Professional services firm Deloitte has warned that the implementation of Ghana’s new GHS1 fuel levy, officially in effect from July 16, 2025, could lead to a spike in fuel prices and transport fares.
In its “West Africa Inflation” report, Deloitte described the levy, also referred to as the D-levy, as an “upside risk” likely to drive up the cost of living through increased fuel-related expenses.
“The implementation of the GHS1 fuel levy is another upside risk that could increase fuel and transport costs,” the report stated.
The levy, introduced under the Energy Sector Levies (Amendment) Act, 2025 (Act 1141), is aimed at addressing energy sector shortfalls, reducing legacy debts, and stabilizing power supply.
According to the Ghana Revenue Authority (GRA):
Only petroleum products lifted before June 9, 2025, will be billed under the old levy. All subsequent cash-and-carry transactions must apply the new rates.
GRA Commissioner-General Anthony Kwasi Sarpong has directed all fuel providers to strictly apply the revised tariffs. Meanwhile, industry stakeholders and consumer groups are raising concerns about possible fare hikes and inflationary pressure.
Despite public concern, the government maintains the levy is necessary for restoring financial balance in the energy sector and ensuring long-term infrastructure improvements.
The Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has assured Ghanaians that the government will…
US-based Ghanaian journalist, Kevin Taylor has descended heavily once again on former Vice President Dr.…
Traditional leaders and residents of the Shai Traditional Area have appealed to President John Dramani…
Deputy Attorney-General and Minister for Justice, Justice Srem-Sai, has announced that the ECOWAS Community Court…
The Atidefe Foundation has announced that its 5th Free Coconut Seedlings Distribution and Youth Empowerment…
Iran's Foreign Ministry spokesperson, Esmaeil Baghaei, has confirmed that the peace memorandum of understanding (MoU)…
This website uses cookies.