News
ejecting Ghana cedi coins could lead to arrest, prosecution — Bank of Ghana warns
The Bank of Ghana (BoG) has warned that traders, transport operators, businesses and individuals who refuse to accept Ghana cedi coins as payment for goods and services could face arrest, prosecution, fines or imprisonment.
In a public notice issued on Wednesday, July 22, 2026, the central bank expressed concern over the widespread refusal to accept 1 pesewa, 5 pesewa, 10 pesewa, 20 pesewa and 50 pesewa coins, as well as the GH¢1 and GH¢2 coins.
It explained that all coins issued by the Bank of Ghana remain legal tender and must be accepted for transactions across the country.
According to the BoG, none of the coins has been withdrawn from circulation or demonetised, and no trader, transport operator, business or individual has the right to reject them because they consider them inconvenient or of low value.
The bank cited the Bank of Ghana Act, 2002 (Act 612), as amended, and the Currency Act, 1964 (Act 242), as the laws governing the use of the country’s currency.
It noted that under the Currency Act, refusing to sell goods or provide services simply because a customer is paying with legal tender coins or banknotes is a criminal offence, unless the currency has been withdrawn from circulation.
The BoG stated that anyone convicted of the offence could face up to three years’ imprisonment, a fine, or both.
It added that people who encourage or instruct others to reject coins, including business owners who direct their employees to do so, are equally liable under the law.
The bank further indicated that a person caught committing the offence may be arrested without a warrant.
To ensure compliance, the BoG said it would work with the Ghana Police Service and other law enforcement agencies to enforce the law against offenders.
It encouraged members of the public to report cases of coin rejection to the nearest Bank of Ghana office, the Ghana Police Service or through the bank’s official communication channels.
The central bank called on individuals, businesses and institutions to accept and handle Ghana’s currency responsibly in all its denominations, saying this would help uphold confidence in the country’s legal tender.
By: Jacob Aggrey
Medical Doctor and dietician, Dr Bernice Korkor Asare, has urged women to take greater responsibility for their lifestyle choices, particularly their eating habits and levels of physical activity, to help reduce their risk of developing breast cancer.
According to her, although, some breast cancer risk factors, such as family history and certain reproductive factors, may not be within an individual’s control, lifestyle choices offer an opportunity for people to take preventive action.
She made this known during a talk on the topic: “Role of diet in breast cancer prevention” organised by Times Ladies Association of the New Times Corporation, publishers of The Ghanaian Times and The Spectator, in Accra on Thursday.
The event themed “Breast Cancer Awareness- Promoting Early Detection, Healthy Eating and Prevention.” 
She noted that having a risk factor did not automatically mean a person would develop breast cancer, but could increase the likelihood of developing the disease compared with someone without that particular risk factor.
“Having close relatives who have had breast cancer, particularly a mother, sister or daughter, may increase the risk, although not everyone with a family history will develop the disease,” Dr Asare opined. Read More.
By Adizatu K. Munkaila
SKIP THE QUEUE, TAP THE NEWS
Read Daily News
You can now read the Ghanaian Times and The Spectator newspapers from the comfort of your device via TimesNewsPlus.
Buy Maps
Join our WhatsApp Channel: https://whatsapp.com/channel/0029VbBElzjInlqHhl1aTU27
A group of compassionate friends from Innovation Gospel Impact last Friday visited the management, teachers and learners of the Street Academy in Accra.
The visit was to interact to get a deeper insight into the operations of the Academy that houses hundreds of street and underprivileged children and find ways to support them.
The team was led by Rev. Dr Isaac Apenteng Yeboah, a former Director for West African Mailbox Club and Director for Prisons Support Foundation, and Rev. Dale Sutherland from Washington DC.
The call, according to the visitors was occasioned by reports about the struggles of the Academy despite the occasional support it enjoys from individuals and some corporate entities.
Briefing them, the Founder and Executive Director of the Academy, Dr Ataa Lartey, thanked them for the concern showed, indicating that “this is a major boost for both teachers and learners; knowing that their plight is known by people outside their premises.”
According Dr Lartey, the Academy had planned to undertake a number of project to enhance teaching and learning and also procure facilities for the children with keen interest in sports but had to shelve those plans for lack of finance.
He told the team that their biggest concerns were the monthly utility bills that takes a toll on their finances.
“We have a piece of land we planned to turn into an astro turf pitch to train the younger ones whose interests lies in making a career out of football, however, we have been unable to commence because there is no money now,” he said.
Dr Lartey expressed gratitude to the teachers who have dedicated their lives to training these children, rather than going for well-paying jobs and hoped that with time, their conditions of engagement would improve.
Moved by the plight of the Academy, the group donated a cash amount of Gh₵3,000 to settle its water bills.
They described as unfortunate the conditions of learners and teachers of the Academy and pledged to continuously support their operations to realize the dream to build a better future for the unfortunate children.
The group offered to support the school with its monthly utility bills, feeding and staff allowance and urged the Academy staff to remain in constant touch with them.
The Street Academy is located at the Accra Art Center and offers brilliant but needy the chance to pursue their educational dreams by enrolling them in public schools with others offered training in sports and cultural activities.
By Spectator Reporter
SKIP THE QUEUE, TAP THE NEWS
You can now read the Ghanaian Times and The Spectator newspapers from the comfort of your device via TimesNewsPlus.
Join our WhatsApp Channel: https://whatsapp.com/channel/0029VbBElzjInlqHhl1aTU27
