The leadership of the Ghana Union of Traders’ Associations (GUTA) has publicly distanced itself from the recent remarks made by its President, Dr. Joseph Obeng, who has expressed support for the continuation of the E-Levy.
The association has clarified that these remarks represent the personal views of Dr. Obeng and do not reflect the official stance of GUTA.
Dr. Obeng suggested that maintaining the E-Levy could provide essential support for small and medium-sized enterprises (SMEs) as well as the proposed Women’s Development Bank. He contended that the E-Levy could establish a reliable revenue source for developmental initiatives, particularly those aimed at empowering women in trade and supporting SMEs.
In a subsequent press release, GUTA stated, “we wish to clearly assert that his opinion does not represent the position of GUTA on this issue, although we respect his individual perspective.”
While GUTA recognized the necessity for innovative funding strategies to enhance business growth and support women in trade, it emphasized that decisions regarding revenue generation should be the prerogative of the government.
Dr. Obeng’s viewpoint stands in stark contrast to the opposition National Democratic Congress’ (NDC) campaign pledge to eliminate the E-Levy, which they argue imposes a financial burden on the citizens of Ghana.
The E-Levy, a one percent charge on electronic transfers, was implemented by the previous New Patriotic Party (NPP) administration and has encountered significant criticism from the business community.
