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18.05.2009 Business & Finance

Collection of property rate is low – Consultant

By GNA
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Accra, May 18, GNA - Mr Yaw Owusu, Managing Director of Daylight

consultancy Services (DCS), a debt-collection company, has expressed

concern about the low pace at which property rate was being collected in the

country.
He asked the municipal, metropolitan, and district assemblies to initiate

proper rate collection mechanism in order to generate enough revenue for

development.
Mr. Owusu in an interview with GNA in Accra, advised the assemblies to

engage the services of private institutions in the collection rates on commission

basis.
He said the collection of property rate was low due to the lackadaisical

attitude of the collectors and their failure to educate property owners about

their civic responsibility to pay taxes.
Mr. Owusu has asked government to engage the services of private groups

in the valuation of landed property to bring sanity into the system.

GNA

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