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Published stories attached to the Policy category.
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Ghana’s booming property market is under renewed scrutiny as regulators warn it remains vulnerable to illicit financial flows. Authorities say stronger compliance could determine whether the sector builds trust or enables financial crime.
Ghana’s property industry is under pressure to tighten its financial scrutiny. Regulators warn that real estate professionals could either help block illicit funds or unknowingly enable them.
Owning a home in South Africa is about to get more expensive. New municipal tariffs taking effect from July will push up property rates, utilities and other household costs across major cities.
Thousands of homes and businesses across Harare could be demolished as authorities intensify a citywide crackdown on illegal land occupations. The move is targeting settlements built on wetlands, public land, and sites reserved for schools and clinics, sparking fears of mass displacement.
Luxury villas flaunted on TikTok have triggered an official investigation in Morocco. Authorities suspect some of the multimillion-dirham homes may have been built illegally on protected agricultural land.
Luxury properties once owned by convicted drug traffickers have been sold to the highest bidders. The auction generated more than ₦6 billion as authorities intensify efforts to strip criminals of their illicit wealth.
A luxury Lagos hotel confiscated from convicted drug traffickers has been sold for ₦5.9 billion. The sale forms part of a wider government asset recovery drive that generated over ₦6.1 billion from forfeited properties.
A proposed tenancy reform in Lagos is dividing stakeholders over rent caps, eviction timelines, and agent regulation. While some see protection for tenants, others warn it could destabilise the rental market.
Ghana’s property market is increasingly being used to disguise illicit financial flows through opaque transactions and weak oversight. A new report warns that real estate is becoming one of the country’s most vulnerable sectors.