The Ghana Community
Network Services Limited (GC-Net) has presented a cheque for GH¢20 million as
dividend to government.
The amount represents the 2nd part payment for 2018 and first part payment for
2019 of government’s 20 per cent shareholding in GCNet, which is held by the
Ghana Revenue Authority.
GCNet provides e-Solutions to Government, by offering electronic platforms for
Revenue Mobilization and Trade Facilitation, easing trade processes with system
availability nationwide.
Presenting the cheque on behalf of GCNet, Deputy General Manager, Emmanuel
Darko said the presentation of the dividend is a manifestation of GCNet’s
commitment to support government revenue mobilisation efforts.
He said the company had deployed its TRIPS system at 69 Domestic Tax Revenue
Division, which had significantly helped in the achievement of revenue targets.
He said even though trade volumes have reduced at the ports which has affected
revenue targets, GCNet, is ever ready to deploy new applications that would
help address the challenges to enhance revenue mobilization.
“We are setting measures that are to be put in place, among which is the
placement of people who are tax payers who are registered, but yet to be
assigned to specific tax offices, and make sure they do the proper filing for
all their tax payments,” he disclosed.
Receiving the cheque, the Minister for Finance, Ken Ofori-Atta, said GCNet
plays an integral role in trade facilitation and revenue mobilisation at the
ports of Ghana.
He said Ghana lagged behind peers in terms of revenue to Gross Domestic
Product, which currently stands at 12.6 per cent while most countries are doing
about 19 per cent.
He expressed optimism that GCNet, with the deployment of technology will bridge
gap.
“We still got a long way to go. Revenue to GDP is about 12.6%, and we need to
move to 19%, so the intervention of service providers, GCNet is going to be
very crucial,” he said.
Eye on Port
