President John Dramani Mahama has officially signed into law a series of legislative bills repealing several controversial taxes, including the Electronic Transfer Levy (E-Levy), Betting Tax, and Emissions Tax.
This decision aligns with the National Democratic Congress (NDC) government’s pledge to ease the financial burden on Ghanaians.
The move comes after Finance Minister Dr. Cassiel Ato Forson presented eight tax-related bills to Parliament on March 13, 2025, seeking to amend or eliminate certain levies.
The repealed taxes included the E-Levy, which imposed a 1% charge on mobile money transfers and other electronic transactions since its introduction in 2022. Its implementation was widely unpopular, with critics arguing that it negatively impacted disposable incomes.
Similarly, the Betting Tax, which levied a 10% charge on gross gambling winnings, faced backlash from the gaming industry, while the Emissions Tax was criticized for increasing costs on businesses and individuals.
President Mahama’s decision fulfills a key campaign promise made ahead of the 2024 elections, where he vowed to repeal these taxes within his first 120 days in office.
By assenting to these legislative amendments, his administration has delivered on that pledge, signaling a shift in Ghana’s economic policy towards reducing taxation and increasing consumer spending power.
