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Automated tax collection processes imminent – GRA

Plans are far advanced to enable the Ghana Revenue Authority (GRA) to begin utilizing fully automated systems to improve the efficiency of domestic revenue mobilization collection. The measures include an electronic filing and payment system, introduction of Fiscal Electronic Devices (FEDs) and a software revenue collection application. These measures are …

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We are paying our customers promptly – CBG assures customers

Consolidated Bank Ghana (CBG) has assured the financial markets that customers and investors, individual and institutional, are being paid promptly when their deposits and investments mature. Daniel Addo, Managing Director of the bank, told the B&FT in an interview that the task the bank took on was huge; but management …

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15 BoG staff hot over collapsed banks

At least 15 staff of the Bank of Ghana are before a Disciplinary Committee over misconduct leading to the collapse of over seven banks in Ghana. The newly formed Ethics and Investigative Office of the Central Bank referred the 15 officials to the committee after investigating their alleged role in …

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Deutsche Bank closes 3 Ghana funding deals worth €162m

Deutsche Bank has closed three transactions worth a combined 162 million euros with Ghana’s Ministry of Finance to fund projects in the West African nation, the lender said in an emailed statement. Since 2012, Deutsche Bank has arranged more than 1.3 billion euros of financing related to infrastructure development in …

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