The Chief Executive Officer of SADA, Mr. Charles Abugre who disclosed this on the Citi Breakfast Show on Monday explained that the amount is modest looking at the inputs involved adding that the project which will be launched in April 2017 will help double the revenue generated by the assemblies in question.

The novel Property Tax Collection System will be used by the Tamale, Buipe and Sangnerigu assemblie to mobilise levies and other fees from landed property owners in the area.

According Mr. Abugre, SADA will invest about $500,000 into the project while the three assemblies will provide the rest of the funding.

“Our cost is in the technical expertise for developing the project and secondly in the course of collecting the data which is the drone flights and satellite imagery among others. I think all of that on our side will cost about half a million dollars. It is really quite cheap. When it is all finished, when you add up all the district assemblies and all their inputs and time to get it up and running in the way it is in the specification, it will be not more than a million dollars. This is a really cheap investment. If you find out how much it cost to even do the collection of the data under LAP 1 that the World Bank and other paid for, you will find that this is a very modest investment,” he clarified.

The property tax system developed by SADA in collaboration with other institutions is said to be the outcome of a database collection process that began in 2017 and resulted in the registration of all landed properties in the jurisdictions of the three assemblies.

Mr. Abugre further observed that the project if replicated in areas will help district assemblies attain financial independence.

“If you do this in Takoradi, Accra, and in the main towns, you will realize that these districts do not need to be part of the district assemblies’ common fund, they have enough funds they are not collecting, and they should collect it,” the SADA CEO added.

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By: Godwin Akweiteh Allotey/citifmonline.com/Ghana
Follow @AlloteyGodwin

The post SADA’s property addressing system to cost about $1 million – CEO appeared first on Citi 97.3 FM - Relevant Radio. Always.

The PAS is another indication of the Akufo-Addo government’s determination to formalise Ghana’s economy and facilitate accelerated national development.

Vice President, Dr Mahamudu Bawumia, announced plans for the meeting while speaking at a conference on Good Corporate Governance in Accra on Tuesday, January 31, 2017.

It was under the theme “Accelerating Ghana’s Development through Transparency & Integrity.”

While emphasising the importance of a National Identification system in the growth strategy of any nation, Dr Bawumia underscored the NPP government’s objective of integrating the various sectors of the economy to promote transparency and good governance through a proper addressing system.

“In addition to unique identification for individuals, we need unique identification for properties.  It is very important for transparency and good governance that Ghana puts together a Property Addressing System, a postcode system, totally GPS-based digital addressing system,” Dr Bawumia stated.

He continued: “Every property, thanks to Google maps and others, has a unique GPS code. That we know. But we have so many different bodies and institutions – Lands Commission, Survey Department, Minerals Commission, Forestry Commission – everybody has their own maps. So we’re going to bring everybody together, sit down and forge this property addressing system once and for all.

“Starting from next week we’ll have our first stakeholder meeting on this property addressing system, and it will help us as a country, if we work in tandem with the national ID system, to really formalise our economy.”

Among other benefits, a formalised economy will prevent people from escaping the payment of taxes and levies required for national development, Dr Bawumia stated.

“The Good Corporate Governance Initiative was organised by the Action Chapel International in collaboration with KRIF Ghana and the US Embassy. H.E. Robert Jackson, Ambassador of USA to Ghana, was also present.”

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By: citifmonline.com/Ghana

The post Ghana to have Property Addressing System – Bawumia appeared first on Citi 97.3 FM - Relevant Radio. Always.