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Business News of Monday, 27 July 2015

Source: GNA

KIA CEPS exceeds revenue target

Kotoka International Airport Kotoka International Airport

The Kotoka International Airport (KIA) branch of the Customs Division of the Ghana Revenue Authority exceeded its revenue target for the first two-quarters of this year.

In an interview with the Ghana News Agency, Mr. Thomas Adochim, the Public Relations Officer (PRO) of the collection agency, said for the first-quarter of the year, the revenue target was GH¢ 94,830,000.

He said the actual revenue raised was, however, GH¢ 102,655,696, making a difference of GH¢ 7,825,696, which represented 8 percent in excess.

Mr. Adochim said for the second-quarter, the revenue target was GH¢ 105,460,000, and the actual revenue gained was GH¢ 116,542,299.

He said this also exceeded the revenue target by GH¢ 11,082,299, which meant the Collection had exceeded its revenue target by 11 percent.

Mr. Adochim said the good performance was as a result of some measures that had been put in place by Mr. Desmond Abbey, KIA Collection Commander, to enhance revenue collection.

“Officers are being motivated through pep talks while a task force has also been set up to boost revenue collection, among other measures,” said the PRO.

Mr. Adochim said KIA was very likely to excel in its revenue collection for the third sector of the year, “looking at the present level of performance”.