Dancehall artiste Shatta Wale has revealed that he has not personally benefited financially from his ride-hailing platform, Shaxi, since its launch, insisting that all revenue generated by the service is being recycled within the company to support its growth.
Speaking during an interview on the Ekosiisen programme on Asempa FM on Wednesday, March 11, the musician discussed the operations of the Shaxi initiative and appealed to the government to support the platform as a national project.
Shaxi, which was launched as a digital ride-hailing service aimed at creating employment opportunities for Ghanaian youth, operates through a mobile application that connects passengers with drivers across parts of Ghana.
During the interview, Shatta Wale disclosed that the management of the platform’s technical operations is handled remotely by a member of his team based in the United States.
“The one who handles the Shaxi is in the US, so he controls it from there,” the artiste explained.
He further stated that since the introduction of the platform’s GH¢20 subscription system, he has not withdrawn any personal profit from the proceeds generated.
“Since I started Shaxi, I have never taken even one cedi out of the 20-cedi subscription,” he said, adding that the funds remain within the company’s accounts.
According to him, this decision was deliberate, as he wants the financial growth of the platform to be transparent and visible over time.
“All the money is in our account because I want people to see the reflection of it,” he said. “I don’t want anybody to think that I have just got money from somewhere.”
The musician explained that his aim is to build the platform into a sustainable business capable of contributing meaningfully to the country’s digital economy. He noted that he would like to eventually present the platform’s financial performance to the government to demonstrate its potential.
“I even want to sit with the President and show him that from year one to five years, the 20 cedis subscription is how much we have made,” he said.
His comments come amid public conversations about taxation and compliance involving businesses run by public figures. Addressing the issue, Shatta Wale said he would be prepared to engage with the Ghana Revenue Authority to clarify the financial structure of the platform if necessary.
“When people were talking about my tax and stuff, I had every right to sit with the Ghana Revenue Authority and show them the money they want from Shaxi,” he said.
However, he emphasised that the venture should not be seen as a personal enterprise alone, stressing that it involves multiple stakeholders and aims to provide economic opportunities for many drivers.
“But it is not a one-man business,” he added.
Shatta Wale also used the interview to appeal directly to the government to support the project and help scale it into a nationally recognised transport platform.
“I am pleading with the government that they should come to my aid and take Shaxi as a national project,” he said.
According to the musician, with the right backing, the platform could become a symbol of Ghanaian technological innovation and entrepreneurship, particularly when compared with international ride-hailing services operating in the country.
He suggested that stronger institutional support could help position the service as a locally developed alternative that visitors to Ghana would recognise and use.
“When foreigners are coming, they should know that we have our own app,” he said.
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Source: www.myjoyonline.com
