Audio By Carbonatix
The Executive Chairman of KGL Group, Alex Dadey, has announced that the company will pay GHC 150 million in taxes to the Ghana Revenue Authority within the month, reaffirming its commitment to responsible corporate citizenship.
Mr. Dadey made this known during his address on “Good Corporate Citizenship in Building Sustainable African Businesses — The KGL Case Study” at the Kwahu Business Forum 2026, held in the Eastern Region.
In attendance were President John Mahama; Hon. Julius Debrah, Chief of Staff; Hon. Elizabeth Agyare, Minister of Trade and Agribusiness; Seth Terkper, Presidential Advisor on the Economy; Sylvester Mensah, CEO of EXIM Bank; captains of industry; and other distinguished guests.
In his speech, Mr. Dadey emphasized that taxation remains a vital tool for national development, enabling government to fund infrastructure, social services, and long-term economic growth. He noted that beyond being a legal obligation, tax compliance is a shared responsibility essential to building a prosperous and resilient nation.
“KGL is committed not only to meeting its tax obligations but to doing so in a manner that reflects our broader responsibility to national development,” he stated.
Mr. Dadey further highlighted the need for a fair and transparent tax system, urging all stakeholders to fulfill their obligations. He emphasized that, over the past five years, KGL has been among the few companies to consistently file its annual returns promptly and undergo comprehensive audits by the GRA.
He also cautioned against tax policies that could hinder business growth, stressing that the right balance must be struck to encourage innovation, entrepreneurship, and job creation.
The announcement of the GHC 150 million tax payment has been widely viewed as a strong demonstration of corporate accountability and leadership within the private sector.
In his remarks, President Mahama commended Mr. Dadey for leading by example and “walking the talk” as a good corporate citizen. He urged other corporate leaders to emulate this approach and added that he looks forward to seeing the payment made at the GRA.
Participants at the forum also commended KGL’s approach, noting that such commitments set a positive standard for businesses across the country and the continent.
KGL was one of the platinum sponsors for this year’s Kwahu Business Forum.
Latest Stories
-
Nhyira FM excites audience in Kumasi with massive 2026 Fufu Party
5 minutes -
Ghana Exits IMF
8 minutes -
Navy rescues seven suspected Ivorian stowaways from oil tanker off Tema coast
10 minutes -
Tema Port Director urges maritime workers to stay fit amid rising NCD deaths
11 minutes -
Man drives car into pedestrians in Italy before trying to stab them
12 minutes -
Taiwan insists it is independent after Trump warning
22 minutes -
Democratic governor under fire over clemency for 2020 election denier
22 minutes -
Arrest made after man dies in north Dublin house
31 minutes -
Whale found dead near Danish island after German rescue operation
31 minutes -
GhanaThink Junior Camp inspires Wa SHS career planning
40 minutes -
African Union expresses concern as Somalia talks end without consensus
1 hour -
Government suspends Makola Market demolition plan after traders’ protest
1 hour -
UCC crowned overall champions as UPSA successfully hosts 9th mini GUSA games
1 hour -
GNFS fully contains Suame Magazine fire, one woman dead, several properties destroyed
1 hour -
Africa must build its own systems and lead its transformation – Vice President
2 hours