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
-
Without discipline, Ghana risks a return to IMF – CPS Director warns
5 minutes -
Minority caucus demands immediate laying of BoG accounts before Parliament
9 minutes -
Black Sherif takes victory lap to Telecel Ghana HQ after 27th TGMA sweep
15 minutes -
Build inclusion into core of workplace culture – Telecel Ghana HR Director
20 minutes -
The youth are drowning – Vivies Dance and Theatre Academy sparks national conversation on addiction
24 minutes -
Bank of Ghana revoked GN Savings & Loans licence solely on insolvency grounds, not other alleged breaches — Lawyer for GN reveals
28 minutes -
Justice for Sale: How Ghana’s laws protect the powerful and punish the poor
34 minutes -
I wish some Ghanaians in US would go to school and improve themselves – Ambassador Smith
34 minutes -
2026 World Cup: Ghana’s Ambassador to US dismisses reports that only 3 out of 150 supporters secured visa
36 minutes -
Afoko calls for research-driven strategy to rebuild NPP ahead of 2028 elections
49 minutes -
Guinness Ghana Annual Golf Championship set for May 30 at Achimota Golf Club
59 minutes -
Ghana to announce World Cup squad on June 1 – Kurt Okraku
2 hours -
Livestream: Newsfile dicusses attack on free speech and return of GN Bank
2 hours -
Panic in Sunyani: Chiefs to perform rituals after mystery deaths of two successive headteachers
4 hours -
The party has lost ground – Paul Afoko breaks long silence to launch NPP comeback
4 hours