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ECONOMY

Road Network

The municipality’s total road network of 80.73km is made up of 36.16km (44.79%) paved roads and 44.84km (55.17%) unpaved roads. The unpaved roads are categorized into earth and gravel roads. Earth roads are 43.34km representing 96.65% of unpaved roads whilst gravel roads are 1.5km representing 3.35%.

Manufacturing

The sector is the second largest (13.6%) employer in the Municipality. It involves food processing, leather and craft works, fashion design, and furniture works.

Wholesale

This sector employs 38.4% of the working population in the Municipality. Most of these trading activities are concentrated in Pankrono (artisanal/ craft center) and Suame magazine (auto mechanic repairs and sales of spare parts).

Accommodation and food service

This consists of hotels, guest houses, restaurants and traditional catering services (chop bars). It employs 8% of the working population making it the third largest employer in the Municipality.

Financial and Insurance

Activities Notable financial institutions in the Municipality are Consolidated Bank Ghana, Absa, Ecobank, Advans Ghana, Atwima, Kwamaman and other rural banks.

Transportation

This provides employment to 5.3% of the working population with a significant number of them being in the private road transport subdivision.

Energy

The Assembly is mainly urbanized therefore all the communities within the Municipality are connected to the national grid. The Municipality has about four thousand, three hundred and three (4,303) street lights.

Market Centres Moro market is located in the Old Tafo municipality which main business is selling of Yam, cereals, second hand clothing & footwear. The petty retail & wholesale (SME) of other goods and services abound as the main traditional occupation of Tafoman and particularly along the Tafo Mamponteng stretch.

The municipality is equally endowed with heavy and light industrial activities in the Tafo Magazine / Garage enclave. The Magazine is known for vehicle servicing, assembling, manufacturing, retail /wholesale of vehicles and its spare parts and the servicing of vehicles.

Commerce and industry are challenged and constrained by poor enterprise development skills, inadequate access to market structures, poor business collaborations/partnerships and inadequate access to appropriate business credit.

Revenue and Expenditure Performance Revenue and Expenditure Performances from the year 2020 – 2022

Revenue Mobilization Strategies

A clear understanding of the dynamics enumerated above has driven the Assembly to come up with strategies that will take advantage of the strengths and opportunities whiles minimizing the drawbacks of the threats and weaknesses to maximize revenue mobilization within the Old Tafo Municipal Assembly.

In view of this, the following strategies would be adopted for implementation;

  • Broad consultation with ratepayers in resolution of fees and rates
  • Engage National Service Personnel in revenue mobilization to assist the Assembly’s revenue collectors and makeup for the shortfall in the number of collectors
  • Develop monitoring mechanism to check revenue collectors
  • Adoption and strengthening the use of technology to promote efficiency and effectiveness and reduce human interface i.e. E-billing, E-reminders and E-payments
  • Establish a Revenue Management Team.
  • Early distribution of bills
  • Strengthen and delegate the collection of selected revenue items to the Substructures
  • The substructure should operate as a matter of urgency
  • Conduct valuation of all properties
  • Sensitization campaigns to update the citizenry of their civic responsibilities
  • Establish pay your levy campaigning team
  • Establish pay points in the Municipality.

 


Date Created : 5/16/2023 12:00:00 AM