Bussiness
Dissolve current board or else. . . – Kejetia New Market traders warn
Traders at the Kejetia New Market have launched a desperate call on authorities to immediately dissolve the current board members of the facility.
The traders, some of whom had threatened a massive demonstration to push for the move, are accusing members of the board of not serving their interests.
Speaking on Akoma FM’s current affairs and political show GhanAkoma Thursday, May 12, Chairman for Federation of Kumasi Traders Nana Akwasi Prempeh told host of the show Aduanaba Kofi Asante Ennin that “anytime we the traders request for something from management they will tell us that the board is yet to give clearance and this ‘stampede’ from the side of the board has been one too many so we have decided as traders that the board is not serving our interest”.
Touching on the issue of electricity meter that has been hanging for almost two years, leadership of the traders explained that “the market board has been adamant to our pleas”.
“We have been pushing them to allow us the traders to have separate meters for each shop but for over one year the situation has been the same so we have come to conclusion that the board doesn’t care about the plight of the traders so we want the board dissolved so we can have new board that will push our agenda to ensure traders welfare to boost our livelihoods.”
Traders at the newly constructed Kejetia market have been complaining of high electricity bills and rampant defects on the facility.
According to them, the over 7,000 shops in the market are connected to one electricity meter, a situation they described as taking a toll on their sales and businesses.
Nana Prempeh, who represented leadership of the market, added that “at least there are over 100,000 traders at the market at every particular time when the market is open, hence we have large constituents so we don’t know why the board doesn’t take us serious.”
“We are giving ourselves one month, if the board doesn’t heed to our request we shall converge and demonstrate against them.”
Source:3news.com
Bussiness
Global Market Volatility: Gov’t absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol
Effective Thursday, April 16, 2026, which is the next pricing window, the Government will absorb GH¢2.00 per litre on diesel and GH¢ 0.36 per litre on petrol.
This intervention is intended to cushion customers and ease the cost burden on households, transport operators, and businesses.
The measure, approved by Cabinet, is in response to rising prices of petroleum products on the international market, which have significantly impacted ex-pump prices in Ghana.
This temporary intervention will remain in force for a period of one (1) month.
During this period government will continue to closely monitor developments in the global oil market and assess the need for further policy adjustments.
A statement signed by Minister of Government Communications, Felix Ofosu Kwakye noted that they remain commited to maintaining price stability, protecting livelihoods, and supporting Ghana’s economic recovery in the face of external shocks.
Ghana’s gold and minerals sector is set for a major spotlight as Meetings. Co, in partnership with key industry stakeholders, announces the Mining & Minerals Convention 2025, scheduled from August 26-27, 2025, at the Kempinski Hotel Gold Coast City, Accra.
Held under the theme “Shaping the Future of Ghana’s Gold Industry,”‘ the Convention will convene government leaders, regulators, miners, refiners, investors, sustainability partners, innovators, and responsible mining, and global competitiveness,policy experts to explore strategies that position Ghana’s gold industry for long-term growth.
The two-day convention will feature presidential and ministerial keynote addresses, industry thought leadership, technical paper presentations, policy dialogues, fireside chats, exhibitions, and high-level networking sessions.
Convention delegates can anticipate a dynamic and insightful experience, marked by thought leadership from leading policymakers and regulators, in-depth discussions on key topics such as sustainability, ESG, digital gold, and responsible sourcing, as well as valuable opportunities to forge public-private partnerships and investment deals.
Moreover, the event will offer practical action points aimed at unlocking greater economic value for Ghana.
The 2025 edition will be supported by a strong coalition of strategic partners, including the Ministry of Lands and Natural Resources, the Minerals Commission, GoldBod, the Minerals Income and Investment Fund (MIIF), and the Ghana Extractive Industries Transparency Initiative (GHEITI).
