• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, August 27, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Ashanti REGSEC Instructs Current Management to Step Aside

March 24, 2025
Aneba Felix Awonosuaby Aneba Felix Awonosua
in General News
0
Ashanti REGSEC Instructs Current Management to Step Aside

Nana Prempeh, President of Kejetia Traders Association

The Ashanti Regional Security Council (REGSEC) has instructed the current management of the Kumasi City Market to step aside citing persistent inefficiencies.

The decision follows the instructions of the traders’ council leaders, who have called for a complete restructuring of the market’s administration.

 According to the traders, poor management has led to worsening conditions, making it difficult for them to operate smoothly.

RelatedPosts

IMANI Pushes Retail Reform Amid Policy Shift

Judiciary not Under Attack: NDC Chairman Denies Plot to Oust CJ

High Commissioner Eyes Return of South African Retail Giants, Ambassadors to Face KPIs

”We raised concerns that it would be deemed fit for each shop owner to get his or her meter. Of the 7,200 shops, the administrative block and all other rooms within the facility are hooked to one meter.’’

Nana Prempeh, President of Kejetia Traders Association

A key issue fueling their frustration is the long-standing power crisis. The traders insist they regularly pay their monthly electricity bills to market management, yet the facility reportedly owes the Electricity Company of Ghana (ECG) over GHS 2,000,000 in arrears. This has resulted in frequent power outages, disrupting their businesses and making trading conditions unbearable.

Beyond the electricity crisis, the Secretary of Kumasi City Market Traders’ Union Micheal Adu Gyamfi speaking on the situation raised concerns about the poor state of infrastructure within the market. They accused the current management of failing to maintain the facility, leaving them to work under unsafe and deteriorating conditions.

“We are of the view that there should be a total overhaul and a total reform so that we can open a new bid for us to get the maximum benefits that we are desiring from the market.’’

Micheal Adu Gyamfi Secretary of Kumasi City Market Traders’ Union

The traders argued that a competitive and transparent bidding process should be conducted to appoint a new management team that is more competent and responsive to their concerns.

Kumasi City Market

Regional Minister Intervenes

Following the traders’ petition, the Ashanti Regional Coordinating Council (ARCC) has taken decisive action by asking the market’s current management to step aside. In response to the crisis, an interim management committee has been established to oversee market operations until a substantive Kumasi Mayor is appointed.

In a statement signed by Dr. Frank Amoakohene, the Ashanti Regional Minister, the Coordinating Council acknowledged receiving multiple complaints from traders and other stakeholders regarding the poor management of the market. The statement emphasized the need for a thorough investigation into the allegations raised.

To ensure a thorough investigation into the allegations, the current management has been asked to step aside, and an interim management committee has been formed.

The newly formed interim management committee is expected to address the traders’ grievances and ensure the smooth operation of the market. Some of the key issues that require immediate attention include; Resolving the electricity debt crisis ensuring a stable power supply and implementing individual electricity meters for traders to prevent unfair billing.

Ashanti Regional Minister Frank Amoakohene
Dr. Frank Amoakohene Ashanti Regional Minister

Also, it calls for addressing structural deficiencies by conducting necessary repairs to improve safety.

Traders are hopeful that the interim committee will take their concerns seriously and work towards sustainable solutions.

The Kumasi City Market has long been a vital commercial hub, but ongoing mismanagement has created significant challenges for traders.

Their demand for change has finally led to the intervention of the Ashanti Regional Coordinating Council, which has set up an interim management committee to address the market’s pressing issues.

The coming weeks will be crucial as traders eagerly await improvements in market conditions. With their livelihoods at stake, they expect swift and decisive action to restore order, efficiency, and fairness in managing one of Ghana’s busiest marketplaces while awaiting the appointment of a Mayor.

READ ALSO: Deloitte Flags Revenue Risks in Government’s Tax Cuts

Tags: Grievances and ConcernsKumasi City MarketNana PrempehPresident of Kejetia Traders AssociationSecretary of Kumasi City Market Traders’ UnionTraders
Please login to join discussion
Previous Post

Difficult Negotiations Await Russian And US Delegations 

Next Post

Expertise Meets Loyalty in Thiam’s Presidential Bid

[mc4wp_form id="1264"]

Related Posts

Harris’ Debate Performance Hailed
USA

Trump Imposes 50% Tariff On India Over Russian Oil Imports

August 27, 2025
I’m Not Sure What My Life Would Have Been Like If I Hadn’t Been A Blogger – Zionfelix
Entertainment

Bloggers Urged to Master Modern Digital Skills

August 27, 2025
Retail reform in Ghana
General News

IMANI Pushes Retail Reform Amid Policy Shift

August 27, 2025
National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah
General News

Judiciary not Under Attack: NDC Chairman Denies Plot to Oust CJ

August 27, 2025
Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 
Extractives/Energy

Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 

August 27, 2025
Rihanna’s Fenty Beauty Sponsors WNBA’s New York Liberty
Fashion

Rihanna’s Fenty Beauty Sponsors WNBA’s New York Liberty

August 26, 2025
Harris’ Debate Performance Hailed
USA

Trump Imposes 50% Tariff On India Over Russian Oil Imports

by Comfort AmpomaaAugust 27, 2025
I’m Not Sure What My Life Would Have Been Like If I Hadn’t Been A Blogger – Zionfelix
Entertainment

Bloggers Urged to Master Modern Digital Skills

by Esther Korantemaa OffeiAugust 27, 2025
Retail reform in Ghana
General News

IMANI Pushes Retail Reform Amid Policy Shift

by Lilian AhedorAugust 27, 2025
National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah
General News

Judiciary not Under Attack: NDC Chairman Denies Plot to Oust CJ

by Evans Junior OwuAugust 27, 2025
Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 
Extractives/Energy

Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 

by Prince AgyapongAugust 27, 2025
Rihanna’s Fenty Beauty Sponsors WNBA’s New York Liberty
Fashion

Rihanna’s Fenty Beauty Sponsors WNBA’s New York Liberty

by Esther Korantemaa OffeiAugust 26, 2025
Harris’ Debate Performance Hailed
I’m Not Sure What My Life Would Have Been Like If I Hadn’t Been A Blogger – Zionfelix
Retail reform in Ghana
National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah
Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 
Rihanna’s Fenty Beauty Sponsors WNBA’s New York Liberty
[/vc_row_inner]

Recent News

  • Trump Imposes 50% Tariff On India Over Russian Oil Imports
  • Bloggers Urged to Master Modern Digital Skills
  • IMANI Pushes Retail Reform Amid Policy Shift
  • Judiciary not Under Attack: NDC Chairman Denies Plot to Oust CJ
  • Energy Minister Calls for Bold Partnerships to Finance Africa’s Energy Transition 
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.