The implementation of the revised Energy Sector Levy (Amendment) Act, 2025 (Act 1141) officially takes effect today, Wednesday, July 16, 2025. In Ghanaian terminology, the Energy Sector Levy is also known as the Dumsor Levy (D-Levy). This new levy regime, which has been announced by the government and is being enforced by the Ghana Revenue Authority (GRA), follows an earlier postponement that was aimed at monitoring global market trends and maintaining 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, as well as a comprehensive review of the current economic conditions. Officials state that the timing is part of broader efforts to stabilize the economy and address funding gaps within the energy sector.
Under the revised legislation, rates for the Energy Sector Shortfall and Debt Repayment Levy (ESSDRL) have been increased across several petroleum products. These adjustments are designed to enhance revenue generation, which will help clear legacy debts and support critical investments in energy infrastructure.
Source: Classfmonline.com/Cecil Mensah
