The Ghanaian government is set to launch a district-level housing initiative aimed at tackling the country’s significant housing deficit. The program, which was announced by Minister for Works and Housing, Kojo Oppong Nkrumah, during the Busia Institute Lecture at Takoradi Technical University on July 31, 2024, seeks to address Ghana's 1.8 million housing gap by decentralizing housing development across...
ACCRA, Ghana - The government has received a call to provide robust support to the real estate industry to facilitate the construction of affordable houses for Ghanaians. John William Adel, President of real estate firm Kasa Bazaar, emphasized the importance of government intervention to bolster the real estate sector. Speaking at the launch of Kasa Bazaar in Accra, Adel urged the government to...
Benjamin Kofi Quashie, the Group Chairman of Allied Consortiums, has asserted that the private sector can play a crucial role in addressing Ghana's housing deficit. Mr Quashie proposed incorporating the Southern African mortgage and rental system, citing South Africa's robust real estate business as an example. In an interview with Joy News, Mr Quashie emphasized the effectiveness of South Africa's...
On Friday, February 3, 2023, the Finance Ministry released the Second Amended and Restated Exchange Memorandum offering to issue new bonds for institutional and individual bondholders invested in Government of Ghana (GoG), ESLA Plc and Daakye Trust Plc bonds to the tune of GH¢130 billion. The debt exchange programme comes in the wake of challenging economic conditions in 2022 which, according to the...
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