THE EFFECT OF MOBILE MONEY TRANSACTIONS ON RURAL BANKS: A CASE OF GA RURAL BANK, AMASAMAN IN THE GA WEST MUNICIPALITY

ABSTRACT 

The study  is  on  the  topic  “Evaluation  of Revenue  mobilization strategies of metropolitan, municipal and district Assemblies in Ghana. The case of Accra Metropolitan Assembly”. The study set out to discover other revenue sources that are not being explored by the Assembly, what strategies are adopted for revenue collection and accounting standards. Finally, the study considered the contribution of  internally  generated fund. The  sample  was  made  up of Core Management  staff  of  the  District  Planning  Committee,  Permanent  Revenue collectors,  Commission  collectors,  Staff  of  Urban  Town  and  Area  Councils and Assembly members. One Hundred of these consisting of 63 males and 37 females  were  selected  using  probability  and  non-probability  sampling techniques. The results indicated that there are other revenue sources that are not being explored by the Assembly. It also revealed that though the IGF of the Assembly is contributing to the development of the Municipality, it is not enough  to  significantly  fund  projects.  Consequently,  Government  funding  is extremely important. To increase  revenue  mobilization of the Assembly, the study discovered  that there  should  be  continuous education of the  taxpaying public, prosecution of defaulters and training for Revenue collectors.