Close Menu
John Mahama News
  • Home
  • Ghana News
  • Anti-Corruption
    • Corruption Watch
  • Economic
    • Education & Innovation
  • Environmental
    • Governance & Policy
  • Health & Welfare
    • Historical & Cultural Insights
    • Infrastructure & Development
    • International Relations
  • Ministerial News
    • Presidential Updates
  • Public Opinion
    • Regional Governance
      • Social Issues & Advocacy
      • Youth & Sports
What's Hot

NDC’s history of presidential-private jets hypocrisy exposed

July 15, 2025

Watch as Beatrice Annan and NPP’s Akosua Manu clash on live TV

July 15, 2025

South African car exports to U.S. plunge as Trump tariffs bite

July 15, 2025
Facebook X (Twitter) Instagram
Trending
  • NDC’s history of presidential-private jets hypocrisy exposed
  • Watch as Beatrice Annan and NPP’s Akosua Manu clash on live TV
  • South African car exports to U.S. plunge as Trump tariffs bite
  • Open Letter to the Chief Executive Officer of the Ghana Chamber of Mines
  • PR professionals urged to re-evaluate storytelling, ethics and influence
  • A Giant Leap for African Unity: Kenya’s historic Visa-Free policy and the Trans African tourism and unity campaign
  • Profitable ‘one-man’ businesses that can be operated anywhere in Ghana
  • President Mahama abolishes fuel allowances for appointees to cut cost
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
John Mahama News
Tuesday, July 15
  • Home
  • Ghana News
  • Anti-Corruption
    • Corruption Watch
  • Economic
    • Education & Innovation
  • Environmental
    • Governance & Policy
  • Health & Welfare
    • Historical & Cultural Insights
    • Infrastructure & Development
    • International Relations
  • Ministerial News
    • Presidential Updates
  • Public Opinion
    • Regional Governance
      • Social Issues & Advocacy
      • Youth & Sports
John Mahama News
Home » ‘Over GH₵80m was collected in betting tax, Amin Adam got it wrong’ – Finance Minister

‘Over GH₵80m was collected in betting tax, Amin Adam got it wrong’ – Finance Minister

johnmahamaBy johnmahamaMarch 12, 2025 Infrastructure & Development No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Ghana’s Minister for Finance Ato Forson says the claim by former Finance Minister Mohammed Amin Adam that the erstwhile administration never implemented the betting tax is not factual.

Speaking at a new conference on Tuesday, March 11, shortly after the Finance Minister presented the new government’s first budget statement and abolished the e-levy, betting tax among others, the former Finance Minister said the NPP government never enforced the controversial tax on lottery and sports betting winnings.

Dr Amin Adam said it was deceptive for the NDC government to claim to abolish a tax that was never collected although the law was passed in 2023.

“Betting tax that they said they have abolished, we never collected Betting Tax. So to come and tell Ghanaians that you have abolished something that you have not implemented, is to deceive the people of Ghana.”

Responding to the claims in an interview with Evans Mensah on JoyNews’ PM Express on Tuesday night, the Finance Minister said his colleague on the other side appears not to be on top of that issue.

“I don’t think he’s on top of that matter because my checks revealed that it was implemented in the second half of 2024. And my checks also reveal that year-to-date, the government of Ghana has collected over GH₵80 million from betting tax, so I don’t know what he’s talking about. It is not the fact. The fact on the ground does not support his assertion. Clearly, the betting tax was implemented, he insisted.

The betting tax, introduced under the previous government, imposed a 10% withholding tax on winnings from sports betting and lottery. While it faced heavy backlash from industry players and the public, Dr. Amin Adam maintains that his administration did not implement the policy before leaving office.

In August 2024, the then-presidential candidate for the New Patriotic Party (NPP), Dr Mahamudu Bawumia, reiterated his commitment to abolish the controversial E-Levy and betting tax if elected President in the just-ended general elections.

“We’ll also reduce Withholding Tax for small-scale gold exports to 1% to curb smuggling, and abolish the Betting Tax,” Dr Bawumia promised during the party’s manifesto launch in Takoradi on August 18, 2024.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.



Source link

johnmahama
  • Website

Keep Reading

APL claims vindication following IMF’s revelation of BoG’s $1.4bn forex support

Cedi appreciation due to strengthened economic fundamentals – BoG Governor

Forex market intervention for 2025 Q1 has not depleted our reserves – BoG

Use data from BoG to make cedi projections, not predictions from Zamraman – Governor Asiama

Fitch affirms UBA Ghana’s Credit Rating at ‘B-’, citing strong profitability and capital buffers

Telecel Ghana rewards 12th Dream Car Promo Winner with brand-new Hyundai Creta

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Cedi sells at GHS11.95 on forex market, GHS10.41 interbank

July 15, 2025

Appiah Adomako Joins GSA Board, Reinforcing CUTS’ Role in National Policy

July 15, 2025

Hollard Ghana empowers student entrepreneurs with third edition of Streetwise Finance Business Challenge

July 15, 2025

NPA, Judiciary join forces to crack down on petroleum sector crimes

July 14, 2025
Latest Posts

YES Pact engages youth, stakeholders on Ghana’s ICT in education policy

July 14, 2025

Fidelity Bank’s Commitment to the Pan African AI Summit, Accra, Ghana.

July 14, 2025

Digital intelligence a catalyst for African growth

July 14, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to JohnMahama.news, your trusted source for the latest news, insights, and updates about the President of Ghana, government policies, and the nation at large. Our mission is to provide accurate, timely, and comprehensive coverage of all things related to the leadership of Ghana, as well as key national issues that impact citizens and communities across the country.

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 johnmahama. Designed by johnmahama.

Type above and press Enter to search. Press Esc to cancel.