Ghana introduces 1.5% e-levy on money transfers

How would you feel if the government put its hand in your pocket – and for every hundred dollars you had – it took a dollar fifty? Sounds a bit unfair to your hard-won cash, doesn’t it? Well that’s how many Ghanaians see the new Electronic Transaction Levy. That’s a 1.5 percent tax on all sums in Ghana Cedis, above the equivalent of about 14 dollars. For many, it’s an extra economic burden when cost of living is rising.

For more news go to: http://www.dw.com/en/