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Ghana’s Housing Minister Bemoans Poor Safety Standards on Construction Sites
Works and Housing Ministry Engages Stakeholders Ahead of Built Environment Conference on Housing and Hydrology
Taxes and Interest Rates Impacting Australia’s Real Estate in 2024
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The Minister for Works and Housing, Kojo Oppong Nkrumah, has raised concerns about poor safety standards at public construction sites across Ghana.
During an inspection tour in the Eastern Region, he observed that many contractors were failing to provide necessary safety gear for workers, and consultants were neglecting safety protocols.
The minister emphasized the importance of safety compliance and instructed site supervisors to enforce the use of appropriate safety equipment.
He also tasked the Ministry’s Works Directorate with conducting regular site visits to ensure adherence to safety measures.
At a press briefing, Mr. Oppong Nkrumah stated that authorities would be stricter with contractors to enforce health and safety standards.
He warned that non-compliant contractors might be stopped from continuing their projects to prevent risks.
Away from that
The Deputy Works and Housing Minister, Dr. Prince Hamid Armah, has convened key stakeholders to discuss the upcoming Built Environment National Conference on Housing and Hydrology (BENCHH 2024), scheduled to take place from July 2 to 4 in Accra.
Dr. Hamid Armah provided an in-depth briefing on the objectives of BENCHH 2024.
He emphasized the Ministry’s commitment to organizing the conference as a platform to identify practical solutions for critical hydrology and housing challenges.
The event aims to foster sustainable and resilient development within Ghana’s built environment sector.
The conference, themed “Enhancing Collaboration to Tackle Ghana’s Housing and Hydrology Challenges,” is designed to bring together a diverse group of participants, including researchers, practitioners, financiers, material developers, policymakers, and other stakeholders.
Through moderated panel discussions and collaborative sessions, attendees will explore innovative approaches to industry challenges and develop actionable recommendations to inform policymaking.
In more news
The 8th annual African Property Invvestment Awards are open for entries, now including South African submissions.
These awards celebrate excellence, innovation, and expertise in the African real estate industry. Categories range from the best developments to recognizing key roles in innovation, technology, and service.
Previous winners attest to the transformative impact of recognition, with enhanced visibility, credibility, and networking opportunities.
Judges emphasize adaptability and sustainability in their criteria, seeking projects that address challenges or seize market opportunities.
Submissions are encouraged for a chance to be recognized at the #APISummit2024.
Let’s turn our attention to Australia
The real estate market is experiencing significant changes due to shifting confidence levels, taxes, and interest rates.
Despite higher interest rates, home prices continue to rise, presenting uncertain conditions for buyers nationwide.
At the Australasian Real Estate Conference (AREC), leading agents discussed factors shaping the 2024 market.
One significant issue is property-related taxes, especially in Victoria.
Upcoming land tax increases are prompting landlords to sell rental properties, impacting the rental market.
Gary Johns from Hodges Real Estate highlighted that these tax changes are driving landlords to exit the market to avoid additional financial burdens.
Source : Joycelyn Marigold & Diana Okyerebea, Property Express News
