08
Jul
The National Association of Sachet and Packaged Water Producers (NASPAWAP) has joined forces with plastic manufacturers in urging the government to indefinitely suspend the newly introduced 5% excise tax on finished plastic products. In a statement, the association emphasised that this appeal is driven by concerns over the economic hardship that the 5% tax would impose on consumers. NASPAWAP highlighted that bottled and sachet water prices have seen considerable increases since January 2024, largely due to Cedi’s depreciation against the US dollar. They argued that the 5% excise tax, which is presumably intended to tackle environmental issues caused by plastics,…