Thousands of Ghanaians have poured out onto the streets of Accra for an NDC Youth-led Yentua Demonstration which is to protest the introduction of the Electronic Transfer Levy Bill.
The controversial E-Levy seeks to impose a 1.75% levy on transactions, including Mobile money transfers done between accounts on the same Electronic Money Issuers (EMI), Mobile money transfers from accounts on one EMI to a recipient on another EMI, Transfers from bank accounts to mobile money accounts (either directly, GIP debit, bank cards or another scheme), Transfers from mobile money accounts to bank accounts (either directly, GIP debit, bank cards or another scheme) and Bank transfers originating from a bank account belonging to an individual.
But the introduction of the bill has met stiff opposition from well-meaning Ghanaians including the opposition NDC who argue it will further compound the hardships of the ordinary Ghanaian.
In this vein, some protesters under the umbrella body Coalition of Concerned Ghanaians (GCG), have hit the streets of Accra to march against the levy.
