Ghana to takeover assets and liabilities of Savannah Accelerated Development Authority


By Eugene Davis | Business & Financial Times, Ghana October 6, 2017

Government is expected to takeover the assets and liabilities of the Savannah Accelerated Development Authority(SADA) following a recommendation from the report of the Committee on Employment, Social Welfare and State Enterprises of Parliament.

Chairman of the Committee, Kwame Anyimadu Antwi, speaking on the floor of Parliament, stated that Clause 34 of the Bill provides that assets, rights and liabilities of SADA established under the SADA Act 805 be transferred to the Northern Development Authority upon its establishment.

The Committee, however, indicated that the operations of SADA cover some parts of the Volta and Brong Ahafo regions where it has offices, properties and employees.

It noted that the territorial jurisdiction of NDA, which is expected to cover only the Northern, Upper East and Upper West regions, may not be feasible for the Authority to manage properties and offices of SADA situated outside that zone.

The Committee therefore recommended that government takes over and decides appropriately on the assets and liability of SADA.

Mr Anyimadu Antwi also added that part of its functions,NDA will lead and coordinate local development initiatives in the northern zone as stipulated in the Bill.

According to him, the Committee believes the new authority will provide the incentives for indigenous entities to relocate their operations to rural communities to create jobs and business opportunities for the people.

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