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Amos Aboagye

2 years ago

TRADERS BLAME A CONTRACTOR FOR THE FLOODING IN KUMASI'S CENTRAL MARKET.

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2 years ago



Traders blame a contractor for the flooding in Kumasi's central market.


Following a heavy downpour on Sunday, September 25, 2022, floods have taken over approximately 400 shops at the Kumasi Central Market in the Kumasi Metropolis of the Ashanti region.

Floods at the market, popularly known as 'Nkyensen Adwasuo,' destroyed goods worth thousands of Ghana Cedis.


Cooking utensils, shoes, and rubbers were among the items destroyed by the flood.


The traders who had begun counting their losses when Class FM's Ashanti Regional Correspondent, Elisha Adarkwah, visited the market blamed the flooding on the contractor working on the Central Market redevelopment project.

They claimed that the contractor had blocked all drainage systems in the market, resulting in the flooding.


The traders want the government to step in and force the contractor to unblock the drainage system, allowing flood waters to flow freely into the drainage systems.


They also pleaded with the government and the National Disaster Management Organization (NADMO) to assist them in resuming operations.


read also: Covid-19 relief program: Loan repayment begins; over GHS20 million received


Kosi Antwiwaa Yankey, CEO of the Ghana Enterprises Agency, has revealed that repayments for government loans made to businesses through her organization have begun.

She hinted that people who took out loans had received more than GHS20 million cedis.


In 2020, President of the Republic of Ghana Nana Addo Dankwa Akufo-Addo announced that the government had put in place a GH600 million soft loan scheme with a two-year repayment plan to support micro, small, and medium-sized businesses under the Coronavirus Alleviation Programme.


Following the outbreak of COVID-19 in Ghana and the partial lockdown of Accra and Kumasi as a result of the disease, most businesses in major economic hubs were rendered inactive, limiting most citizens' income.


Kosi Antwiwaa Yankey revealed in an exclusive interview with Atinka FM's AM Drive host Kaakyire Ofori Ayim that the government, through the Ghana Enterprises Agency, supported over 300,000 Ghanaians during the Covid-19 outbreak.


She added that, in addition to the 300,000 people, the Ghana Enterprises Agency supported 200,000 people through the Master Card Foundation.

Antwiwaa Yankey went on to say that according to a study conducted by the Ghana Statistical Service, the UNDP, and the World Bank, the revenue of SMEs that received funding in the third wave of Covid-19 increased by 22%.


She also denied that her organization only supported members of the New Patriotic Party (NPP).


According to her, over 900,000 people applied for the grants and loans, and she could not have selected only NPP members.


"Some people provided incorrect information in their applications, which contributed to their disqualification," she added.

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