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Home-owning retirement package for teachers, President Akufo-Addo promises

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Akufo-Addo announces home-owning retirement package for teachers

President of Ghana. Nana Addo Dankwa Akufo-Addo

H.E. President Nana Addo Dankwa Akufo-Addo has announced a new affordable-housing policy for teachers, adding that an opportunity will also be provided for them to own houses in desired locations in various parts of the country.

He said the affordable housing initiative will involve the provision of houses for both mortgage and rental.

To be made up of 10,000 units, the project will be completed by 2024.

President Akufo-Addo made this known on Tuesday, January 4 while addressing the 6th Quadrennial National Delegates Conference of the Ghana National Association of Teachers (GNAT) in Kumasi.

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“I am fully aware that the one challenge facing teacher ownership of homes beyond finance is their inability to purchase home where they intend to retire,” the President said.

“Through a subsidised loan programme, teachers will be provided an opportunity to own houses in desired locations in various parts of the country.”

He said the Ministry of Works and Housing is in discussions with teacher unions including GNAT on this while the Ministry of Education is liaising with the National Service Scheme on it.

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“Within the next two years, it is proposed that 10,000 housing units on affordable terms will be developed for teachers across the country.”

He also pledged to address the issue about concerns raised by teachers over the ‘One Teacher, One Laptop’ initiative.

Source: 3news.com

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Business

“Don’t Rush Entrepreneurship” – Kweku Etuaful Advises UCC Students

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At a time when many young people feel pressured to start businesses immediately after school, entrepreneur and media executive Mr. Kweku Etuaful delivered a timely reminder at the University of Cape Coast.

Chief Kweku Etuaful
Founder/CEO, EN.AR Limited & TW Radio

Speaking at a guest lecture organised by the Centre for Entrepreneurship and Small Enterprises Development (CESED), Mr. Etuaful challenged students to rethink what it truly means to be entrepreneurial. According to him, the foundation of entrepreneurship lies in mindset, discipline, and preparation rather than quick ventures.

Using his personal journey as an example, Mr. Etuaful explained how years spent working in structured corporate environments shaped his approach to business. His experience in finance roles across several organisations helped him develop habits of accountability, financial control, and respect for systems—qualities he believes are often underestimated by aspiring entrepreneurs.

Chief Kweku Etuaful
Founder/CEO, EN.AR Limited & TW Radio

He stressed that micro-entrepreneurship is not about starting small because of limitation, but about starting deliberately. By focusing on specific niches, managing costs carefully, and delivering consistent value, micro businesses can grow sustainably even in uncertain economic conditions.

A major focus of his address was the freelance and gig economy, which he described as a powerful entry point for students and young professionals. However, he cautioned that freelancing should be approached with the same seriousness as formal employment. Reliability, consistency, and reputation, he noted, are what separate successful freelancers from struggling ones.

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Mr. Etuaful also highlighted the importance of community and collaboration, drawing insights from Inspire Cape Coast, an initiative aimed at strengthening creative collaboration and storytelling in the Central Region. Through this experience, he said, it became clear that impact is driven more by mindset than location.

In concluding his lecture, Mr. Etuaful encouraged students to slow down, learn deeply, and build strong personal foundations before venturing into full-scale entrepreneurship. He reminded them that employment, freelancing, and entrepreneurship are not competing paths but complementary stages of growth.

Source: TW Radio

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