SML's Impact On Ghana's Revenue Mobilization

It is in this same spirit that Strategic Mobilization Limited (SML), a private firm has partnered with GRA to help optimize revenue mobilization in the critical downstream petroleum sector.

Through, deployment of revolutionary technologies and Al data-driven solutions, SML's engagement with GRA can be seen as harnessing the miracles offered by PPPs in revenue mobilization space at marginal cost to Government without compromising on ensuring efficiency, transparency, and higher realized tax revenue for Ghana.‘We audit not to only find faults, but to guarantee accuracy and integrity of financial information”The Downstream Petroleum Audit: A Watershed MomentBefore SML's intervention, management of downstream petroleum operations data was mainly a manual fragmented painstaking process, plagued with inefficiencies and vulnerabilities due to limitations of man.

Reliance on stand-alone systems made it difficult to maintain and leverage data effectively, hampering GRA's ability to accurately regulate, monitor, assess and tax petroleum products in both downstream and upstream petroleum sectors.“Digital transformation is not.

This substantial revenue boost represents a significant win for Ghana.Moreover, KPMG's assessment highlighted the qualitative benefits of SML's intervention, including 24/7 electronic real-time monitoring of petroleum product outflows and partial monitoring of inflows at depots equipped with SML's flowmeters.

By replacing manual, error-prone processes with advanced digital solutions, the EMMS has revolutionized the way petroleum product supplies are measured, monitored, and reported.“Our ability to collect, analyze, triangulate and visualize vast amounts of data in real time is something that sets us apart in helping mobilize revenue in amazing ways in significant size never before – Data speaks for us"Real-time data streams provide unprecedented visibility into petroleum product flows, enabling precise tracking and thus taxing of such flows.

This burgeoning global interest serves as a powerful endorsement of SML's innovative methodology and its capacity to drive positive change in revenue mobilization and resource management.As more countries explore replicating SML's template, Ghana's visionary embrace of public-private partnerships positions it as a torchbearer, illuminating a path towards sustainable economic development through synergistic collaborations that harness the entrepreneurial spirit.SML’s Saga: A Catalyst for Broader Sector Reforms“Success is surely the sum of unseen hard work, perseverance, learning, studying, sacrifice and most of all, love of what one does”While SML's immediate impact has been felt in the downstream petroleum sector, the ripple effects of this pioneering PPP extend far beyond.

By demonstrating the tangible benefits of leveraging private sector expertise and technology, SML's engagement is a powerful catalyst for broader sectoral reform and the adoption of PPPs across Ghana's revenue mobilization landscape.“SML does not wait for opportunity, SML simply creates opportunities” Based on the KMPG’s report, the government's recognition of SML's success in the downstream petroleum sector has prompted a comprehensive assessment of potential revenue leakages in the upstream petroleum and minerals sectors.Informed by this experience, the President has directed a comprehensive technical needs assessment, value-for-money analysis, and stakeholder engagements to explore the implementation of similar PPP models in these critical industries.This proactive approach underscores the government's commitment to maximizing revenue streams and optimizing resource allocation through innovative partnerships.