Star Oil, a prominent player in Ghana's oil marketing sector, has made significant contributions to the country's treasury. The firm paid GH¢2.7 billion in taxes and levies over the nine months from January to September 2026. This substantial payment reflects the company's commitment to fulfilling its tax obligations and supporting the nation's economic growth. According to the firm's year-to-date performance report, these payments covered several levies and taxes.
The taxes and levies paid by Star Oil included corporate income tax, withholding tax, Pay as You Earn (PAYE), and the Growth and Sustainability Levy. These payments demonstrate the company's dedication to meeting its fiscal responsibilities. In addition to its tax payments, Star Oil has maintained a significant presence in the Ghanaian market. The firm's performance report highlighted that it sold 792 million litres of petroleum products during the same period.
Star Oil's market share stood at 15.78% as of September 2026, solidifying its position as a major player in the industry. The company's extensive network of pump stations, totalling 280 across Ghana, has contributed to its substantial market share. This widespread presence enables Star Oil to serve a large customer base and maintain its competitive edge in the market.
The company's workforce has also played a crucial role in its success. As of September 2026, Star Oil employed 3,106 people across the country. This significant workforce not only supports the company's operations but also contributes to Ghana's economic development through employment opportunities. The company's commitment to its employees and the local community is reflected in its hiring practices.
Star Oil's performance report highlights the company's achievements in various areas, including sales, market share, and workforce development. The report demonstrates the company's ability to maintain a strong presence in the market while fulfilling its tax obligations. This balanced approach has contributed to Star Oil's success and reputation as a responsible business entity.
The oil marketing firm's contributions to the Ghanaian economy extend beyond its tax payments. As a major player in the industry, Star Oil's activities have a ripple effect on the broader economy. The company's operations support the growth of related sectors, such as transportation and manufacturing, and contribute to the overall economic development of the country.
The payment of GH¢2.7 billion in taxes and levies by Star Oil underscores the company's commitment to supporting Ghana's economic growth. The firm's contributions to the nation's treasury reflect its dedication to fulfilling its fiscal responsibilities and supporting the country's development agenda. As a leading player in the oil marketing sector, Star Oil's performance has significant implications for the Ghanaian economy.
Key points
- Star Oil paid GH¢2.7 billion in taxes and levies from January to September 2026.
- The company sold 792 million litres of petroleum products and had a market share of 15.78% as of September 2026.
- Star Oil employed 3,106 people across Ghana as of September 2026.
