New levy adds up to GH¢2, not GH¢1 as stated by government - Energy analyst

Read Comments Comments (18)

• Awo Yaaso 7 months ago

  It's good. They should increase it the more. E-levy was 1%. This increase is more than 30%.
  We haven't seen anything yet.

  It's good. They should increase it the more. E-levy was 1%. This increase is more than 30%.
  We haven't seen anything yet.

  reply
• Jones 7 months ago

  This Kwadwo Poku is a failed flag bearer aspirant of the NPP. The fool didn't even get one vote. Frustrated animal. Please ignore this foolish man

  This Kwadwo Poku is a failed flag bearer aspirant of the NPP. The fool didn't even get one vote. Frustrated animal. Please ignore this foolish man

  reply
• M.T 7 months ago

  Stop the insults and embrace intellectual argument. If you opposed e-elevy it doesn't make sense to support the d-levy. E-levy affected only those who are sending money which majority of Ghanaians don't do. But the effects of ...
  read full comment

  Stop the insults and embrace intellectual argument. If you opposed e-elevy it doesn't make sense to support the d-levy. E-levy affected only those who are sending money which majority of Ghanaians don't do. But the effects of this d-levey is going to reach you even if you are hiding in the caves. It touches everything around Ghanaians.

  reply
• Godfred 7 months ago

  This new fee is nothing like E-levy. E-levy is a percentage of any amount sent and it’s with all transaction paid via electronic. This is only in fuel and even if 4 cedis when you break it down, it’s nothing.

  This new fee is nothing like E-levy. E-levy is a percentage of any amount sent and it’s with all transaction paid via electronic. This is only in fuel and even if 4 cedis when you break it down, it’s nothing.

  reply
• Agyeman 7 months ago

  YOU SEE MY FRIEND, YOU YOU DON'T EVEN UNDERSTAND WHAT YOU'RE SAYING. IT COMES TO 4.25 CEDIS PER GALLON. SO ASSUMING YOU BUY 2 GALS A DAY BY 20 WORKING DAY IT'S A COOL 80.50 A MONTH. MONEY THESE POLITICIANS ARE GOING TO FOOL A ...
  read full comment

  YOU SEE MY FRIEND, YOU YOU DON'T EVEN UNDERSTAND WHAT YOU'RE SAYING. IT COMES TO 4.25 CEDIS PER GALLON. SO ASSUMING YOU BUY 2 GALS A DAY BY 20 WORKING DAY IT'S A COOL 80.50 A MONTH. MONEY THESE POLITICIANS ARE GOING TO FOOL AROUND WITH.

  reply
• Anomaa 7 months ago

  Where did you school?

  Where did you school?

  reply
• Kofi Sromani 7 months ago

  But yhe process of fuel will still.be far lower than it was under the NPP. So what is your point? The cummulative effect, compared to what pertained just five months ago, will still be a reduction in fuel prices. The NPP is ...
  read full comment

  But yhe process of fuel will still.be far lower than it was under the NPP. So what is your point? The cummulative effect, compared to what pertained just five months ago, will still be a reduction in fuel prices. The NPP is full of brainless idiots whose stock-in-trade is to deceive and misinform the public.

  reply
• Alidu 7 months ago

  Don't be stupid, the dollar is will soon..go up and so the fuel prices will go up and when it goes up you will see your stupidity. By the way dollar is nosediving speedily globally. Mahama has done shit to the cedis appreciat ...
  read full comment

  Don't be stupid, the dollar is will soon..go up and so the fuel prices will go up and when it goes up you will see your stupidity. By the way dollar is nosediving speedily globally. Mahama has done shit to the cedis appreciation

  reply
• Godfred 7 months ago

  By what measure will the dollar go up? All the gold is being given to gold board, all the needless expenditure is being cut out. All the contracts are being given to Ghanaians not foreigners. So what will cause a foreign curr ...
  read full comment

  By what measure will the dollar go up? All the gold is being given to gold board, all the needless expenditure is being cut out. All the contracts are being given to Ghanaians not foreigners. So what will cause a foreign currency to go up against ours? The dollar hasn’t changed, it’s the cedis that has gained. Use your brain before speaking.

  reply
• JD 7 months ago

  Stupid Burkinabe of a president. Useless ndc party. A party founded by murderers and a bunch of envious foreigners who killed almost every successful Akan and rather promoted Ewes. We will soon take our country back and do pr ...
  read full comment

  Stupid Burkinabe of a president. Useless ndc party. A party founded by murderers and a bunch of envious foreigners who killed almost every successful Akan and rather promoted Ewes. We will soon take our country back and do proper formatting. Now we have Dumsor levy. Ndc twerps.

  reply
• Ina 7 months ago

  This one and e-levy which is better?
  Hahahaaa
  Ghana my motherland

  This one and e-levy which is better?
  Hahahaaa
  Ghana my motherland

  reply
• Hannan 7 months ago

  ;))))) A lot of hot girls waiting for you --> Hot4.eu

  ;))))) A lot of hot girls waiting for you --> Hot4.eu

  reply
• Kay De 7 months ago

  Scammers.

  Scammers.

  reply
• Godfred 7 months ago

  Please stay not in charge and irrelevant. The final ex pump price will show. Your math and calculations are what ended us at 17-18 cedis. Go burn bridges, we don’t need these people in Ghana. Stupid literate people. Don’t ...
  read full comment

  Please stay not in charge and irrelevant. The final ex pump price will show. Your math and calculations are what ended us at 17-18 cedis. Go burn bridges, we don’t need these people in Ghana. Stupid literate people. Don’t know the difference between percentage and fixed amount.

  reply
• John 7 months ago

  Npp expert

  Npp expert

  reply
• Agyeman 7 months ago

  IT WON'T TAKE LONG FOR ATO TO REALIZE HIS REAL SIZE. YOU BEG PEOPLE TO REDUCE THEIR WARES BUT YOU CHEAT BY INCREASING YOURS BECAUSE YOU AND YOUR KIND DON'T PAY ANYTHING FROM YOUR POCKETS. BY MONTH 18 OPPOSITION WILL BE BECKON ...
  read full comment

  IT WON'T TAKE LONG FOR ATO TO REALIZE HIS REAL SIZE. YOU BEG PEOPLE TO REDUCE THEIR WARES BUT YOU CHEAT BY INCREASING YOURS BECAUSE YOU AND YOUR KIND DON'T PAY ANYTHING FROM YOUR POCKETS. BY MONTH 18 OPPOSITION WILL BE BECKONING AT YOU.

  reply
• Bitter truth 7 months ago

  Mahama and the Ndc screwed up when he said he wants to abolish E-levy and betting tax..I wrote a comment here that it was a wrong move by Mahama to abolish the betting tax..Ghana is a poor country..as a govt, if u don’t kno ...
  read full comment

  Mahama and the Ndc screwed up when he said he wants to abolish E-levy and betting tax..I wrote a comment here that it was a wrong move by Mahama to abolish the betting tax..Ghana is a poor country..as a govt, if u don’t know how to mobilize funds internally, then u will have to go to wicked ImF to take loans which will bring hardship to your economy..Ghana is still a struggling economy so taxes are important..even in the developed countries, the reason why they are able to sustain their development is through taxes..I will never support or vote for any presidential candidates who lies that he will abolish taxes..it’s not sustainable..there are two ways to govern a country 1. Mobilize revenues internally 2. Or go to IMF or world bank for loans with stupid rules and regulations which will bring hardship on your citizens..so by looking at these two alternatives, mobilizing revenues internally is the best option..Let me repeat, I said After Kwame Nkrumah, Nana Addo is the next best president believe it or not..about 80% of nana Addo’s policies were the best for our economy..the only downfall of nana Addo was he was too slow..without these fuel levy, Ndc has only one alternative that’s to go back to IMF which is not good for our economy at this moment..Taxes are good for every economy, the only problem is how the taxes are used..if I was a president of Ghana, betting tax will be 50%..nothing more nothing less

  reply
• Ku 7 months ago

  Ghanaians must stop praising Mahama for the dollar devalued.
  The U.S. dollar has experienced a significant decline during President Donald Trump's current administration, falling nearly 10% against a basket of major currenc ...
  read full comment

  Ghanaians must stop praising Mahama for the dollar devalued.
  The U.S. dollar has experienced a significant decline during President Donald Trump's current administration, falling nearly 10% against a basket of major currencies since mid-January 2025 . This depreciation is attributed to a combination of policy decisions and economic factors:
  
  1. Aggressive Trade Policies and Tariffs
  The Trump administration's imposition of substantial tariffs on imports from countries such as China, Mexico, and Canada has escalated trade tensions. These protectionist measures have led to market volatility and diminished investor confidence in the dollar . The uncertainty surrounding trade relations has prompted investors to seek alternative currencies, contributing to the dollar's weakness.
  
  2. Fiscal Policies and Rising National Debt
  Recent tax cuts and increased government spending have added approximately $3.3 trillion to the national debt, raising concerns about fiscal sustainability . The expanding deficit has led to higher long-term bond yields and a wider term premium, factors that have exerted downward pressure on the dollar.
  reuters.com
  
  3. Federal Reserve Policy and Interest Rate Expectations
  President Trump has publicly criticized Federal Reserve Chair Jerome Powell for not reducing interest rates in response to economic indicators such as slowing job growth and a contracting services sector . While the Fed has maintained rates in the 4.25%–4.5% range, the anticipation of potential rate cuts has contributed to the dollar's depreciation.
  thetimes.co.uk
  
  4. Investor Sentiment and Market Dynamics
  The foreign exchange options market reflects expectations of continued dollar weakness, with increased demand for USD put options indicating bearish sentiment . Investors are reallocating assets toward currencies perceived as more stable, such as the euro and yen, further undermining the dollar's value.
  
  
  5. Strategic Considerations for Dollar Devaluation
  There is speculation that the Trump administration may be pursuing a deliberate strategy to weaken the dollar to enhance the competitiveness of U.S. exports and reduce trade deficits. Proposals such as the "Mar-a-Lago Accord" suggest coordinated efforts to devalue the dollar, reminiscent of the 1985 Plaza Accord .
  businessnews.com.my
  independent.co.uk
  
  In summary, the dollar's decline under the Trump administration is the result of aggressive trade policies, expansive fiscal measures, anticipated shifts in monetary policy, and strategic considerations for currency valuation.

  reply