GCNet pays GH¢17m dividend to Government 

The Ghana Community Network Services Limited, GCNet, has presented a cheque for seventeen million Ghana cedis as dividend to Government. 

The amount represents the final part payment of dividend for 2016 after an earlier payment of ten million Ghana cedis in the second half of last year.

This brings the total dividend paid to Government to twenty seven million Ghana cedis.
 
Presenting the cheque on behalf of GCNet, Executive Chairman, Dr. Nortey Omaboe noted that the Government of Ghana has about twenty percent stake in GCNet and has received dividends and corporate taxes over the years.
 
He further explained that in 2015 Government received over thirty million Ghana cedis in corporate taxes from GCNet which demonstrates the company’s commitment to live by its core tenets anchored on integrity, innovation, professionalism and service delivery.

Dr. Omaboe explained that ‘as the pioneer Single Window operator in the country from 2002, GCNet provides e-Solutions to Government, by offering electronic platforms for Revenue Mobilization and Trade Facilitation, easing trade processes with system availability nationwide. 

Receiving the cheque on behalf of Government, the Minister of Finance, Ken Ofori – Atta commended the Board of Directors and Senior Management of GCNet for the gesture. 

He observed that the payment of dividend by GCNet was timely, given the revenue gap that needed to be bridged in order to deliver on the many development projects the Akufo-Addo administration has promised. 

Mr. Ofori-Atta pledged Government’s support to GCNet to remain as the model Private Public Partnership that has continuously shown leadership in innovation and service delivery.  

GBC