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🇬🇭 Ghana /Economy & Trade

KGL Group Pays GH¢153 Million Corporate Income Tax to GRA

From Ghanaian Times · (6d ago) English Positive tone

Translated from English, summarized and contextualized by DistantNews.

TLDR

  • KGL Group presented GH¢153 million in corporate income tax to the Ghana Revenue Authority (GRA).
  • The company highlighted its commitment to responsible corporate citizenship and contributing to Ghana's economic growth through tax compliance.
  • KGL Group also reported significant social impact investments and national sponsorships, underscoring its role in national development.

The KGL Group has once again demonstrated its unwavering commitment to Ghana's development and responsible corporate governance by presenting a substantial GH¢153 million in corporate income tax to the Ghana Revenue Authority (GRA). This significant contribution, made at a tax compliance presentation in Accra, underscores the Group's philosophy of creating and responsibly sharing value.

At KGL, we create value, and we share that value responsibly. Paying tax is not a burden; it is our contribution from what we have achieved as a business operating in this country. It is how we give back to the community that makes our success possible.

— Alex Apau DadeyExecutive Chairman of KGL Group, explaining the company's philosophy on tax contributions and corporate responsibility.

Executive Chairman of KGL Group, Alex Apau Dadey, emphasized that paying taxes is not a burden but a contribution derived from the company's achievements within Ghana. He stated, "It is how we give back to the community that makes our success possible." This sentiment reflects a deep understanding of corporate social responsibility and a dedication to national progress.

Dadey further highlighted the Group's broader financial contributions, noting that in 2025 alone, KGL Group made total direct payments of GH¢350 million to the state, with GH¢180 million remitted to the National Lottery Authority (NLA). These figures showcase the company's substantial impact on Ghana's economy and public finances.

In 2025 alone, we made a total of GH¢350 million in direct payments to the state, out of which GH¢180 million was remitted to the National Lottery Authority (NLA). These are responsibilities we take seriously and wholeheartedly embrace.

— Alex Apau DadeyExecutive Chairman of KGL Group, detailing the company's financial contributions to the state.

Beyond tax contributions, KGL Group actively invests in social impact through the KGL Foundation, allocating over GH¢40 million to community development initiatives. Their support extends to national endeavors, including sponsorships for the senior national football team, the Black Stars, and the Regional U-17 Colts Championship, alongside crucial infrastructure projects like the KGL–EVE Medical Centre in Kumasi and the Alex Dadey University of Ghana Alumni Centre. This multifaceted approach solidifies KGL Group's position as a key player in driving national progress and supporting the government's development agenda.

Ghanaian companies have the discipline, integrity, and capability to support the country’s development agenda while competing at the highest levels.

— Alex Apau DadeyExecutive Chairman of KGL Group, asserting the capability of indigenous Ghanaian enterprises.
DistantNews Editorial

Originally published by Ghanaian Times in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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