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A Breakdown of Taxes, Levies and Margins Imposed on Ex-Pump Prices

Taxes are the main source of revenue for government. Proceeds from the tax collection are used to undertake government policies and to meet expenditure and other budgetary requirements. Petroleum products are no exception from tax impositions as such various taxes, levies and margins are imposed on petroleum products before it is passed down to the […]

Energy bond auction ends today

Government is expected to conclude the auctioning of the energy bond Friday, November 3, 2017; barring any last minute changes. Managers of the bond had to extend the auction for the bond after they failed to raise the 6 billion cedis expected. The 7 year bond made the 2.4 billion cedi mark after auctioning closed […]