Thousands of protestors hit principal streets in Accra on Thursday, February 10, to vent their displeasure against the proposed Electronic Transaction Levy, E-levy.
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The 1.75 percent E-levy announced by the Finance Minister, Hon Ken Ofori-Atta, during the budget presentation in parliament last year is expected to tax all electronic transactions, including MoMo, bank transfers, merchant payments, and inward remittances when passed into law.
Although President Nana Akufo-Addo has said that the implementation of the levy will help provide more jobs for young people in Ghana, members of the opposition National Democratic Congress (NDC) and the Coalition of Concerned Ghanaians have kicked against it.
On Friday, February 10, the Coalition of Concerned Ghanaians organised a protest to massively express their displeasure against the E-levy dubbed "YԐnntua".
Thousands of demonstrators and some leading members of the opposition NDC, including the party's General Secretary, Asiedu Nketiah, joined the protest to oppose the E-levy, saying it is an attempt by the government to "rob" ordinary citizens of their source livelihood amidst the "prevailing'' economic hardship in the country.
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YEN.com.gh has selected five videos from the protest making the trends on Twitter.
1. Former KNUST SRC president, Mr_Sesah spotted leading the Coalition of Concerned University Students (CoCUS) as they team up with the NDC to protest the introduction of the E-levy Bill:
2. Coalition of Concerned Students join #YentuaElevy demo demanding government intervention for their lecturers to return to the classroom. Paul Abuoyonga is one of the conveners.
3. A Ghanaian young man kicks against the proposed E-levy Bill. Speaks passionately in a video:
4. This old man opposed the E-levy. He indicated that he does not understand why he should pay E-levy.
5. Okada riders join the #YentuaElevy demonstration.
7 Reactions as Proposed E-levy Causes Massive Stir on Twitter
YEN.com.gh previously reported that there's overwhelming opposition against the Electronic Transactions Levy (E-levy) proposed in the 2022 budget as many Ghanaians have kicked against its introduction and passage into law.
NDC will abolish E-levy if we win in 2024 - Asiedu Nketia goes hard on Akufo-Addo; calls levy daylight robbery
On Friday, January 28, E-levy trended at number one on Twitter, dominating conversations on the platform for several hours.
Some indicated that the 1.75 percent E-levy announced by the Finance Minister during the budget presentation in parliament last year will overburden Ghanaians and cause hardships for the underprivileged.
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