Facebook Instagram Linkedin Twitter Youtube
  • Home
  • Economy
    • Green Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Companies
    • Education
    • Energy
    • Fisheries and Aquaculture
    • Health
    • Insurance
    • Features
  • Opinions
    • Dr. Maxwell Ampong
    • Alberta Quarcoopome
    • Nana Yaa Ofori-Atta
  • Reports
  • BFT TV
  • Events
    • Ghana Economic Forum
    • African Energy Conference
    • The Money Summit
    • Youth Economic Forum
  • Subscribe
  • Sign In
Search
Wednesday, July 2, 2025
Facebook Instagram Linkedin Twitter Youtube
Sign in
Welcome! Log into your account
Forgot your password? Get help
Create an account
Privacy Policy
Create an account
Welcome! Register for an account
A password will be e-mailed to you.
Privacy Policy
Password recovery
Recover your password
A password will be e-mailed to you.
The Business & Financial Times
  • Home
  • Economy
    • Green Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Companies
    • Education
    • Energy
    • Fisheries and Aquaculture
    • Health
    • Insurance
    • Features
  • Opinions
    • Dr. Maxwell Ampong
    • Alberta Quarcoopome
    • Nana Yaa Ofori-Atta
  • Reports
  • BFT TV
  • Events
    • Ghana Economic Forum
    • African Energy Conference
    • The Money Summit
    • Youth Economic Forum
  • Subscribe
  • Sign In
Home Business AGI urges gov’t to account for environmental levies
  • Business
  • News
  • Top Headlines

AGI urges gov’t to account for environmental levies

July 2, 2025
0
Facebook
Twitter
WhatsApp
Email
Print

    By Christabel DANSO ABEAM

    The Association of Ghana Industries (AGI) has called on government to provide greater transparency and accountability in the use of environmental levies collected from businesses across the country.

    According to John Defor, Director of Policy and Research at AGI, although businesses continue to comply with payments under the Environmental Excise Tax (EET) and Sanitation Levy, there is little evidence of how these funds are being used to tackle the growing plastic waste and sanitation challenges facing Ghana.

    “We are fulfilling our tax obligations, but we don’t see government putting those taxes to the intended use,” Mr. Defor said.

    The Environmental Excise Tax, introduced in 2013, requires companies importing plastic raw materials to pay 10 percent of the CIF (Cost, Insurance, and Freight) value. Half of the revenue from this tax is meant to support plastic waste management infrastructure. In addition, the Sanitation Levy – popularly known as the ‘bola tax’  places a 10-pesewa charge on every litre of fuel purchased.

    Mr. Defor noted that these levies generate significant revenue and should be channelled into waste management, environmental education and recycling infrastructure. He recommended the establishment of a dedicated fund to ensure these levies are not absorbed into the Consolidated Fund without proper use.

    “With Ghana’s National Plastic Management Policy already in place, we expect stronger government commitment and visible results,” he added.

    On the proposed bannig of some plastics, Mr. Defor expressed concern about its impact on businesses – highlighting that many companies already practice sustainable plastic use through recycling and second-life solutions.

    Private sector efforts to fight plastic waste

    Despite these concerns, private sector initiatives like the Ghana Recycling Initiative by Private Enterprises (GRIPE) under the AGI continue to play a leading role in addressing plastic waste.

    As part of its ongoing efforts, GRIPE has donated 100 eco-friendly desks and chairs made from recycled plastics to five basic schools in the Ga West Municipal Assembly. Beneficiary schools include Odumase M/A Basic School 1, Medie M/A Basic School, Otsirikomfo M/A Basic School, Kwashiekuma Methodist Basic School and Afuaman M/A Basic School.

    GRIPE president Eric Boamah said the donation aimed at educating and inspiring schoolchildren to embrace recycling and responsible waste management. “We’re solving two problems – educating the youth and promoting sustainability,” he said.

    Victor Nene Tawiah, Ga West Director of Education, welcomed the gesture – stressing the importance of building environmental awareness among schoolchildren. He called for more support from other organisations to improve infrastructure in public schools.

    Both AGI and GRIPE maintain that while private efforts are ongoing, stronger government action and clear use of environmental levies are essential to effectively combat plastic waste and promote sustainable development in Ghana.

    Post Views: 447
    SOURCEthebftonline.com
    • TAGS
    • AGI urges gov’t to account for environmental levies
    Facebook
    Twitter
    WhatsApp
    Email
    Print
      Previous articleLatif Abubakar wins Best Project Management Prize in Africa
      Next articleGov’t to unlock GH₵6bn in concessional loans for MSMEs
      Juliet Etefe

      RELATED ARTICLESMORE FROM AUTHOR

      Economy

      Editorial: US$360m to strengthen macroeconomic stability

      Business

      Editorial: Flagship 24-hour economy unveilled

      Business

      Gov’t to unlock GH₵6bn in concessional loans for MSMEs

      LEAVE A REPLY Cancel reply

      Log in to leave a comment

      Read Today's E-Paper










      Recent Posts

      Rikair partners with GIP to make medical grade oxygen accessible 

      Six cashew processing factories receive financial support

      TheHealthReport25: The Bank Hospital: A Beacon of Excellence in Ghanaian Healthcare

      DPO set to launch Ghana operations

      China doubles down on nuclear energy to cut carbon emissions

      Most Popular

      Editorial: US$360m to strengthen macroeconomic stability

      A US$360million disbursement from the World Bank, the first tranche of an anticipated      US$730million in foreign exchange inflows aimed at supporting macroeconomic...

      Editorial: Flagship 24-hour economy unveilled

      Government intends to raise US$4billion for its 24-hour economy initiative by leveraging blended finance, pension funds and diaspora capital. With a seed capital of US$300million,...

      Gov’t to unlock GH₵6bn in concessional loans for MSMEs

      By Ernest Bako WUBONTO Government has announced plans to unlock GH₵6billion in concessional lending over the next two years to support micro, small and medium...

      Latif Abubakar wins Best Project Management Prize in Africa

      Celebrated Ghanaian Playwright and Project Management Strategist, Latif Batalima Abubakar PMP, has been adjudged the Best Project Management Professional at the maiden Sky Africa...

      Statistical association congratulates government statistician

      The Ghana Statistical Association (GSA) last week paid a courtesy call on the Government Statistician, Dr. Alhassan Iddrisu at his office in Accra. The meeting...

      About Us

      • About B&FT
      • Contact Us
      • FAQ
      • Webmail

      Legal & Privacy

      • Term & Conditions
      • Privacy Policy
      • Copyright
      • Cookies

      Services & Tools

      • Today's E-Paper
      • Individual Subscriptions
      • Group Subscriptions
      • Advertise
      • Android App
      © The Business & Financial Times. Copyright 2025. All rights reserved.
      MORE STORIES
      Economy

      Editorial: US$360m to strengthen macroeconomic stability