The Ghana Revenue Authority (GRA) has officially launched the Modified Tax System (MTS) and Sustainable Tax Education Program at the Mövenpick Ambassador Hotel in Accra.

The initiative marks a major milestone in Ghana’s efforts to promote voluntary tax compliance, enhance domestic revenue mobilisation, and expand financial inclusion within the informal sector.

Under the auspices of the Ministry of Finance and with support from the African Development Bank (AfDB), the Eban Capital Ltd–MASLOC Digital Transformation Project is integrating the MTS into MASLOC’s digital lending and savings platforms.

This initiative will enable traders, artisans, and micro and small enterprises, particularly members of the Association of Small-Scale Industries (ASSI) and other trade groups, to register, file taxes, and access credit digitally through a seamless and secure system.

The technology backbone for this initiative is being provided by Eban Capital Ltd, a leading Ghanaian digital financial technology and advisory company, working in close collaboration with MASLOC and GRA.

The system will ensure that informal sector participants can build verifiable tax and credit records that improve their eligibility for digital loans and financial products from MASLOC and partner financial institutions integrated into the platform.

The pilot phase of the MTS-MASLOC integration is scheduled to commence in December 2025, ahead of a nationwide rollout in 2026.

Speaking at the launch, representatives from the Ministry of Finance, GRA, MASLOC, and Eban Capital emphasized that this collaboration demonstrates government’s commitment to leveraging digital innovation for inclusive economic growth, while empowering MSMEs, the backbone of Ghana’s economy, to transition into the formal financial ecosystem.

This initiative aligns with Ghana’s broader digital transformation agenda and AfDB’s strategy to support sustainable revenue mobilization and access to finance for small enterprises across Africa.