Business News of Tuesday, 4 November 2025

Source: Patrick Biddah, Contributor

SHC launches nationwide drive to recover debts, offers 15% discount to clients

John Bawah is the Managing Director of the SHC John Bawah is the Managing Director of the SHC

The State Housing Company Limited (SHC) has launched a National Revenue Mobilization Campaign aimed at recovering outstanding payments from clients and strengthening its financial base to sustain the delivery of affordable housing across Ghana.

Announcing the initiative at the SHC Head Office in Accra on Monday, November 3, 2025, the Managing Director, John S Bawah, said the campaign forms part of efforts to remind clients of their financial responsibilities, which are essential to safeguarding tenancy security and ensuring the company’s continued growth.

Bawah explained that SHC, which has been at the forefront of Ghana’s housing development for nearly seven decades, has been facing operational challenges due to unpaid client obligations running into hundreds of millions of Ghana cedis.

These arrears include ground rents, land regularization fees, lease renewals, consents, and service charges.

As part of measures to encourage clients to clear their debts, SHC is offering a 15% discount on all outstanding payments settled in full between November 3 and December 31, 2025.

The discount applies specifically to ground rents, land regularization fees, lease renewals, consents, and service charges, but excludes house sales.

“This campaign is not only about debt recovery but about partnership. We are providing an opportunity for our clients to regularize their accounts under favorable terms, while helping SHC continue to deliver affordable and quality housing to Ghanaians,” he stated.

He added that SHC will soon open a 24-Hour Premium and Express Service Centre to enhance customer convenience, offering around-the-clock support for payments, documentation, and client inquiries.

This initiative, he noted, aligns with President John Dramani Mahama’s vision of building a “Ghana that works round-the-clock.”

Bawah, however, cautioned that after the campaign’s deadline, SHC will strictly enforce legal sanctions, penalties, and interest charges on all defaulters who fail to comply.

He, therefore, appealed to clients nationwide, from Accra, Kumasi, Takoradi, Tamale, Sunyani, and other regional centers to take advantage of the limited-time discount and settle their arrears promptly.