President Mahama Calls for Tax Compliance and Succession Planning in Ghanaian Businesses

Economics

Ghana

At the 2026 Kwahu Business Forum, President John Dramani Mahama urged Ghanaian business leaders to prioritize tax compliance and implement structured succession planning to ensure long-term economic sustainability.

Key points

  • President Mahama encouraged large business operators to personally present tax payments to the Ghana Revenue Authority to demonstrate corporate responsibility.
  • The President highlighted that a lack of succession planning often leads to the collapse of family-owned businesses after the founder's death.
  • Mahama also advocated for increased investment in start-ups and the exploration of mergers to strengthen the domestic business landscape.

Why it matters

The President's remarks address structural weaknesses in the Ghanaian private sector, aiming to improve fiscal transparency and business longevity to drive national economic growth.

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