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Business News of Monday, 23 December 2024

    

Source: www.ghanawebbers.com

Keep the E-levy – Prof Adei tells Mahama

Former Rector of GIMPA, Professor Stephen Adei play videoFormer Rector of GIMPA, Professor Stephen Adei

Former Rector of GIMPA, Professor Stephen Adei, has advised the incoming Mahama administration to maintain the e-levy, highlighting its ease of collection as a key factor in Ghana's tax system.

This comes after National Democratic Congress (NDC) candidate John Dramani Mahama promised to scrap several taxes, including the e-levy, within his first 100 days in office, arguing they burdened Ghanaians.

However, Professor Adei, an economist, warned that removing taxes like the e-levy, which are easier to collect, could worsen the country's tax compliance challenges.

He also urged Mahama to carefully manage expectations, as he believes President Akufo-Addo's downfall was due to his failure to manage public expectations effectively.