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Housing shortfall driving rent advance exploitation – John Dramani Mahama
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President John Dramani Mahama has attributed the growing issue of excessive rent advance payments in Ghana to the country’s housing deficit.
He made the remarks during a public engagement on housing and sanitation in Accra on Thursday March 19,2026, where he outlined challenges facing households and proposed solutions to improve access to affordable housing.
He explained that the shortage of housing has created a situation where private landlords take advantage of tenants by demanding more than the legally approved rent advance.
He noted that although the law limits rent advance to six months, both tenants and landlords often avoid the rent courts and settle such arrangements privately.
He added that tenants, in most cases, agree to pay up to two years’ rent in advance because they urgently need accommodation and fear losing available spaces.
According to him, the situation continues because of the gap between housing demand and supply.
He called for a national housing dialogue involving government, the private sector and organised labour to develop a social housing policy.
He stressed that such a policy would help provide affordable housing options for workers, either through mortgage schemes or rental arrangements at reasonable prices.
He also pointed to successful housing models in countries like Kenya, where large scale housing projects have been implemented for public sector workers.
He further explained that past mortgage systems in Ghana discouraged home ownership because they were tied to the US dollar, making repayment difficult due to currency fluctuations.
He said stability of the local currency is key to improving mortgage accessibility, adding that predictable depreciation would allow workers to plan and manage payments more effectively.
He urged stakeholders to work together to maintain a stable economy, noting that it would benefit both homeowners and prospective buyers.
By: Jacob Aggrey
Over 20 structures built within the 50-metre buffer zone of the Kpeshie Lagoon at the Laboma Beach Resort in the La Dade-Kotopon Municipality were on Sunday demolished by the Greater Accra Regional Coordinating Council (GARCC).
Buildings such as single-unit semi-detached under construction and completed chalets at the resort were pulled down while portions of a newly constructed perimeter wall were also demolished. Read More
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About 120 golfers from clubs across Ghana participated in an 18-hole competition, dubbed ‘MTN 30th Anniversary CEO Invitational Golf Tournament’ held at the Achimota Golf Club on Saturday.
At the end of the hectic day, Frederick Semenu Duvor won the Men’s Group A event with 39 points, while Julienne Afi claimed the Ladies’ Group A title with the same score.
Yaw Mireku Jnr. won the Men’s Group B with an impressive 45 points, while Kous Louanges Mang took the Ladies’ Group B title with 38 points.
Kofi Mangesi won Men’s Group C with 40 points while Elorm R. Akuash Bonney claimed the Ladies’ version with 42 points.
In the Seniors Division, Jan Vogel emerged winner of the men’s category with 39 gross, while Helen Appah topped the ladies’ category with 44 gross.
Addressing participants, the company’s Board Chairman, Mr Ishmael Yamson, urged the company to approach its next phase with the same resilience, discipline and determination that have defined its success over the past three decades.
He drew a striking parallel between the game of golf and MTN Ghana’s three-decade journey, describing both as long games in which success depends less on one spectacular moment than on consistency, patience, judgment and the ability to recover from setbacks.
He said, golf had taught him a lesson that extended far beyond the fairways, thus, a round cannot be won on the first hole.
In golfing terms, he said, MTN Ghana had encountered its share of regulatory bunkers, competitive hazards and unexpected storms that had forced the company to pause, reassess and change its approach.
But those challenges, he suggested, were part of the journey rather than reasons to abandon it.
By Andrew Nortey
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