Sierra Leone revenue authority touts Kasapreko achievements as motivation

A high-powered delegation from the Sierra Leone National Revenue Authority (SLNRA) on Thursday February 11, 2016 visited Ghanaian beverage maker Kasapreko Company Limited in Accra.

The visit to Kasapreko was to enable the officials gain a deeper understanding of the success story of the company established over two decades ago.

The officials, who are on a week-long working visit to Ghana, were led by Sulaiman Kabba Koroma (Esq), Board Chairman of Sierra Leone National Revenue Authority and were received by Kasapreko’s Founder Dr Kwabena Adjei and the company’s Senior Management Team.

Mr Koroma lauded Kasapreko especially the Founder for putting his ideas into reality to build such a state of the art company that is generating more revenue for the Ghanaian economy.

“We are highly impressed because this is a local company in Ghana whose operations are bringing in huge revenue for the Ghanaian government. It is an idea that we will take back home to tell our own entrepreneurs to develop this kind of ideas and have a local company as this nature financed solely by local people so that our country can develop,” Mr Sulaiman Koroma told reporters in an interview.

Sulaiman Koroma Board Chair of SLNRA
According to him, it is good for governments to develop “their local people to build this kind of thing which are paying huge revenue to the country”.

Mr Koroma hoped that one day Kasapreko will enter the Sierra Leonean market by building such a facility to serve as a motivation to young entrepreneurs in that country.

Speaking on behalf of the company the Director of Finance at Kasapreko, Mr Emmanuel Teiko thanked the Ghana Revenue Authority (GRA) for recommending Kasapreko to the Governing Board of the SLNRA to visit to help tell the success story of Kasapreko.

“We believe that what they have seen here, they will go back home to tell the good story. We have the state of the art machines that can produce large quantities of authentic products that can supply the whole West African sub-region of which Sierra Leone is part,” Mr Teiko noted.

He said Kasapreko is a tax-compliant company and does not encourage or advise any company to invade tax because government collect taxes to provide social amenities for Ghanaians. He advised fellow manufacturers to be tax compliant as well.

The delegation were taking around the newly installed $70 million factory plants which was commissioned by President John Mahama in December last year.

Kasapreko manufactures over 21 products cutting across alcoholic and non-alcoholic categories of drinks.