A new draft bill introduced by House Republicans in the US proposes a 5% excise tax on all money sent abroad, potentially hitting millions of African families who rely on remittances from loved ones overseas.
Under this proposed law, the sender would pay the tax, with collections handled quarterly by the US Treasury.
This move follows a trend of tougher measures under former President Donald Trump’s administration, now resurfacing in policy discussions, with immigration and trade back in the spotlight.
For many African nations, diaspora remittances are a lifeline—funding everything from school fees to hospital bills.
If passed, this bill could severely impact household incomes and national economies across the continent.
Is this tax a necessary policy or a harsh blow to hardworking immigrants and their families?
Member of Parliament for Bimbilla, Dominic Nitiwul, has dismissed a circulating video in which he… Read More
The government has unveiled a major overhaul of the National Health Insurance Scheme (NHIS), announcing… Read More
The Asantehene, Otumfuo Osei Tutu II, is expected to present a comprehensive report to President… Read More
The High Court in Accra has discharged Gregory Afoko and his co-accused, Asabke Alangdi, who… Read More
The Member of Parliament for the Kpandai Constituency, Mathew Nyindam, has filed an application at… Read More
The Parliamentary Committee on Sanitation and Water Resources of Ghana, led by the Member of… Read More