Business

Patrick Ebo Bonful — President, Ghana Real Estate Developers Association

Scrap 5% VAT on real estate – GREDA urges government

The Ghana Real Estate Developers Association (GREDA) has called on the government to remove the 5% Value Added Tax (VAT) charged on estate development to grow the industry. That, the association said, would make it easier for developers and buyers to enjoy the confidence of home ownership. The President of GREDA, Patrick Ebo Bonful, said that coupled with the current economic challenges, the five per...

Understanding the Economic and Historical Impact of Cement Price Fluctuations

Understanding the Economic and Historical Impact of Cement Price Fluctuations

I wouldn’t call this an opinion piece since it excludes my personal opinions. Also, the story is still unfolding. I am just writing about the events so far and presenting facts to help my audience create their unique perspective. Suppose this Legislative Instrument on cement pricing in Ghana comes to fruition. In that case, it will set an important precedent for many others that could follow within many...

Curtains in Ghana A rising industry of creativity and innovation

Curtains in Ghana: A rising industry of creativity and innovation

Choosing the right curtain designs to furnish indoor spaces is often a challenge for homeowners in Ghana. The curtain business is one of the most booming industries, yet it is among the least recognized in the country in recent times. The sector requires high creativity and innovativeness to attract more customers. Due to the cost involved in the furnishing of places, some individuals refuse to...

Saglemi Housing Project enters new phase with developer site inspections

Saglemi Housing Project enters new phase with developer site inspections

Seven potential developers have embarked on a comprehensive inspection of the Seglemi Housing Project. This crucial step comes on the heels of the Ministry of Works and Housing's announcement of an open call for proposals last month, aiming to solicit private sector involvement in the completion of the long-stalled project. Since the announcement, the Ministry has witnessed an influx of interest...

Exclusive Interview Osman Karatas, chairman of Yagmur Group, on Grand Mirage project

Exclusive Interview: Osman Karatas, chairman of Yagmur Group, on Grand Mirage project

In this exclusive interview with Osman Karatas, the Chairman of Yagmur Group, developers of iconic Mirage Residence, discover the vision and essence behind the esteemed Grand Mirage project that is currently being developed just one kilometre away from the Kotoka International Airport (KIA), set to redefine upscale living in Accra. From its strategic location to its unparalleled amenities and...

Devtraco Group celebrates sales triumph with exclusive trip to Mombasa

Devtraco Group celebrates sales triumph with exclusive trip to Mombasa

The executive director of the Devtraco Group, Joseph Aidoo Jr., surprised the Sales and Marketing team of the company with an all-expense paid trip to Mombasa, Kenya from April 2-7, 2024. The trip was to reward the team for the remarkable achievement of selling out 80% of the company’s heralded new development, The Address. The team was treated to the attractions and splendid cuisine of one of...

UPSA Pro Vice Chancellor advocates Fintech investment for African development

The Pro Vice Chancellor of UPSA, Prof. Mensah Mawutor, has urged African leaders to invest in fintech to drive rapid transformation and growth on the continent. According to him, a deliberate investment in fintech would foster collaboration among diverse sectors of Africa's economy, leading to an increase in job creation. Speaking at the end of the three-day Africa Real Estate Conference and Expo...

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