Guinea Gives Over 60 Companies Deadline to Pay Dividends or Face Sanctions

President Mamadi Doumbouya has ordered more than 60 public, private and mixed companies in Guinea to pay their 2025 dividends by June 30, 2026, warning of strict sanctions for non-compliance.

According to the presidency, private firms risk losing their operating licenses, while managers of public companies could face immediate dismissal and legal action.

An inter-ministerial task force—including the Ministry of Economy and Finance, the Ministry of Mines, and SOGUIPAMI—has been set up to enforce the directive, which targets major mining and state-linked firms.

The move, government officials say, aims to boost domestic revenue mobilization and ensure stronger contributions from companies to the national budget.

 

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