KGL Drops GHS150M Tax Bomb—No Delays, No Excuses

The Executive Chairman of KGL Group, Alex Dadey, has announced that the company will pay a massive GHS150 million in corporate income tax to the Ghana Revenue Authority before the end of April—sending a clear message on corporate accountability. Speaking at the Kwahu Business Forum 2026, Dadey used the moment to spotlight KGL’s approach to “Good Corporate Citizenship,” framing tax compliance not just as a legal box to tick, but a core responsibility in building sustainable African businesses. The high-profile forum pulled in key decision-makers, including John Dramani Mahama, Chief of Staff Julius Debrah, Trade and Agribusiness Minister Elizabeth Agyare, Presidential Economic Advisor Seth Terkper, and Sylvester Mensah, alongside top business leaders. Dadey didn’t hold back: taxation, he said, is the engine behind infrastructure, social services, and long-term economic growth. “KGL is committed not only to meeting its tax obligations but to doing so in a way that reflects our responsibility to national development,” he stated. He pushed the idea that paying taxes isn’t just compliance—it’s a shared duty needed to build a strong, resilient economy. At the same time, he called for a fair and transparent tax system, cautioning against policies that could choke business growth and innovation. According to him, KGL has consistently filed its returns on time over the past five years and has undergone thorough audits by the tax authority—positioning the company as one that plays by the rules. The planned GHS150 million payment is already being seen as a bold signal to the private sector: accountability isn’t optional. In his remarks, Mahama praised Dadey’s leadership, saying he is “walking the talk” on corporate responsibility and urging other businesses to step up. He added he expects to see the payment made at the Ghana Revenue Authority. Forum participants also backed KGL’s approach, describing it as a benchmark for how companies should operate—not just in Ghana, but across Africa. KGL Group was among the platinum sponsors of this year’s Kwahu Business Forum.