|
Drivers and traders in Kumasi appeal for coins
Kumasi, Jan. 05, Ghanadot/GNA - Some traders and commercial
drivers in the Kumasi metropolis have appealed to the Bank
of Ghana (BoG) to compel commercial and rural banks to make
available enough coins in the system to facilitate business
transaction.
They suggested that the banks should dispatch some of their
mobile vans to vantage points in the metropolis to make it
easy for the public to exchange notes for the coins that
they said were in limited supply.
They mentioned in particular the one, five and 10 pesewa
coins as some of the denominations that were hard to come
by.
Some of the traders and drivers the Ghana News Agency spoke
to in Kumasi on Friday complained about the persistent clash
between passengers, drivers, sellers and buyers over coins
ever since the old currency ceased to be legal tender.
The situation has also compelled sachet iced water sellers
to sell at five pesewas instead of four pesewas.
Nana Kwame Gyimah, a tro-tro driver, said as much as the
re-denomination of the cedi was necessary, the BoG should
work hard to ensure that all bottlenecks impeding the
success of the exercise were addressed to enhance business
activities.
The shortage of the coins, he said, was a recipe for
malpractices as it could give room for illegal sale of the
coins by unscrupulous citizens along the streets.
Madam Rita Adjei, a trader, suggested to the banks to pay
part of the money withdrawn by their customers in coins to
ensure their free flow in the system.
An accountant at the Bosomtwe-Rural Bank at Kuntanase has
attributed the shortage of the coins to people's refusal to
accept them when the coins were introduced during the
re-denomination exercise.
He said the BoG was doing everything possible to ensure mass
circulation of the smaller coins and appealed to petty
traders and commercial drivers to go to the banks to
exchange for the coins.
GNA
|
