Tag: Patrick Ebo Bonful
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Lack of attractive mortgages to blame for NPLs in construction sector – GREDA
The Ghana Real Estate Developers’ Association (GREDA), is attributing the high Non-Performing Loans (NPLs) in the construction sector to the lack of attractive mortgages in the country. Data from the Bank of Ghana shows that repayment challenges associated with COVID-19 were paramount last year, with the NPL ratio in the banking sector increasing from 15.5…
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GREDA asks for tax rebates to build 20,000 housing units a year
The Ghana Real Estate Developers’ Association (GREDA), has called on the government to grant tax rebates to its members to enable them build enough affordable housing units in the country. President Nana Addo Dankwa Akufo-Addo back in April 2019, charged GREDA to develop a proposal to build 20,000 housing units a year to help deal…