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KGL commits to pay ₵150m tax to GRA in April 2026

KGL commits to pay ₵150m tax to GRA in April 2026

At the 2026 Kwahu Business Forum in Ghana’s Eastern Region, the Executive Chairman of KGL Group, Alex Dadey, made a significant announcement: the company will pay GHS 150 million in Corporate Income Tax (CIT) to the Ghana Revenue Authority before the end of April 2026. This declaration immediately positioned KGL as a standout example of corporate responsibility in Ghana’s private sector.

A message delivered at a high-profile forum
The announcement came during Mr. Dadey’s keynote address titled “Good Corporate Citizenship in Building Sustainable African Businesses — The KGL Case Study.” The event attracted top government officials and industry leaders, including John Mahama, Julius Debrah, and Elizabeth Agyare.
Also present were economic policymakers like Seth Terkper and business leaders such as Sylvester Mensah, along with other influential stakeholders.

Taxation as a pillar of national development
In his speech, Mr. Dadey emphasized that taxation is more than a statutory requirement—it is a cornerstone of national progress. He explained that tax revenues empower governments to invest in infrastructure, education, healthcare, and other critical sectors that drive long-term development.
“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, reinforcing the company’s philosophy of aligning profit with purpose.

Consistency and transparency in compliance
Mr. Dadey highlighted KGL’s strong compliance track record, noting that the company has consistently filed its annual tax returns on time over the past five years. Additionally, it has undergone thorough audits by the Ghana Revenue Authority, further demonstrating its transparency and accountability.
He called for a fair and efficient tax system where all businesses meet their obligations, ensuring equity across the corporate landscape. B

Balancing policy and business growth
While advocating for compliance, Mr. Dadey also issued a note of caution. He stressed that tax policies must be carefully designed to avoid stifling innovation, entrepreneurship, and job creation. According to him, achieving the right balance is key to fostering a vibrant and competitive business environment in Ghana and across Africa.

National recognition and praise
The announcement drew praise from John Mahama, who commended Mr. Dadey for “walking the talk” when it comes to corporate citizenship. He encouraged other business leaders to follow KGL’s example and expressed anticipation for the fulfillment of the tax commitment at the Ghana Revenue Authority. Participants at the forum echoed this sentiment, describing KGL’s action as a benchmark for responsible business conduct. Setting the Standard for Corporate Africa. As a platinum sponsor of the Kwahu Business Forum 2026, KGL reinforced its influence not only through financial support but also through leadership in ethical business practices.

The pledge to pay GHS 150 million in CIT stands as a powerful statement—one that signals accountability, strengthens public trust, and sets a compelling standard for companies across Ghana and the African continent.

African Editors

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