The National Lottery Authority (NLA) would receive an unprecedented financial commitment of ¢30 million from the licensing of KGL Technology Limited for the year 2020.
This achievement is breathtaking and unprecedented in the annals of the Authority.
According to the management of NLA, it is remarkable that the Authority and KGL Technology Limited have raised such an amount for the Consolidated Fund even when the coronavirus pandemic is biting economies around the world hard.
The *959# has been doing very well, serving as an additional revenue stream that is augmenting revenue generation capacity of the National Lottery Authority (NLA).
KGL Technology Limited, a wholly owned Ghanaian entity is a newly licensed Online Lotto Marketing company responsible for the running of NLA's official short code *959#.
One of the core business mandate of KGL Technology Limited is to advance the digitalisation of lottery on behalf of the National Lottery Authority in line with government's digitalisation policy.
Government has time and again reiterated its commitment to a robust digital framework that supports digitisation and digitalisation of the economy to benefit every citizen.
The National Lottery Authority (NLA) since 2008 has been trying to digitalised it's operations but to no avail until the coming onboard of KGL Technology Limited.
KGL Technology Limited paid an initial ¢10,000,000 as part of the Licensing requirement. The Company is expected to make payments of ¢10,000,000 for the months of September and December 2020, totalling ¢30,000,000 for the year 2020.
The implementation of the Digital Policy has been very supportive and critical for the continuous survival of the lottery industry especially in this era of the Coronavirus pandemic.
KGL Technology Limited said it would invest hugely into Corporate Social Responsibility (CSR) in line with its mission and vision.
Latest Stories
-
‘In Mahama’s era students lacked chalk, but are now receiving tablets’ – Bawumia
29 seconds -
Project commissioning not a ploy to attract votes – Oppong Nkrumah
2 mins -
CBG records GH¢1bn revenue in Q3
5 mins -
Mahama vows to create an agro-processing zone in Afram Plains
19 mins -
Political parties should plan for losses, not just wins – IGP advises
20 mins -
524 Diasporan Africans granted Ghanaian citizenship in ceremony
22 mins -
Mahama urges Afram Plains North residents to avoid ‘skirt and blouse’ voting
24 mins -
Asantehene receives more 19th century gold ornament and regalia
31 mins -
Hohoe Ghana Blind Union organises training for members ahead of Election 2024
37 mins -
Alan Kyerematen reveals his future plans for Ghanaian Health professionals
38 mins -
AAIN empowers women and small enterprises in Upper East Region through SHINE project
39 mins -
Akufo-Addo leads nationwide commissioning of 80 educational projects
46 mins -
Ghana and Seychelles strengthen bilateral ties with focus on key sectors
1 hour -
National Elections Security Taskforce meets political party heads ahead of December elections
1 hour -
Samsung’s AI-powered innovations honored by Consumer Technology Association
2 hours