• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, May 17, 2022
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
No Result
View All Result
The Vaultz News
No Result
View All Result

Much Hasn’t Been Done To Confront Housing Issues- Sammy Amegayibor

March 4, 2022
Priscilla KorantengbyPriscilla Koranteng
in General News
0
Much Hasn’t Been Done To Confront Housing Issues- Sammy Amegayibor

Executive Secretary of the Ghana Real Estate Developers Association (GREDA), Sammy Amegayibor

The Executive Secretary of the Ghana Real Estate Developers Association (GREDA), Sammy Amegayibor, has intimated that much has not been done to confront housing issues in the country.

According to Mr. Amegayibor, the issues have been raised in the past by GREDA in series of meetings with government, yet no action has been taken.

The Executive Secretary noted that GREDA had met Presidents in the past, and have brought some of these issues up including a mortgage review, affordable housing and also talked about how they can deal with land guard menace.

RelatedPosts

NPP Says It’s Early For Presidential Candidate Suggestion

We Have Our Education In Crisis- Kwame Dagbandow

There Are Challenges With Enforcing Ban On Noise Making- Gilbert Ankrah

Sammy Amegayibor welcomed the concerns raised by President Nana Addo Dankwa Akufo-Addo regarding the high cost of houses in Ghana but stated that the concerns are genuine however, “these matters are not new”.

“I think it is a good call. This is not the first time. The issues of housing have been discussed at several fora but unfortunately we haven’t done much to confront the issues.”

Sammy Amegayibor

The GREDA Executive Secretary stated that if the President is raising these issues, it gives the opportunity for further discussions. He noted that the President brought a number of issues up and assented were all valid except to say that the collaboration to confront the problem is not working out as it’s supposed to be.

“So for example, cheaper materials, if we don’t build the enabling environment for local production of some of our inputs, it will call for importation and that is one of the areas where we are suffering.”

Sammy Amegayibor
ESTATE
Exchange rate eating country up

According to Sammy Amegayibor, the issue of the exchange rate is eating the country up so badly that if it wants to continue to depend on foreign importation which is currently around 70 percent as against 30 percent of what Ghana can find, it tells that this is not feasible.

The GREDA Executive Secretary urged for the creation of an enabling environment for local productions to be able to produce the needed resources.

“We have some local materials around but the way and our attitude towards local materials is not good enough. So we need to position ourselves or re-orient ourselves and begin to appreciate what we have locally.”

Sammy Amegayibor

The GREDA Executive Secretary averred that there is the need to have that platform with the full commitment of government then the private sector will also come in.

Constitution guarantees freedom of worship- Akufo-Addo
President Nana Addo Dankwa Akufo-Addo
Build strong and cheaper houses

President Nana Addo Dankwa Akufo-Addo, has urged members of the Ghana Chamber of Construction Industry to find innovative ways to ensure the country builds cheaper houses for the citizenry. He added that housing in Ghana has become largely a monopoly of the rich.

Speaking at a meeting with members of the Ghana Chamber of Construction, President Akufo-Addo stated that there is the need for partnership between government and the private sector to tackle the housing deficit in Ghana

“I hear in Ghana, some small three-bedroom house in East Legon costs between $354,000 and $500,000. You get mansions for that in many parts of America. With between a $100,000 and $200,000 you get a very well appointed home because the materials that are used for construction in the UK are local, and are very cheap. We need to find ways of building strong and cheap houses in the country.”

President Akufo-Addo

Read Also: Ghana Mining Fund on a Campaign to Invest $60 Million Over 2022

Tags: GhCCIGovernmentGREDAHousing

Send your news stories to [email protected] and via WhatsApp on +233543050759.

Related Posts

NPP to release flagbearer aspirant guidelines soon- John Boadu
General News

NPP Says It’s Early For Presidential Candidate Suggestion

May 17, 2022
General Secretary for Ghana Association of Private Schools (GNAPS), Justice King Essie, has revealed that the Ghana Education Service (GES), can no longer become the body in charge of school placement in the country.
General News

We Have Our Education In Crisis- Kwame Dagbandow

May 17, 2022
There Are Challenges With Enforcing Ban On Noise Making- Gilbert Ankrah
General News

There Are Challenges With Enforcing Ban On Noise Making- Gilbert Ankrah

May 16, 2022
Nkoranza Shooting: Albert Was Targeted- Nkoranza MP
General News

Nkoranza Shooting: Albert Was Targeted- Nkoranza MP

May 16, 2022
We’ll Not Continue To Be Immune To Terrorist Attacks- Security Analyst
General News

Security Threats Must Be Dealt With- Citizens Urge Authorities

May 16, 2022
COPEC Calls On Government To Desist From Introducing New Taxes On Petroleum In 2021
General News

Fuel Shortage To Hit The Country- COPEC

May 16, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post

We are not Given Free Food And Fuel Every Day- Dafeamekpor

Next Post

Timaya Denies Alleged Arrest

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.
Mariupol: Hundreds of Trapped Ukrainian Soldiers Evacuated
Europe

Mariupol: Hundreds of Trapped Ukrainian Soldiers Evacuated

by Edem NyonatorMay 17, 2022
mine
Extractives/Energy

Orca Gold Shareholders “Overwhelmingly” Approve Acquisition by Perseus

by Stephen AbankwahMay 17, 2022
NPP to release flagbearer aspirant guidelines soon- John Boadu
General News

NPP Says It’s Early For Presidential Candidate Suggestion

by Priscilla KorantengMay 17, 2022
Formulate Policies on Aging By Leveraging Available Data- Head of Demographics Statistics
Pension

Formulate Policies on Aging By Leveraging Available Data- Head of Demographics Statistics

by Stephen M.CMay 17, 2022
Passenger Who Landed Plane Without Experience Shares His Story As His Identity Is Revealed
Entertainment

Passenger Who Landed Plane Without Experience Shares His Story As His Identity Is Revealed

by Dorcas DamehMay 17, 2022
Ghana Named Among 3 African Countries Likely To Hike Policy Rate This Month
Economy

Ghana Among 3 African Countries Likely To Hike Policy Rate In May

by Stephen KotochieMay 17, 2022
Mariupol: Hundreds of Trapped Ukrainian Soldiers Evacuated
mine
NPP to release flagbearer aspirant guidelines soon- John Boadu
Formulate Policies on Aging By Leveraging Available Data- Head of Demographics Statistics
Passenger Who Landed Plane Without Experience Shares His Story As His Identity Is Revealed
Ghana Named Among 3 African Countries Likely To Hike Policy Rate This Month
Snow
FIND OUT MORE

The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D

Copyright © 2021 The Vaultz News. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In