Ghana is set to remove certain fuel taxes and charges imposed along the supply chain by distributors and retailers, in an effort to ease pressure on consumers facing rising pump prices triggered by the Middle East conflict. The measures are expected to come into effect within a week, although the specific levies to be scrapped will only be confirmed after consultations with stakeholders in the coming days.

The West African country, which imports about 70% of its refined fuel, is among several African nations experiencing sharp fuel‑price increases after the US‑Israeli war with Iran pushed global oil prices higher. 

For a reaction to these measures, we are joined on the line by Geoffrey Kabutey Ocansey, Executive Director for Revenue Mobilisation Africa.

Ghana is set to remove certain fuel taxes and charges imposed along the supply chain by distributors and retailers, in an effort to ease pressure on consumers facing rising pump prices triggered by the Middle East conflict. The measures are expected to come into effect within a week, although the specific levies to be scrapped will only be confirmed after consultations with stakeholders in the coming days.
The West African country, which imports about 70% of its refined fuel, is among several African nations experiencing sharp fuel‑price increases after the US‑Israeli war with Iran pushed global oil prices higher.&nbsp;
For a reaction to these measures, we are joined on the line by Geoffrey Kabutey Ocansey, Executive Director for Revenue Mobilisation Africa.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.