The Executive Chairman of KGL Group, Alex Dadey, has announced that the company will pay GHS150 million in corporate income tax to the Ghana Revenue Authority before the end of April, reinforcing its stance on responsible corporate citizenship.
Mr Dadey made the announcement while speaking at the Kwahu Business Forum 2026 in the Eastern Region, where he delivered a presentation on “Good Corporate Citizenship in Building Sustainable African Businesses, The KGL Case Study.”
The high-level forum was attended by John Dramani Mahama, Chief of Staff Julius Debrah, Minister for Trade and Agribusiness Elizabeth Agyare, Presidential Economic Advisor Seth Terkper, and CEO of Ghana EXIM Bank Sylvester Mensah, alongside other business leaders.
In his address, Mr Dadey underscored the critical role of taxation in national development, describing it as a key driver of infrastructure, social services and long-term economic growth.
“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.
He stressed that tax compliance goes beyond legal duty, calling it a shared responsibility necessary for building a resilient and prosperous economy.
Mr Dadey also called for fairness and transparency in the tax system, urging businesses and stakeholders to meet their obligations. He noted that KGL has consistently filed its annual returns on time over the past five years and has undergone comprehensive audits by the tax authority.
At the same time, he cautioned against tax policies that could stifle business expansion, emphasising the need to strike a balance that supports innovation, entrepreneurship and job creation.
The planned GHS150 million payment has been widely seen as a strong signal of corporate accountability within Ghana’s private sector.
In his remarks, President Mahama praised Mr Dadey’s leadership, saying he is “walking the talk” on corporate responsibility, and urged other businesses to follow suit. He added that he looks forward to seeing the payment made at the Ghana Revenue Authority.
Participants at the forum also commended KGL’s approach, describing it as a benchmark for corporate conduct in Ghana and across Africa.
KGL Group was among the platinum sponsors of this year’s Kwahu Business Forum.
