Wan Heng Ghana Limited, producers of SOL cement in Tema, say they’re committed to their tax obligations as a responsible company “dedicated to its mission of contributing to the growth and development of Ghana.”

The company’s management said this in a statement issued on Monday, October 23, in response to reports that the Ghana Revenue Authority (GRA), has shut down its operations over tax arrears running into millions of Ghana cedis.

“We wish to address the recent news regarding the closure of Wan Heng Ghana Limited (producers of Sol Cement) and its outstanding tax liabilities to the Ghana Revenue Authority. As a leading cement manufacturing company, we understand the importance of our financial responsibilities and the impact they have on our nation's development” the company said.

“We acknowledge that we are indebted to the Ghana Revenue Authority for unpaid taxes. We are fully committed to resolving this matter in a responsible and timely manner.”

The company further assured its valued customers, stakeholders, and the public that it is taking immediate and proactive steps to address the issue.

“We are in discussions with relevant tax authorities to develop a structured repayment plan that aligns with our financial capabilities and ensures that our tax obligations are met.”

SOL Cement says it remains dedicated to its mission of contributing to the growth and development of Ghana and fully understands that paying taxes is an essential part of fulfilling this commitment.

The company apologized for any inconveniences this situation may have caused and promised to keep all stakeholders informed throughout the payment process.

“We appreciate the trust and support that our customers and partners have placed in us over the years, and we are determined to rectify this situation while continuing to provide top-quality cement products and services. We thank you for your understanding and patience during this challenging period.

Sol Cement remains committed to being a responsible corporate citizen and a reliable contributor to the Ghanaian economy” the statement concluded.