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Accra is the second most expensive city in the world -Survey

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Ghana’s capital city, Accra, is the second most expensive city in the world in terms of the ‘property price to income ratio’, according to Numbeo.

Numbeo, a crowd-sourced global database of reported consumer prices, perceived crime rates, quality of health care, and other statistics, explained that the Price to Income Ratio is the basic measure for apartment purchase affordability.

“It is generally calculated as the ratio of median apartment prices to median familial disposable income, expressed as years of income,” the site stated.

Accra is second most expensive city in the world - Survey

This comes amidst agitations about the city’s high cost of property prices, contributing to the #FixTheCountry Movement.

Accra is ahead of Hong Kong (Hong Kong), Shenzhen (China), Moscow (Russia), Paris (France) as well as many other world-class cities.

Accra is second most expensive city in the world - Survey

In the United States of America, Memphis is the most affordable city per property price to income ratio in the world.

Numbeo also revealed that Accra has the world’s highest Mortgage percentage income ratio, followed closely by Buenos Aires (Argentina) and Tehran (Iran) in second and third place, respectively.

Mortgage as Percentage of Income is a ratio of the actual monthly cost of the mortgage to take-home family income.

“Average monthly salary is used to estimate family income. It assumes 100% mortgage is taken on 20 years for the house (or apt) of 90 square meters which price per square meter is the average price in the city centre and outside of city centre,” the site explained.

Accra is second most expensive city in the world - Survey

Memphis once again had the lowest Mortgage as a percentage of income to ratio.

Meanwhile, Accra has the lowest loan affordability in the world.

“Loan Affordability Index is an inverse of mortgage as a percentage of income,” the site said.

This means it is costlier to access a loan in Accra compared to other cities, including Lagos (Nigeria), Kabul (Afghanistan), Sao Paolo (Brazil) and Stockholm (Sweden) etc.

Accra is second most expensive city in the world - Survey

Numbeo is a crowd-sourced global database of reported consumer prices, perceived crime rates, health care quality, and other statistics.

This year it collected data from 482 cities across the world.

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GENERAL NEWS

DEBUT ALBUM: Miriam Mandipira & The Soul Family

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DEBUT ALBUM by Miriam Mandipira & The Soul Family!
You’ve never heard a voice like Miriam Mandipira’s. Undeservedly, she doesn’t take credit for the power or presence she delivers. For Miriam, music is much more than just notes and words. It’s
magic. And faith. You can experience it LIVE and on the album, which is set to be released on September 1st.

She has been singing for as long as she can remember, growing up with her ears glued to the radio.

From the moment her school teacher asked her to sing in class, the rest has been history. From Africa to Denmark, from Book Café in Harare to Mojo Blues Bar and the big concert halls. From
Danish Radio Big Band to the Royal Theater. Music is music, and Miriam is the music.

“But it’s not about me when I sing. I’m just the instrument, and when I’m on stage with my band, I sing from a place that’s not about rules and technique but about emotions,” says the singer, who is
seriously trying her hand at songwriting – together with her Soul Family on the album “Ndiwe”, which means ‘you are the chosen one of my heart.’ The overall message is impossible to ignore
Love.

“Call me a soul singer, call me a jazz singer. I don’t care. Good music is good music, and I love interpreting other people’s songs and being inspired. At the same time, I think it’s great to try my
hand at creating and writing the songs myself – and with my friends in the Soul Family, I have found my place. They are my family, and the curiosity and respect we share are fantastic.”

You can experience that up close when Miriam & The Soul Family take the stage. The enthusiasm for music and communication is impossible to ignore and hear.

“I love to maintain the feeling of being a child. It’s an excitement and curiosity that keeps me going, and that’s why I’m so excited about every single concert – no matter how small or large it is.

Otherwise, I would never do it. This is not just a casual thing. This is a life, and everything means something,” says Miriam, who began her years in Denmark by jamming at Mojo Blues Bar, building a network.

Enjoy

 

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ENTERTAINMENT

Bnoskka and Apprise Music Join Forces To Launch IP Zone Podcast

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Bnoskka, a leading creative arts business and intellectual property consultant, is excited to announce its collaboration with Apprise Music, a renowned music publishing and distribution company, to launch the IP Zone Podcast. Hosted by Bnoskka, the podcast is now streaming on YouTube, Spotify and all major streaming platforms.

IP Zone Podcast delves into the fascinating world of intellectual property, creativity, and innovation, featuring insightful conversations with industry experts, artists, and thought leaders. With a focus on the music and creative industries, the podcast explores the latest trends, challenges, and opportunities in intellectual property, copyright, and innovation.

“I am thrilled to partner with Apprise Music to bring IP Zone Podcast to the public,” said Bnoskka. “Our goal is to create an engaging and informative platform that sparks meaningful discussions and inspires creativity. We believe that intellectual property is at the heart of innovation, and we’re excited to share this journey with our audience.”

“Apprise Music is dedicated to empowering creatives and artists to protect and monetize their intellectual property,” said Mr. Michael Bamfo, CEO of Apprise Music. “We’re proud to collaborate with Bnoskka on IP Zone Podcast, and we look forward to sharing our expertise and insights with the creative community.”

Tune in to IP Zone Podcast on YouTube, Spotify, Apple Podcasts, Google Podcasts, and other popular streaming platforms.

Subscribe now and join the conversations.

Contact:
Mr. Michael Bamfo
Email: [email protected]
Phone: +233 24 502 4002

About Bnoskka:
Bnoskka is a creative arts business and intellectual property consultant dedicated to empowering creatives and businesses to protect, monetize, and grow their intellectual property.

About Apprise Music:
Apprise Music is a music publishing and distribution company committed to supporting artists and creatives in the music industry.

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