Gov't starts collection of 'D-Levy' today

The implementation of the revised Energy Sector Levy (Amendment) Act, 2025 (Act 1141) officially comes into force today, Wednesday, July 16, 2025.
The Energy Sector Levy is also called Dumsor Levy (D-Levy) in Ghanaian parlance.
The new levy regime, announced by the government and being enforced by the Ghana Revenue Authority (GRA), follows an earlier postponement aimed at monitoring global market trends and preserving recent stability in domestic fuel prices.
According to authorities, the decision to activate the amended law was made after extensive consultations with the Ministries of Finance and Energy, and a comprehensive review of current economic conditions.
Officials say the timing is part of broader efforts to stabilise the economy while closing funding gaps within the energy sector.
Under the revised legislation, rates under the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) have been increased across several petroleum products.
The adjustments are intended to enhance revenue mobilisation to help clear legacy debts and support critical investments in energy infrastructure.
Source: Classfmonline.com/Cecil Mensah
Trending Business
SSNIT, employers call for stronger collaboration to sustain pension scheme
15:20SSNIT, employers call for stronger collaboration to sustain pension scheme
14:30We inherited over US$ 1.7 billion debt owed to IPPs-Energy Minister
16:07Mahama pledges 70% world market price for Cocoa farmers
13:18Gov't starts collection of 'D-Levy' today
08:52Influx of unapproved meters affecting revenue of utility companies-PURC
11:29NPA, Acting CJ allies to tackle illegalities in petroleum sector
09:05Energy Ministry backs nationwide biogas project for SHSs
13:35President Mahama appoints new governing board for GIPC to drive investment growth
12:27ENI completes gas infrastructure upgrade to up supply to 270 MMscfd
09:30