Audio By Carbonatix
The Food and Beverages Association of Ghana has joined calls for the scraping of the carbon emissions levy.
The call adds to several requests by individuals and other business groups to have the levy abolished.
In the release signed by the chairman of association, John Awuni, the association describes the tax as insensitive and totally anti-business.
“Considering the struggles of Ghanaian industries and businesses post Covid-19 vis a vis the massive new taxes introduced by the government since its assumption of power, the government should never have thought of adding another layer of tax to industry at this point in time.”
It added that the imposition of the tax will add up to cost of doing business and further compound the woes of consumers.
“The tax is going to simply raise the cost of production, create avenue for corruption and disturb the already acidic business environment”.
Also, it questioned how the government intends to measure carbon emissions among industries and how the levy will impact on industrial behaviour.
“How are carbons emitted by industries through their manufacturing processes going to be measured? Who measures it? And how will the measurement be reported to ensure that there is no corruption in the collection of the data and right fees is paid to the government? It quizzed.
The statement concluded by urging the government to invest heavily in environmentally friendly energy sources such as nuclear, solar, hydro and other renewables to reduce emissions.
On February 1, 2024, the Ghana Revenue Authority (GRA) announced the commencement of the implementation of the Emissions Levy Act, 2023 (Act 1112).
According to them, the Act will impose a levy on carbon dioxide equivalent emissions on internal combustion engine vehicles and further measure
The GRA emphasised that the move aligns with the government's commitment to addressing greenhouse gas emissions.
Latest Stories
-
Trump administration seeks $200bn in military funding in wake of Iran war
15 minutes -
Precious International School and God Reigns Academy secure semifinal spots in 2026 Luv FM VitaMilk primary schools quiz
30 minutes -
Parliament ratifies Ghana–Barari DV lithium deal amid minority rejection
49 minutes -
Decency, modesty, and legality: National Chief Imam issues Eid-Al-Fitr 2026 guidance
1 hour -
No more extravagant funerals: Tema Traditional Council sets tough new rules
1 hour -
World Cup 2026: Litina Travels secures Sports Ministry endorsement to facilitate Ghanaian fan travel
1 hour -
Perform or be dissolved: Gov’t bans bonuses for loss-making SOEs
1 hour -
Photos: Mahama cuts sod for 24-hour economy market at Dormaa Ahenkro
2 hours -
Vera Couch partners with Opokua Ahwenee Foundation to donate food items to Awoshie orphanage
2 hours -
Mahama defends new SIM card registration
2 hours -
Tragedy at Effutu A.M.E Zion Girls: Final-year student killed in campus bee attack
2 hours -
DR Congo and Rwanda agree to ease tensions after talks in US
2 hours -
GCNM holds first induction by examination, urges shift towards specialist-led healthcare delivery
2 hours -
Government to interrogate Burkina Faso tomato export ban further – Dumelo
2 hours -
Lancaster University calls for reforms to Ghana School of Law admission system
2 hours
