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Current News About Mobile Money

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MoMo Transactions: Bank of Ghana Adjusts MoMo Wallet limits for subscribers effective March 1st.

February 28, 2024
by MMAAG
2 min read
124 Comments

According to the Ghana Chamber of Telecommunications, this decision comes in response to the surge in mobile money transactions, as highlighted in the 2023 Fintech Sector report released by the Bank of Ghana. The report...

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AGENTS UNION CALLS FOR CALMNESS AMONG IT’S MEMBERS AS THEY ENGAGE GOVERNMENT FOR FURTHER CLARIFICATION.

Sticky
November 18, 2021
by MMAAG
2 min read
1,369 Comments

The 2022 budget statement which was presented at Parliament on November 17,2021 has seen many talking about it. One key sector which sparked much controversy is the 1.75% E-levy on Momo transactions starting 2022.In a statement...

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Momo tax increased-2022 budget statement

November 17, 2021
by MMAAG
1 min read
7 Comments

The government has decided to place a levy on all electronic transactions to widen the tax net and rope in the informal sector, the Finance Minister, Ken Ofori-Atta has said. Presenting the 2022 Budget Statement and...

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