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*FALSE ANNOUNCEMENT OF INCREASE IN DAILY TRADING FEES*

Our attention has been drawn to misleading announcements being made at the Dr. Mensah and Zuria FM enclaves of the Kumasi Central Market, claiming that the daily trading fee paid by traders has been increased from 2 cedis to 5 cedis, effective Monday, 3rd February 2025.

We wish to state categorically that no such increment has been approved by the KMA. After checks with the Metropolitan Coordinating Director and the Finance Officer, it has been confirmed that the official daily trading fee remains 2 cedis. Any claims of an increment are false and must be disregarded.

Traders at the Kumasi Central Market are therefore advised to continue paying the approved fee of 2 cedis and should not be deceived into paying any additional amount. The public is further urged to report any individuals demanding 5 cedis as daily fees to the relevant authorities for immediate action.

The KMA remains committed to transparency and fairness in its dealings with traders and will not allow any unauthorized actions intended to create confusion and dissatisfaction.

For further clarification, traders and the general public may contact the KMA office.

Signed:
Abass Nurudeen,Esq.
ARCO

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