banner books
 
<< Back             Poser >>
Commissioner-General calls for stronger tax cooperation to boost regional revenue mobilisation
Business
Anthony Kwasi Sarpong – Commissioner-General of the Ghana Revenue Authority.
Mr Anthony Kwasi Sarpong, the Commissioner-General of the Ghana Revenue Authority (GRA), has called for stronger cooperation among African tax administrations to enhance domestic revenue mobilisation and support sustainable development.
He said governments across the sub-region were facing growing public financing needs and debt vulnerabilities amid increasing demands for infrastructure, social investment, climate adaptation and digital transformation.
Mr Sarpong made the call at the opening of the 8th High-Level Policy Dialogue and 23rd General Assembly of the West African Tax Administration Forum (WATAF) in Accra.
The meeting, co-hosted by the GRA and WATAF, was on the theme: “Building Stronger Tax Administrations for Revenue Mobilisation and Sustainable Development.”
Mr Sarpong said African countries needed to mobilise domestic resources fairly, efficiently and sustainably to address their development financing challenges.
He said West Africa recorded real Gross Domestic Product growth of 4.8 per cent in 2025, with growth projected at 4.6 per cent in 2026, but the region continued to face a significant development financing gap.
He urged tax administrations to broaden the tax base, formalise activities in the informal economy, improve the management of natural resource revenues and strengthen information exchange among jurisdictions.
Mr Sarpong said effective tax systems were central to state capacity and the social contract between citizens and governments, adding that fair and trusted tax administration could promote development and enhance business confidence.
He called for greater deployment of technology, including e-filing, e-payment, digital invoicing, data analytics and artificial intelligence, to improve compliance, detect tax evasion and broaden the tax base.
The Commissioner-General also urged tax administrations to build strong institutions anchored in professionalism, meritocracy, integrity, accountability and transparency.
He said stronger collaboration, technological innovation and robust institutions were critical to improving revenue mobilisation across the region.
Source: GNA
Ghana Business News
Oil theft decline boosts Nigeria’s crude production
Nigeria’s crude production has risen to its OPEC quota for the fourth straight month, boosted by a sharp decline in oil theft due to improved security. Read More: https://punchng.com/oil-theft-decline-boosts-nigerias-crude-production/
Dangote Refinery reduces fuel price as crude oil price falls
Dangote Refinery has reduced its Premium Motor Spirit, PMS, gantry price as crude oil prices fell further on Monday. A market survey by DAILY POST showed that the 700,000-barrel-per-day refinery adjusted its fuel price to N1,325 per litre from N1,350. This means that the mega refinery cut its fuel price by N25 per litre in […] Dangote Refinery reduces fuel price as crude oil price falls
GCR upgrades Fidelity Bank rating on stronger capital position
GCR Ratings has upgraded Fidelity Bank Plc’s national scale long term issuer rating to A Plus (NG), from A (NG), while affirming its short term issuer rating at A1 (NG). The outlook remains stable. The upgrade reflects Fidelity Bank’s significantly strengthened capital position following the addition of NGN227.0 billion to its total core capital. GCR […] GCR upgrades Fidelity Bank rating on stronger capital position
Commissioner-General calls for stronger tax cooperation to boost regional revenue mobilisation
Mr Anthony Kwasi Sarpong, the Commissioner-General of the Ghana Revenue Authority (GRA), has called for stronger cooperation among African tax administrations to enhance domestic revenue mobilisation and support sustainable development.
Gold Fields presents vehicles, motorcycles worth GH¢1.54m to four institutions in Western Region
Four state institutions in the Tarkwa Nsuaem and Prestea Huni-Valley municipalities of the Western Region have received two Toyota Hilux pickups and nine motorcycles from the Gold Fields Ghana Foundation (GFGF) to enhance their operations.
Ghana moves to build trusted digital assets ecosystem through regulation
Ghana is positioning itself to become a leading hub for responsible digital asset innovation in Africa through a regulatory framework designed to promote trust, protect consumers and stimulate economic growth.