Africa Home Building & Innovation News -28/08/24

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Hello and welcome to  Arican Home Building News.
 
Comiing Up
 
 
Tragic building collapse kills three people in Kasoa
 
Ghana’s High Commissioner to the United Kingdom, Papa Owusu-Ankomah denies rumours that Ghana’s property in the United Kingdom has been taken over.
 
 
Canada Unveils Plan to Build 250,000 Affordable Homes on Federal Lands by 2031″
 
 
Three people were killed on Saturday when an uncompleted two-storey dormitory building collapsed at Richmere Vocational Institute (RVI), near Kasoa Timber Market, Asempa Down, in the Central Region.
 
Three others were in critical condition at the hospital, while six others have been treated and discharged.
 
The deceased included two female students of the school, Millicent Mensah, 18, and Belinda Tweneboah, 16, as well as Francis Coufie, a carpenter believed to be in his forties.
 
The tragedy attracted a large crowd to the scene, including relatives of the victims, who wailed as personnel from the Ghana Police Service and Ghana National Fire Service embarked on a rescue operation.
 
 
Ghana’s High Commissioner to the United Kingdom, Papa Owusu-Ankomah, has denied rumours that Ghana’s property in the United Kingdom has been taken over.
 
Reports are circulating in the media that Ghana’s Regina House in the United Kingdom has been taken over as a result of the Trafigura judgement debt placed on the Government of Ghana.
 
According to reports, oil conglomerate Trafigura’s Ghana Power Generation Company (GPGC) has taken over the Regina House in London, following the failure of the government to pay up a $134 million judgment debt.
 
However, Papa Owusu-Ankomah, has refuted the allegations, thereby assuring the  public that Ghana’s Regina House, located in the UK, is still owned by the Government of Ghana adding that the property is just under receivership until the debt owed to the company is paid by the Government of Ghana.
  
In  more news
The Chartered Institute of Realtors (CIR) and the Chamber of Real Estate (CRE) have ended their joint lecture series on land law in Ghana, held across June, July, and August at the Africa Trade House.

The event attracted a wide audience, including legal professionals, government representatives, students, and real estate industry players, and covered key topics such as property rights, land registration, zoning, and land transactions.

The lectures featured esteemed legal experts, including Ghanaian law luminary Tsatsu Tsikata, Lawyer Kwame Gyan, and Lawyer Kwame Oppong-Ntim. The series opened with Tsikata’s insightful lecture on “The Real Estate Industry in Ghana and National Development,” setting the tone for the comprehensive discussions that followed.

The CIR and CRE plan to host future lecture series, aiming to continue raising awareness of land law’s importance in Ghana and fostering discussion on the real estate sector’s challenges.
 

The Canadian government, under Prime Minister Justin Trudeau, has identified 56 federal properties to help address the nation’s housing crisis by building hundreds of affordable homes.
These properties, spanning an area equivalent to 2,000 hockey rinks, will be managed by the newly formed Canada Public Land Bank.

Five properties in major cities like Toronto and Montreal are already available for long-term leasing at discounted rates, with more to follow. Housing Minister Sean Fraser is leading the initiative, aiming to construct up to 3.9 million homes by 2031.
 

Source : Africa Home Building News Joycelyn Marigold

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