burdensome. The E-Levy, introduced in 2022, was particularly controversial, as it increased the cost of mobile money and digital transactions. The Betting Tax faced opposition from industry players, while the Emissions Tax was widely seen as an additional cost burden on businesses.
Economic Impact of Tax Repeals
With the removal of the E-Levy, digital financial transactions are expected to increase, making cashless payments more accessible. The repeal of the Betting Tax is likely to boost the gaming industry, while eliminating the Emissions Tax will ease costs for businesses impacted by environmental levies.
Mahama reaffirmed his pro-people economic approach, assuring Ghanaians that his government would continue implementing policies designed to ease financial hardships and stimulate economic growth.
The passage of these bills marks a significant shift in Ghana’s tax policy, reflecting Mahama’s commitment to a business-friendly and digitally inclusive economy.
