Property valuations to hike GCC rates

The Director of Finance and Procurement at the Ministry, Catherine Marakalala, said this yesterday before the signing of a revenue collection solution partnership between the Gaborone City Council (GCC) and First National Bank Botswana (FNBB) at GCC.

Marakalala, speaking on behalf of permanent secretary, Thato Raphaka, said the ministry has just completed the valuation roll for Zone A on the western side of the railway line, while Zone B, in the east is expected to be completed towards the end of the year.  Kwena Properties is doing the valuation. She said the collaboration between GCC and FNBB came at the right time because the sharp increase in property rates will mean more burdens for the council in terms of collecting payments.