Business

Ghana Pushes Forward With New Rent Act

Story Highlights
  • Stakeholders from various government departments attended
  • The goal was to review and discuss the Rent Bill, 2022
  • This will benefit both tenants and landlords

The Deputy Minister for Works and Housing, Dr. Prince Hamid Armah, recently led a key retreat focused on revising the country’s Rent Act.

What Happened?

A retreat was held at the Eastern Premier Hotel in Koforidua. Stakeholders from various government departments, including the Ministry of Works and Housing, the Attorney General’s Department, the Rent Control Department, and the Public Service Commission, came together.

The goal was to review and discuss the Rent Bill, 2022, in response to a request from Parliament’s Select Committee on Works and Housing.

Why is this Important?

Dr. Armah, who is also an MP, highlighted the widespread issues related to rent, particularly for vulnerable Ghanaians.

The new Rent Act aims to address these challenges and create a more effective regulatory system for the rental housing market.

This will benefit both tenants and landlords by providing clearer guidelines and protections.

What’s Next?

The successful retreat signifies progress in addressing Parliament’s concerns and paves the way for the Rent Bill to become law.

Once passed, the new Rent Act is expected to significantly improve the regulation of rental housing in Ghana, ensuring a fairer system for all involved.

Related Articles