Headlines for Property Express News
Children and Women’s Advocacy Alliance (CWAA) petitions IGP, to arrest, real estate mogul Nana Kwadwo Adjei over allegations of abuse.
The First Vice-President of the GREDA Eric Ebo Acquah, urges government to engage local estate developers in addressing the country’s 1.8 million housing deficit
UK House Prices Rise for Fifth Month, But Annual Growth Slows
The Children and Women’s Advocacy Alliance (CWAA) has petitioned the Inspector-General of Police, Dr. George Akuffo Dampare, to arrest, investigate, and prosecute real estate mogul Nana Kwadwo Adjei over allegations of abuse, exploitation, and intimidation.
The petition, submitted on January 29, 2025, by CWAA’s Executive Director, Nana Agyeman Prempeh, outlines accusations including economic exploitation, physical abuse, and threats against women and children. Key among the allegations is the testimony of Karen Baaba Sam, who claims Nana Adjei subjected her to years of domestic abuse, including physical assaults during her pregnancy and threats after she tried to leave the relationship.
CWAA also cited a leaked audio where Nana Adjei allegedly admitted to the abuse. Another case involved Nuhu Ibrahim, a UK resident who alleged that Adjei and his accomplices assaulted and robbed him in East Legon in January 2023. Both complainants claim their cases were mishandled due to Adjei’s influence.
CWAA expressed concerns over police bias, particularly in Karen’s wrongful prosecution, and alleged judicial manipulation to protect Adjei. The group called for an independent inquiry into how he has evaded legal consequences and demanded immediate protection for victims and witnesses.
The First Vice-President of the Ghana Real Estate Developers Association (GREDA), Eric Ebo Acquah, has called on the government to engage local estate developers in addressing the country’s 1.8 million housing deficit. According to Mr. Acquah, with the right government support, local developers are well-positioned to tackle the housing shortage efficiently.
“I believe that the deficit is something that we can solve locally if local estate developers will be consulted and supported by the government. Within a matter of two years, we can make sure we have enough houses,” he stated in an interview with the Daily Graphic in Accra.
As the Chief Executive Officer of Blue Rose Ltd, Mr. Acquah emphasized the commitment of local developers to work alongside the government in resolving the housing crisis. He advocated for a roundtable discussion between the government and estate developers to explore sustainable solutions, stressing that the expertise and resources needed to address the issue are already available within the country.
“The housing solutions are in Ghana, and there is no need to look outside. We are able and we are capable because we are already doing that without government support,” he insisted. He further proposed that a soft loan of about $50 million for 20 to 25 registered developers could significantly boost housing projects, offering affordable options to Ghanaians.
In Tema, Afram Brothers, a local construction company, is transforming lives through a pioneering corporate social responsibility initiative aimed at tackling unemployment. Under the leadership of Head Engineer Richard Kwame Affram, the company offers free technical and entrepreneurial training to unemployed youth and adults, equipping them with practical skills in masonry, plumbing, health and safety, and business management.
Over the past two years, this program has empowered individuals from diverse backgrounds, including those from low-income families and former drug users, helping them secure steady jobs or start their own businesses.
The initiative not only focuses on technical skills but also emphasizes entrepreneurship, teaching participants how to manage finances, market their skills, and run successful businesses. The impact extends beyond individual trainees, contributing to the economic growth of the Tema community as many graduates go on to employ others. Afram Brothers’ commitment to social responsibility serves as a model for other organizations, proving that businesses can drive meaningful change by investing in human potential and building sustainable futures.
House prices in the UK rose for the fifth consecutive month in January, though the annual growth rate showed signs of slowing, according to Nationwide. The building society’s latest monthly tracker reported a modest 0.1% increase in prices from December, bringing the average home cost to £268,213. This marks a slowdown compared to the 0.7% rise in December and the 1.2% increase in November.
On an annual scale, house price growth eased to 4.1% in January, down from 4.7% in December. Despite this softening, December’s annual growth rate was the highest recorded since October 2022, following the financial turmoil triggered by former Prime Minister Liz Truss’s mini-budget, which had caused borrowing costs to surge.
The African Housing Show 2025
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It’s time for Africa to lead the way in the provision of quality housing!
Thank you and stay tuned
Source : Joycelyn Marigold – Property Express News
