Tuesday, June 5, 2012

AFRICA NEEDS INVESTMENT IN REAL ESTATE NOT AID




African economies easily rank among the most resilient in the world. In the middle of the 2009 global economic recession, Africa was the only region apart from Asia that grew positively, at about 2%. The continent’s growth has been on an upward trajectory ever since then- 4.5% in 2010 and 5.0% in 2011.
And it will get even better in 2012. Africa is favorably positioned to become the 2nd fastest growing region in the world, and according to the International Monetary Fund (IMF), economic growth across the 54 countries of the continent will hover around 6% in 2012.
Africa is becoming an increasingly attractive hub for foreign investors in light of various economic, political and social reforms that are sweeping through the continent, resulting in a much improved business environment conducive for foreign direct investment. Apart from that, there is widespread development of critical social and physical infrastructure, and there is an increasing pool of well-educated, English-speaking, enterprising workers in most countries across the continent.
There is also a significant boost in the spending power of Africans. According to the African Development Bank, Africa’s fast-emerging middle class is now comprised of over 300 million people, and analysts from the McKinsey Global Institute estimate that general consumer spending across the continent will hover past the $1 trillion mark next year.
If you’re a foreign investor who has yet to make a foray into Africa, now is the time to step in and capture a share of Africa’s $1 trillion opportunity in 2012.
As one of the world's fastest growing economic regions it desperately needs quality real estate.  And, by seeking to address Africa's challenges, investors and business men have to now channel their effort to one of the fastest growing area-Real Estate as a long term investment for development.
By 2040, Africa is projected to be home to one in five of the planet's young people and the world's largest working-age population, therefore government needs to stem into investing into the industry for future benefits.
Long-term investment – many people like the idea of an investment that can fund them in their retirement. Rental housing is one sector that rarely decreases in price, making it a good potential option for long-term investment.
Private real estate can provide significant and important benefits for a mixed-asset investment portfolio. Well-chosen portfolios have delivered attractive investment performance over long-term holding periods, providing high returns that have fallen between those of bonds and equities in the long term
The obvious benefit that comes from real estate investing comes from the money that can be made. Those who have managed to buy a home for a small amount, and sell it for a large amount see the largest profit. People will fix houses, and add to houses simply to get as much profit as possible out of the market. This benefit is generally unmatched by many other investments; you can make a lot of money by simply investing in a home. While it is hard work, it can reap large monetary benefits.

By: Samuel Mantey
Email: sammyoo3@yahoo.com
Twitter: SamuelMantey

Tuesday, May 29, 2012

Getting rich quick… Money, Power &Pleasure (Part 1)




Keep your life free from the love of money, and be content with what you have. - Hebrews 13:5

Some few months’ back I spoke to a young man who was awaiting his turn for an interview with a seasoned company.  I asked him ‘what would he prefer, money or peace of mind?’ He responded what good is peace of mind if you don’t have money. If you have money in this era you have everything, he emphasized.
This is one of the many deceptions that have diverted the attention of the youth from God to Money. Indeed, money itself is good because that is the means of exchange but the Bible warns us against the love of it.
Just recently a colleague told me he accompanied his friends to the conference center on a programme dubbed ‘how to get rich quick’. He said the speaker told them of many dubious means to get money so that they would be accepted in the society. Who told you getting rich will make you acceptable?
Ecclesiastes 5:10 says whoever loves money never has money enough; whoever loves wealth is never satisfied with his income. This too is meaningless.
People have adopted schemes like High Risk Work, Bank Robbery, the internet way (sakawa), marry rich, ritual money etc just to be accepted in a deceptive environment. There is nothing like short way to success in Life. There is no elevator to success you have to take the steps.
Luke 3:14“Do not take money from anyone by force, or accuse anyone falsely, and be content with your wages.”

The youth are anger to get rich just for power and pleasure. At one time we too were foolish, disobedient, deceived and enslaved by all kinds of passions and pleasures thinking that we nee to fit into the society by these passions.
When you ask, you do not receive, because you ask with wrong motives, that you may spend what you get on your pleasures. - James 4:3

The Bible says there will be terrible times in the last days. People will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, without love, unforgiving, slanderous, without self-control, brutal, not lovers of the good, treacherous, rash, conceited, lovers of pleasure rather than lovers of God- having a form of godliness but denying its power. Have nothing to do with them.
Galatians 5:19-21 says Now the works of the flesh are evident: sexual immorality, impurity, sensuality, idolatry, sorcery, enmity, strife, jealousy, fits of anger, rivalries, dissensions, divisions, envy, drunkenness, orgies, and things like these. I warn you, as I warned you before, that those who do such things will not inherit the kingdom of God.
Unfortunately the world will tell you to get rich quick or die trying deceiving you that getting rich means been successful.  (Part 1)

By Samuel Mantey
Twitter: SamuelMantey

Monday, May 28, 2012

Developers optimistic in first ever On-Site Property/ Home Viewing & Conference

The Registration for the 2012 first ever On-site Property/ Home Viewing &Conference preceding the Ghana Property Awards 2012 has opened with developers expressing their optimism in the growth of the industry.
The developers stressed that that the event will help boost the local industry will necessary skills and technology to compete with their colleagues internationally.
The Ghana Real Estate Development Association and Property Express Limited organizers of the event are offering the general public and those from the Diaspora the opportunity to visit developers’ site in style to get a first hand view of their properties.
The event is to commemorate 5 years of the establishment of the awards by, the Ghana Real Estate Development Association [GREDA] and Property Express Limited. The milestone edition is aimed at increasing innovation and enhancing the influence of the awards on the real estate market in the country.
The event will feature a conference where individuals will be educated on Buy – To let, finance, how to get onto the property ladder and many more pertinent topics.
Some of the developers say they view this as a window for Diasporas and investors to take the opportunity to visit Ghana and invest in our booming economy through property acquisition in Commercial properties and private homes.
The registration for the on-site viewing is however limited to only 3,000 prospects. The on-site viewing and conferencing is slated in October later in the year.

Thursday, May 24, 2012

GHANA NEEDS WELL CRAFTED HOUSING POLICY TO UNRAVEL THE HOUSING DEFICIT

The National Tenants Association of Ghana (NATAG) has express their disappointment with politicians for politicising matters concerning housing as Ghana’s housing deficit hit 1.6 million and expected to double by the next 10 years.

They are therefore calling for a crafted housing policy to unravel the housing deficit.

The Acting General Secretary Mr Fredrick Opoku says if the current trend of providing housing in the country continue the country would need 360,000 housing unit a year for ten years as a country in order to flatten our rocketing housing deficit which is expected to reach 3.6 million by the year 2022

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He blamed government failure to directly invest in the housing sector by providing subsidies to encourage building and home ownership but rather relying sorely on private entities to put more houses sought to worsen the housing deficit and make the Ghanian renter more poorer.

Mr Fredrick Opoku also found it very difficult to understand why Government is unwillinging to subsidize building materials to reduce the cost of building.

He noted that the price of cement has shot up to GHC 25 a bag from GHC 16.50, the highest price increase ever recorded in the history of Ghana.

The effect of this is that, greedy Landlords will take advantage of that to exploit the poor renter for their selfish gains.

Mr Fredrick Opoku call on all political parties in the country to as well direct their attention and also focus on proving affordable Housing to the poor with a housing policy in place when elected to power come 2013, rather than only raising voices and making strong promises to promoting free education to deceive and cheat the intelligence of the poor, and potraying that housing is no issue to them.

Story: Samuel Mantey

Tuesday, May 22, 2012

Reasons to Set Goals





1. Goals bring the future into the present, and the present is the only time we can take action.
Setting goals makes it possible to do something today to create the future you want.
2. If you don’t plan your time, someone else will help you waste it.
3. People get twice as much done on the day before they go on vacation, because they plan (set goals) and prioritize what they intend to do.
4. Goal setters make more money than people who don’t set goals. Those with goals programs are also happier and healthier and got along better with the folks at home.
5. Goals keep you focused on the things that really matter and help you avoid wasting time on things that are unproductive.
6. Setting goals gives direction and purpose to all that you do.
Now you might be thinking, “Zig, how do I know what goals to set, and how do I know they are the right goals that get me where I want to go?” I have a proven seven-step process you can apply to your goal setting, and if you follow each step correctly, you will create goals that are tailor-made for you and what you want to achieve.
The Seven Steps of Goal Setting
1. Identify the goal.
If you don’t identify a target, you will never hit it. When you identify a goal, it means that you write it down and describe it clearly. If you want to have specific success, you must have specific targets. A goal “to increase my annual income” or “to spend more time on my spiritual life” is not specific. A specific goal would be “to increase my current income by 20 percent” or “to read the entire Bible.”
2. List the benefits: what’s in it for me?
Once you identify a specific goal, you need to list the benefits you will receive when you reach that goal. We only do the things we want to do and are willing to do. If there are no personal benefits, your motivation for completing the goal will be diminished.
Remember that changing your life is not always easy, so understanding what’s in it for you is vitally important. Don’t skimp on this step!
3. List the obstacles to overcome.
There might be some rough spots on your journey as you work to achieve your goals. Many of them can be anticipated, and if you can anticipate something, you can prepare yourself in advance to overcome it. So think it through and make a complete list of all the things that can prevent you from being successful.
4. List the skills and knowledge required.
Knowledge gives us the power to accomplish things we would not otherwise be able to do, and skills give us the tools to take advantage of our knowledge. There is a direct relationship between knowing and doing, and successfully accomplishing your goals will require that powerful combination. For example, if your goal is to increase your proficiency on the computer, you will need to know specifically what the computer can do for you (knowledge). Then, the skills you will need to be successful must be identified. These skills might include learning to type on a keyboard with two hands instead of finger pecking. This would trigger setting another goal of learning to type! Never forget that knowledge and skill will be required to successfully complete any goal.
5. Identify the people and groups to work with.
We do a better job when we have the help of others. They can help us with knowledge and skill and can offer valuable advice we need to be successful. So when you set your goals, always consider the people and the groups you can work with that can help you be more successful.
6. Develop a plan of action.
This is the most critical step, and it involves thinking through the details of how you will achieve your goal. In my younger years I was thirty-seven pounds overweight. I had put that weight on one bite at a time, and I was going to have to lose it the same way. That required a plan! I wanted to lose my weight over a ten-month period and that was the first step of the plan. Thirty seven pounds sounds like a lot, but when you realize it’s only 3.7 pounds a month over a ten-month period it sounds a lot better. So, I planned to lose 3.7 pounds a month for ten months. Then I included a daily running and exercise plan in the goal, as well as a diet that would limit my caloric intake. With those details planned, I clearly knew how I was going to have to live each day to be successful. I prepared diligently to succeed. I stuck to my plan (which means I never made the first exception), and ten months later I had lost thirty-seven pounds.
Success would have eluded me had I not planned the details of what I would do each day to reach my goal. In this case, reaching my goal may not have changed the world, but it surely did change my world.
7. Set a deadline for achievement.
In the example above, you notice I gave myself ten months to lose the weight I wanted to lose. I had a great reason for setting that deadline—all goals need a completion date to be effective. I was in the process of writing my first book, See You at the Top, and I had ten months left to complete my book by my goal date when it struck me that I was not a good example of the very things I was teaching. Nobody who saw me was going to believe a word I said, because I was not taking care of my health. There was no way an overweight fat boy could effectively tell other people how to change their lives without first changing his own! My integrity was on the line . . . so I got help and made my ten-month plan.
If you don’t set a deadline for completing your goals, you will not be accountable to yourself or anyone else. If you are not accountable for your goals, you will not achieve them.
Don’t think of goal setting as a tiresome activity that requires you to do things that are difficult. The real benefit of having goals is what you become by reaching them. When you successfully complete your goals, you change specific things in your life. I can tell you factually that your life will be radically changed for the better, and the person you become will be highly successful in all that you do.


About the Author:
"The Master of Motivation" Zig Ziglar has been described as "one of America's Icons," "the salesman's salesman," and "a legacy that will forever impact our history." Helping people to achieve long-term balanced success based on his philosophy of character, attitude and skills, he has impacted more than a quarter billion people and continues to make a difference in the lives of those who act on his philosophy. His new book, Born to Win, is sure to become a beloved classic.