Business

KMA Maintains 2 Cedis Daily Trading Fee, Dismisses 5 Cedis Rumor

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There’s been a false announcement circulating at the Kumasi Central Market, claiming that the daily trading fee will increase from 2 cedis to 5 cedis starting February 3, 2025.

However, the Kumasi Metropolitan Assembly (KMA) has debunked this claim, stating that no such increment has been approved.

According to Abass Nurudeen, Esq.,Ashanti Regional Communications Officer (ARCO),of the National Democratic Congress,the official daily trading fee remains 2 cedis, and traders should continue paying this amount.

The KMA has urged the public to report any individuals demanding 5 cedis as daily fees to the relevant authorities for immediate action.

It’s worth noting that the KMA is committed to transparency and fairness in its dealings with traders.

“If you have any concerns or need further clarification, you can contact the KMA office directly.”He indicated.

Source:Ayisah Foster, The Punch Newspaper

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