Asante-Akim assembly privatizes its revenue collection

The Asante-Akim South District Assembly as part of measures to improve its revenue collection performance has invited private participation.

The Assembly, which has over the years missed almost every revenue target it had set, has contracted Heinz Integrated Limited, an Accra-based private firm, to undertake revenue collection on its behalf.

Under the four-year deal the Assembly would receive 68 per cent of total money collected.

The agreement is subject to renewal every year, based on performance and efficiency.

Again, all existing revenue collectors on commission are to be absolved by the company alongside the recruitment of more local people.

The agreement was approved by the Assembly at a marathon emergency meeting held at Juaso.

Mr. De-graft Forkuo, District Chief Executive (DCE), said he was hopeful that there was going to be significant improvement in the Assembly’s internally generated funds (IGF).

Through that they would be able to undertake more development programmes to transform the lives of the people.

He said the expectation is that, the company would deliver and warned of the termination of the contract, should it fail to perform.

The DCE applauded the Assembly members for the bold decision.

Mr. Ignatius Amoah, Managing Director of the Company, said a feasibility study conducted by his company showed that the prospects were good and said the agreement would be a “win-win” for both parties.