Center for Economics Finance and Inequality Studies (

A research by the Center for Economics Finance and Inequality Studies (CEIS) has indicated that if the rate of the Electronic Transaction Levy (e-levy) had been revised to 0.5%, and 54% of the existing active users patronise “Mobile Money” transactions, the expected revenue for this year will have been a little above ¢2.64 billion. This estimate is greater than the total revenue the government anticipates from the e- levy for 2022. The anticipated revenue from the e-levy for the year 2022 was ¢6.96 billion or $1.15 billion, which was later revised to ¢4.5 billion and again to ¢611 million. The…