Connect with us


Kejetia Fires: Traders rush to cash in on late Eid sales




Some Eid Shoppers complained about the prices of goods and foodstuff on the market

Traders at the Kejetia Market had to catch a late wind of Eid sales on Wednesday as the New Market Complex was closed till 10 o’clock.

This was to make room for investigators to cordon off the area which was gutted by fire the night earlier.

For the timely intervention of the Ghana Fire Service, the blaze could have spread beyond a baby care shop and fabric store where the fire started.

With just a few hours to sell to the Eid Celebrants; the traders expressed mixed reactions to sales with a majority complaining of poor patronage.

Ultimate News’ Salimatu Hawini reported that traders at the food market were uncertain how sales will pan out, ahead of the Eid Celebrations.

“I sell natural spices, tin tomatoes and rice. They let us in at 11 o’clock so we are still here waiting for customers. The numbers we expected yesterday and today have been disappointing,” a trader Mavis Kisiwaa Adu lamented.

One area of focus was the hub for hijabs, abaya, fabric, and jewelry located just above the affected floor.

Prices for any of the adornments could range from as low as ten cedis to as high as five hundred cedis. The traders were however unimpressed with this year’s Eid Sales.

“Sales were not good but with the closeness of the Salah, people are picking the ‘mayafi’ and the abaya. They don’t buy the expensive ones so it appears we are losing out on that,” Rehina Gyimah Anass told Salimatu.

Outside the Kejetia Market, traders played the usual hide and seek with the KMA taskforce to sell their merchandise.

Some footwear sellers told Ultimate News but for the harassment of the city guards, the market was good.

“It’s going well but I don’t understand why during X’mas they left us to sell anywhere but it is Salah and the KMA people will not allow us to sell on the streets,” Prince Nsiah fumed.

The chief meat of the Small Eid is chicken. But it appears the sellers might be running losses this year with low patronage.

A hawker Akua Lareba said she has lost 200 cedis as 10 of her birds each costing 20 cedis had died after remaining in the cages for so long without a buyer.

Meanwhile, some Eid Shoppers complained about the prices of goods and foodstuff on the market.

I came to get some rice, food stuff, clothes and footwear but the prices are on the high. Things you could get for 20 cedis are now going for 25 cedis,” Mariama lamented.

“Tomorrow is Salah so we came to buy all we will need so that we can go to worship in the morning. The prices of the clothing and food items is quite high but we don’t have a choice,” Memuna Haruna noted.

Traders who could not make the best of the day would have to look towards the last minute shoppers to rake in some good profit as the Eid lasts.

Source: Salimatu Hawini, Contributor


Here is how the cedi is performing against major foreign currencies as of June 21





The cedi traded against the dollar at a mid-rate of 5.7512

• The cedi traded against the dollar at a mid-rate of 5.7512

• It’s trade value against the Pounds Sterling stands at 7.9450 mid-rate

• The Euro, however, went up at a mid-rate of 6.8242

On the interbank board today, June 21, 2021, the Ghana Cedi is trading against the dollar at a buying price of 5.7483 and a selling price of 5.7541 as compared to last Friday’s trading of a buying price of 5.7483 and a selling price of 5.7541 to open the 25th trade week of the 2021 fiscal year.

Against the Pound Sterling, the cedi is trading at a buying price of 7.9407 and a selling price of 7.9493 as compared to last Friday’s trading of a buying price of 8.0040 and a selling price of 8.0126.

The Euro is trading at a buying price of 6.8208 and a selling price of 6.8275 as compared to last Friday’s trading of a buying price of 6.8468 and a selling price of 6.8536.

The South African Rand is trading at a buying price of 0.4023 and a selling price of 0.4027 as compared to last Friday’s trading of a buying price of 0.4071 and a selling price of 0.4075.

The Nigerian Naira is trading at a buying price of 71.2390 and a selling price of 71.3642 as compared to last Friday’s trading of a buying price of 71.3069 and a selling price of 71.3312.

For the CFA, it is trading at a buying price of 96.0757 and a selling price of 96.1701 as compared to last Friday’s trading of a buying price of 95.7098 and a selling price of 95.8049.

Continue Reading


15 years without research vessel worries fishers





Fishing vessel

Fisher associations in Ghana are worried about the unavailability of a research vessel to conduct examinations on the behaviour of the country’s fish species, particularly in closed seasons.

The associations – comprising the National Fisheries Association of Ghana, the Ghana National Canoe Fishermen Council, Ghana Industrial Trawlers Association and the Ghana Inshore Fishers Association – are intensifying their request for the vessel, as the 2021 fishing closed-season is set to begin from July 1 to August 31.

Globally, fisheries research vessels are used to survey and monitor fish populations in the world’s oceans. The results of their investigations help scientists understand the status and development of fish stocks, and also define measures for their protection.

“The implication is that as fish stocks are expected to multiply and replenish in the closed-season, the biggest threat in the season is migration of these fish into other territories, particularly Togo and Ivory Coast. A research vessel will monitor all these activities in the ocean including water temperatures and conditions of phytoplankton, which serves as food for the fish,” president of the Ghana Inshore Fishers Association, Joseph Quaye, told the B&FT.

Unfortunately, the associations indicated that Ghana has been without a fisheries research vessel for the past 15 years. The situation, according to industry stakeholders, is contributing significantly to Ghana’s depleting fish stocks and worsening the illegal fishing burden confronting the country.

In 2017, government hinted at plans to acquire a research vessel to probe Ghana’s territorial waters domain in order to discover the amount of fish species in it.

Named the Dr. Fridtjof Nansen Research Vessel, it was expected to dock in the country on September 13, 2017 and inaugurated on September 14 the same year. However, till date, Ghana does not have any such advanced research vessel.

Meanwhile, the Director of the Regional Maritime Centre, Professor George Wiafe, has also confirmed that the current research vessel at the Ministry of Fisheries and Aquaculture became unworthy for sea since 1995.

However, the Minister for Fisheries and Aquaculture Development, Mavis Hawa Koomson, told B&FT that government is at advanced stage of procuring a modern, sophisticated fisheries research vessel for the sector.

The minister, who was speaking at the announcement ceremony of the 2021 fishing closed-season in Accra, also revealed that apart from the vessel, government, by close of year will procure four patrol boats to enhance monitoring, control and surveillance activities in Ghana’s marine waters. “These are major strides we are embarking on to fight against all forms of illegal, unreported and unregulated fishing activities in our waters, and to protect our stocks,” she said.


Continue Reading


Heads of State agree to push new ECOWAS single currency to 2027





Dr Jean-Claude Kassi Brou is the President of the ECOWAS Commission

• A new roadmap towards the ECOWAS single currency has been adopted

• The single currency is expected to take off by 2027

• The agreement was arrived at during the 59th Ordinary Session of the ECOWAS in Accra

After many years of planning, a new roadmap to launch the Economic Community of West African States (ECOWAS) single currency in 2027, has been adopted.

This agreement, according to Dr. Jean-Claude Kassi Brou, President of the ECOWAS Commission, was arrived at by all Heads of State of ECOWAS at the 59th Ordinary Summit in Accra, yesterday, reports the GNA.

“Due to the shock of the pandemic, the heads of state had decided to suspend the implementation of the convergence pact in 2020-2021,” Dr. Brou said.

“We have a new road map and a new convergence pact that will cover the period between 2022 and 2026, and 2027 being the launch of the Eco,” he said.

He also added that the Heads of State had requested of the ministerial committee to take a look at the new roadmap and the convergence pact, considering the lessons the coronavirus pandemic has brought on the sub-region.


Continue Reading


Copyright © 2021, The Press Radio Multimedia