Audio By Carbonatix
Real Estate Developers say until a more sustainable tax-holiday regime is established for their sector, government’s bid to provide affordable housing for low income earners would continue to be a mirage.
Operators in the sector until this year, enjoyed a five-year tax-break and this they argue would not only have to be re-instated but also extended to cover at least 30 years for that due impact.
The Ministry of Works and Housing has in this light established a working group working round the clock towards this bid.
President of the Ghana Real Estate Developers Association, GREDA Dr. Alex Tweneboah told Joy Business, it is critical for government to adopt a more sustainable approach to effectively address the country’s huge housing deficit.
Dr. Tweneboah added it is high time government came up with definite action plans of its bid to partner the private sector to deliver affordable houses for especially the low income earners in the country.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Deloitte Partner urges clear, consistent policies to govern mining license renewals, local content
2 minutes -
Xenophobic attacks: Ghana must pursue justice for victims beyond evacuation – Bosome Freho MP
6 minutes -
BOPP positions sustainable agribusiness as investment frontier
9 minutes -
Ga Mantse demands action against chiefs selling lands on waterways
10 minutes -
South African Tourism condemns anti-immigrant attacks, reassures African travellers
12 minutes -
APSU 2002 Year Group announces key leadership appointments for 97th anniversary hosting & BOLT Steering Committee
51 minutes -
Government backs hybrid model for Ghana’s extractive sector, rejects move to shut out foreign investors
54 minutes -
LMWG commends Heath Goldfields on 5-year community development plan for Prestea
1 hour -
Eswatini champions SiSwati stories in digital age at World Book Day 2026
1 hour -
Only weak men forgive cheating partner – Yul Edochie
1 hour -
Meta repeatedly snubs EU body over Facebook and Instagram user bans
1 hour -
Family wealth should be viewed as asset class for building transgenerational enterprises – Alex Dadey
1 hour -
Evacuation of Ghanaians from SA: ‘Ghana’s response was not necessary’ – Julius Malema
1 hour -
Childhood kidney care strained by shortage of specialists, limited equipment—Paediatric Nephrologist
1 hour -
Over 3m Ghanaians live with mild mental health conditions—GloMeF
1 hour