Absa Bank has demonstrated its commitment to supporting small businesses by donating GH¢150,000 to support traders affected by the devastating fire on January 2.
The donation comprised GH¢100,000 in cash and GH¢50,000 worth of roofing sheets to aid the rebuilding efforts of the traders.
The brief presentation at the Kantamanto market was attended by officials of Absa Bank and representatives of all the trading associations in Kantamanto.

Kobla Nyaletey, Executive Director, Retail and Business Banking at Absa Bank Ghana during his remarks, expressed deep sympathy for the traders' losses and emphasized Absa Bank's proactive support in his address.
Mr Nyaletey outlined three key initiatives for the traders: a donation of GH¢150,000, offering loans to traders at a favourable 10% interest rate, and establishing an Absa presence within Kantamanto Market to facilitate seamless transactions.
The Director of SME, Agency Banking, and Partnerships at Absa Bank, Audrey Abakah, also highlighted the bank’s commitment to supporting traders through innovative financial solutions.
“As a bank that cares and seeks to empower Africa’s tomorrow, we could not sit idly by but felt compelled to meet with the executives of the Second-Hand Used Clothing Association to make a donation and present specially designed packages for wholesalers and traders.”

Dr Joseph Obeng, president of the Ghana Union of Traders Association (GUTA), expressed gratitude for the bank’s swift intervention, saying,"'We thank Absa for listening to our cry and coming to help us.
"Absa has once again proven to be a friend of traders. The support Absa has given us today shows the integrity of the bank.”
“We will use the money to rebuild Kantamanto and not for anything else,” added Dr. Obeng.
Latest Stories
-
Ministerial vetting: Some MPs behave as if they’ve ‘drunk something’ – Battor Mankrado
4 hours -
Commander Sabina Dennison takes command of Ghana Navy Supply Base in Takoradi
8 hours -
Bimbilla SHS students struggle amidst severe water crisis
8 hours -
Mahama working to bring Mali, others back to ECOWAS – Ablakwa
11 hours -
Ashaiman military brutality: Battor Mankrado urges Mahama to hold perpetrators accountable
11 hours -
Kantamanto, Techiman markets bounce back after devastating fire outbreak
11 hours -
Security arrangement to be ‘standardized’ going forward – DCOP Lydia Donkor
11 hours -
Miguel Jiménez crowned champion of 49th Hassan II Golf Trophy
11 hours -
At least 30 missing after China landslide
12 hours -
Mustapha Gbande’s appointment sparks excitement among NDC’s grassroot
13 hours -
Judge blocks Musk team access to Treasury Department records
13 hours -
England’s Cara Gainer wins 2025 Lalla Meryem Cup in thrilling play-Off
13 hours -
Luv FM hosts successful 2025 edition of health walk in Kumasi
14 hours -
Gov’t suspends National Roads Authority Act for broader stakeholder consultations
14 hours -
BCI re-iterates calls on government to include cancer patients in LEAP program
14 hours