GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home Top Stories

Chief Calls For 6-Months Limit Review On Rent Advance

March 5, 2017
in Top Stories
Share on FacebookShare on Twitter

Guantoahene of Gomoa Ajumako Traditional Area, Nana Apata Kofi V, has called for the review of the Rent Control Law to limit the number of months for rent advance to six months.

You Might Also Like

Prominent Ghanaian Leaders and Clergy Honor Late Apostle Dr. Michael Kwabena Ntumy at State House Funeral

Vice President Bawumia Shares Inspiring Journey from Oxford University to Political Success

The Diverse Currencies of Africa: Impact on Economic Growth

He believes would go a long way to bring some relief to both old and prospective tenants, particularly workers in state organisations.

It would also assist people in urban areas who needed accommodation but could not afford the huge rent advances demanded by some landlords, the Guantoahene noted.

Nana Apata Kofi, also the Chief of Gomoa Pomadze in the Central Region, made the appeal at a meeting with the stool elders of the town at the weekend to discuss the challenges of the people and the development of the town.

He said the current situation where the country’s Rent Control Law permitted landlords to collect huge rent advances for a number of months or years from tenants, either old or prospective ones, was not the best saying; “the issue has been one of the major contributory factors preventing some government employees in the regions from accepting postings to big cities.”

According to the Guantoahene, another disturbing aspect linked to the payment of huge advances was that, more often than not, most landlords insisted on collecting the money in dollars instead of the local currency, especially in Accra, Kumasi and Takoradi.

This, Nana Apata Kofi said, often aggravated the horrible situation tenants found themselves and appealed to landlords to be considerate in their demands.

The Guantoahene admitted that government really required the contributions of estate developers to assist in providing accommodation for workers, taking into consideration the cost of building materials and labour in the construction of houses.

However, he said, the real estate developers should not use that assistance to increase the burden of the less privileged who needed to be accommodated.

Nana Apata Kofi commended landlords in the country for the important role they were playing towards national reconstruction and appealed to them to be more considerate in their demand for rent advances.

He expressed the hope that when the Rent Control Law is reviewed by Parliament the demand for huge rent advances by some landlords would be a thing of the past.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: accraAffordable housingchiefEconomic renteconomykumasiLandlordLaw and economicsNana Apata KofiNana Apata Kofi VpoliticsPrice controlspropertyreal estatereal estate developersRent regulationRentingtakoradiUrban planning

Related News

Prominent Ghanaian Leaders and Clergy Honor Late Apostle Dr. Michael Kwabena Ntumy at State House Funeral

Prominent Ghanaian Leaders and Clergy Honor Late Apostle Dr. Michael Kwabena Ntumy at State House Funeral

by ghanastar
February 25, 2024
0

In a poignant ceremony held on Saturday, February 24, 2024, at the Forecourt of the State House, hundreds of mourners...

Vice President Bawumia Shares Inspiring Journey from Oxford University to Political Success

Vice President Bawumia Shares Inspiring Journey from Oxford University to Political Success

by ghanastar
June 17, 2023
0

In a heartfelt revelation of his life's journey, the Vice President of the Republic, His Excellency Dr. Mahamudu Bawumia, spoke...

The Diverse Currencies of Africa: Impact on Economic Growth

The Diverse Currencies of Africa: Impact on Economic Growth

by ghanastar
June 17, 2023
0

Africa, a continent rich in cultural diversity, is home to a vast array of currencies. With 54 recognized countries, each...

Suicide at Aburi Botanical Gardens: Man Found Dead

Suicide at Aburi Botanical Gardens: Man Found Dead

by ghanastar
January 14, 2023
0

A man, believed to be in his fifties, has died by suicide in the Aburi Botanical Gardens in the Eastern...

Next Post

Helicopter With Nine Aboard Crashes In Japan

2017 Budget Has 'vindicated' Us - Kwaku Kwarteng

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com