Excerpt
The State Housing Company Limited (SHC) is a state-owned enterprise in Ghana, established in 1956 as the Gold Coast Housing Corporation under the Gold Coast Housing Corporation Ordinance of 1955 (No.31). In 1965, it was renamed the State Housing Corporation and was mandated to “increase the availability of dwelling houses in Ghana.” In July 1995, SHC was converted into a limited liability company under the Statutory Corporations (Conversion to Companies) Act, 1993, and registered under the Companies Code of 1963, restructuring to operate as a commercial enterprise.
Purpose of Establishment:
Initially, SHC functioned as a subvented organization, serving as the government’s housing construction arm with a philosophy of providing housing as a social service. In July 1995, it transitioned into a limited liability company under the Statutory Corporations (Conversion of Companies) Act, 1993, restructuring to operate as a commercial enterprise.
Operations and Roles:
SHC is committed to delivering high-quality, affordable homes across Ghana. Its services encompass estate development, property management, and housing construction for government agencies, local authorities, developers, and private homebuyers. The company adopts a commercial approach, offering competitive property deals and practical maintenance, grounded in years of experience.
Leadership and Structure
The company’s leadership is spearheaded by a Managing Director, supported by a Deputy Managing Director and various departmental heads. As of the latest available information, the management team includes:
- Managing Director: Kwabena Ampofo Appiah
- Deputy Managing Director: Sherifa Sekyere-Tijani
- Head of Estate Development: Daniel F. Dwamena
- Head of Business Development: Isaac F. Mensah
- Head of Legal: Esq. Rita A. Fofie
The Board of Directors provides strategic oversight, ensuring that SHC aligns with its mission and objectives. The board comprises a chairperson and members appointed to guide the company’s policies and direction.
Offices and Units
SHC operates through a reorganized operational structure, grouping the regions into five zones: Head Office, Eastern, Western, Ashanti, and Northern. This structure facilitates efficient service delivery and project management across the country.
Oversight and Appointments
The company’s operations are overseen by a board appointed by the government, typically inaugurated by the Minister of Works and Housing. Board members are entrusted with formulating policies to enhance SHC’s performance and ensure the provision of affordable housing to Ghanaians.
Constitutional Binding and Reforms
As a state-owned enterprise, SHC operates under the legal frameworks governing public corporations in Ghana. Its transformation into a limited liability company in 1995 marked a significant reform, enabling it to function as a commercial entity while fulfilling its mandate to provide affordable housing
Recent Developments
- Under the leadership of Managing Director Kwabena Ampofo Appiah, appointed in June 2017, SHC has seen a revitalization in its operations. The company has been actively involved in various housing projects across the country, contributing to reducing the housing deficit and striving to bring the state-owned enterprise back to profitability.
- In September 2021, a new nine-member board was inaugurated to provide strategic direction and ensure that SHC’s housing projects are affordable to the average Ghanaian. The board was charged with formulating policies that align with the government’s objective of prioritizing mass, secure, and affordable housing for all.
Reference:
- https://statehousing.gov.gh/about-us/
- https://www.graphic.com.gh/news/general-news/state-housing-board-inaugurated.html
- https://siga.gov.gh/siga-congratulates-state-housing-company-managing-director-for-being-adjudged-the-2021-best-ceo/
- https://statehousing.gov.gh/the-management/