• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Agribusiness

E-Levy will prohibit availability of food on markets – Chamber of Agribusiness Ghana

3 years ago
in Agribusiness, Business, Editor's pick, Features, highlights, Home, home-news, latest News, Markets
2 min read
0 0
0
158
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

E-Levy will prohibit availability of food on markets – Chamber of Agribusiness Ghana

The Chief Executive Officer of the Chamber of Agribusiness Ghana, Farmer Anthony Morrison has stated that the implementation of Electronic Levy (E-Levy) will limit the availability of food on the market in many cities across the country.

He said, though, experts say the E-Levy will create jobs and boost the country’s economy; it will affect the agric sector negatively because there will be no electronic transactions between traders and farmers.

The chamber of Agribusiness still holds the view that the E-levy will be detrimental to the effort and gains that have been made in the agricultural sector especially in the aggregation of food in the rural areas.

The major reason is that there is no protectionism from the security services while carrying a lot of money moving from one village to another paying for 10, 20, 100 bags in order to aggregate enough food to convey a full load of a truck to the major cities.

In the absence of these people using momo, it is impossible for the aggregators to carry huge sums of money along. What they do previously is that they load the money on their phones and pay the farmers when they get to the farm.

Read: Rejoinder to Financial Times of London Editorial

RelatedPosts

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

“This is going to prohibit the availability of food on the market, we will not be able to buy enough food from the rural areas so farmers are going to face some challenges. The other challenge is people who stay in Accra and send money to farmers through mobile money transactions to send them farm products would not be able to do so again because rural folks stand against mobile money transactions.

“Even before the E-levy, we had it tough convincing them to accept mobile money as a mode of payment. Now that there is some form of tax payment on mobile money transactions, it will deter them from patronizing completely. These are some of the challenges we are going to face. People will be forced to carry money on them giving an opportunity to armed robbers which will go a long way to affect the food market in the cities, currently, there is an increase in food prices already”, he explained.

According to him, there are other means government can use to generate revenue for the county which E-Levy is not an option.

“If the government really needs taxes, the government should recruit more youth, train them to be able to use them as tax collectors across the country both day and night. Whenever each person collects the tax, he is entitled to 20% or 30% of the amount collected. This is been done in the UK that how the UK collect 90% of their taxes and if we are able to do this; more jobs will be created and more revenues would be generated as compared to what E-Levy will give us”.

Adding that, E-Levy will struggle the digitalization, and financial inclusion, and several intended people will develop ways not to pay this tax.

Farmer Anthony Morrison urged the government to heist the implementation of E-Levy and adopt a long-term sustainable strategy towards revenue collection and tax payment.

Source: agrictoday
Tags: Chamber of Agribusiness GhanaE-Levy will prohibit availability of food on markets – Chamber of Agribusiness GhanaElectronic Levy (E-Levy)ghana
No Result
View All Result

Highlights

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

GFA Set To Release 2025/26 Premier League Fixtures On Monday August 4

Leclerc Claims Stunning Pole Position as McLaren Struggles in Changing Winds

Nigeria Losing Battle Against Hunger as Food Inflation Persists

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

Trending

Business

US Companies Cut Investments in China to Record Lows, Here’s Why

August 3, 2025

US Companies Cut Investments in China to Record Lows, Here's Why American companies have cut investments in...

AI. Circuit board. Technology background, Central Computer Processors CPU concept..

How AI is Rewriting and Enhancing Water Risk Management

August 3, 2025

SheFarms Broiler Edition Kicks Off in Greater Accra

August 3, 2025

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

August 3, 2025

Tanzania Sink Burkina Faso to Delight Home Crowd In TotalEnergies CHAN 2024 Opener

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.