• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Dumsor Levy Comes into Force Today as Government Targets Energy Sector Stabilisation

1 month ago
in Business, Energy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
34
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Dumsor Levy Comes into Force Today as Government Targets Energy Sector Stabilisation

The implementation of the revised Energy Sector Levy (Amendment) Act, 2025 (Act 1141), popularly referred to as the Dumsor Levy (D-Levy), officially takes effect today, Wednesday, July 16, 2025.

The new levy regime, which was previously postponed, is now being enforced by the Ghana Revenue Authority (GRA) following the government’s directive. The delay, according to government sources, was to allow for the monitoring of global fuel market trends and to safeguard recent gains in domestic fuel price stability.

Authorities indicate that the implementation of the amended law follows extensive stakeholder consultations, particularly with the Ministries of Finance and Energy, alongside a thorough review of prevailing macroeconomic conditions.

“The revised levy is expected to contribute significantly to stabilising the economy by addressing the persistent funding shortfalls in the energy sector,” a senior official at the Ministry of Finance told NorvanReports on condition of anonymity.

The amendments to the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) include increases in the rates applied to various petroleum products. The government maintains that the revised rates are crucial to raising additional revenue needed to settle legacy debts in the energy sector and support urgent infrastructure investments.

The D-Levy remains a key component of the broader energy sector recovery strategy, which seeks to improve liquidity among sector players and restore financial sustainability across the power value chain.

RelatedPosts

The Global Push for a Just Transition in Energy Jobs

Why the IEA Reinstated Its “Business as Usual” Scenario

GRA Targets Offshore Income in Expanded Tax Compliance Drive

Analysts have warned, however, that the implementation of the revised levy could result in marginal upward pressure on fuel prices, despite the current relative stability.

Nonetheless, government officials have downplayed the risk of significant price hikes, assuring the public that the expected impact has been cushioned by the recent downward trend in global crude oil prices and the relatively stable cedi.

The Energy Sector Levy was first introduced in 2015 as part of efforts to address the financial challenges confronting the country’s energy sector, including power producers and distributors. It has since undergone several reviews to align with emerging fiscal and operational realities.

Tags: DumsorDumsor Levy Comes into Force as Government Targets Energy Sector Stabilisationenergy sector

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Gold Boom Drives Rising Costs for Australian Producers

La Liga: Barcelona Stages Late Comeback Against Levante as Atletico Madrid Drops Points Again

Premier League: Spurs Stun Man City at Etihad; Arsenal Dominates Leeds to go Top

CHAN 2024: Senegal, Sudan Complete Semifinal Lineup

From Promise to Peril: How Exam Fraud is Eroding Ghana’s Educational Soul

The 10 Fastest-Growing Trading Nations in Africa

Trending

Features

The Global Push for a Just Transition in Energy Jobs

August 24, 2025

The Global Push for a Just Transition in Energy Jobs For years, energy workers from the fossil...

Why the IEA Reinstated Its “Business as Usual” Scenario

August 24, 2025

GRA Targets Offshore Income in Expanded Tax Compliance Drive

August 24, 2025

Gold Boom Drives Rising Costs for Australian Producers

August 24, 2025

La Liga: Barcelona Stages Late Comeback Against Levante as Atletico Madrid Drops Points Again

August 24, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.