Tag Archives: MOMO

Calls, MoMo transactions: How Kwaku Frimpong plotted match-fixing scheme with Nii Amoah

After what appeared to be a long-wait, the Ghana Football Association have released the verdict on the fixed match between AshantiGold and Inter Allies, and oh, it is damning. The verdict by the Disciplinary Committee gives a thorough and detailed account of how officials of Ashgold led by the chairman …

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E-Levy is good for national development – MoMo Agents Association

The members of the Mobile Money Agents Association of Ghana (MMAG) have thrown their weight behind the electronic transfer levy popularly known as the E-levy. In a meeting with His Excellency Nana Addo Dankwa Akufo-Addo at the Office of the President, Jubilee House, on May 10, 2022, the General Secretary …

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MoMo users in Kumasi draw up ways to avoid E-Levy charges

The introduction of the Electronic Transfer Levy has been met with a lot of opposition from various institutions and individuals in the country. Despite the strong opposition from the Minority in parliament against the bill, the Majority succeeded in passing it in March 2022. Some citizens, in a bid to …

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MoMo agents association meets over proposed demo against e-levy

The leadership of Mobile Money Agents Association of Ghana has given an indication that it will meet over the weekend, to deliberate on whether to embark on a proposed demonstration against the E-Levy. Dela Abotsi, the National President of the Mobile Money Agents Association of Ghana, said “w e will …

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E-Levy is not MoMo tax; it’s an Electronic Transfer Levy – Deputy Finance Minister

Deputy Finance Minister, Abena Osei-Asare, has argued for the passage of the E-levy in Parliament on Tuesday, March 29. She assured that revenue to be generated from the E-levy will be used in proving the needs of Ghanaians. Speaking on the floor of the House she said the E-levy “is …

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MoMo agent shot by gunmen in Sawla

A Mobile Money vendor in Sawla, Abdul Razak, has been shot by unknown gun men in the late hours of Saturday March 26. The suspects allegedly bolted with huge sums of money belonging to the victim. According to some eye witnesses, the alleged robbers used a motorbike to execute their …

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MoMo thief returns stolen cash after bees arrest

A serial thief was forced to return money he stole from a mobile money vendor after he was arrested by a swarm of bees. The bizarre incident is said to have occurred at Apac municipality in Uganda. According to reports, the suspect snatched the money from the MoMo vendor at …

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Man grabbed for attempting Momo transfer with fake currency

A 31-year-old man, Kwabena Seth, has been arrested for attempting to make a mobile money transaction with “fake” currencies at Atinka Junction in the Kumasi Metropolis of the Ashanti region. He was arrested today, February 8, 2022, by the locals and handed over to the Police at Adiebeba after an …

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Value of MoMo transactions drop by GH¢3 billion ahead of E-Levy passage

Data published by the Bank of Ghana (BoG) has revealed that the value of mobile money transactions has dropped by GH¢3.2 billion in December last year, less the one month after Finance Minister, Ken Ofori-Atta, announced in the 2022 budget of an electronic transfer levy (E-Levy). According to the report, …

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MoMo agents to strike on Thursday to oppose E-Levy

Mobile Money (MoMo) agents in the country are set to go on strike on Thursday, December 23, 2021, to express displeasure to the soon-to-be-implemented Electronic Transaction Levy (E-Levy). The government as announced by the Minister in charge of Finance, Ken Ofori-Atta in November plans to implement a levy to charge …

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