Audio By Carbonatix
The Registered Tenants Association of Accra Mall is accusing management of the Mall for quoting rent charges in United States dollars, a practice prohibited by the Bank of Ghana.
The Association is also unhappy about what it describe as exorbitant rent charges which is affecting sales negatively.
In a press conference held at the forecourt of the Accra Mall, the President of the Association, Rev. John Baidu Danquah called on management of the mall to reduce the excessive rent charges.
He also appealed to government to come to the Association aid.
“We cannot pay our bills. They charge us in dollars and we are suffering. We employ close to 2000 people and all our staff will go home if we don’t get help. So we are asking the government to come to our aid.
“We pay rent in dollars while we sell in cedis and it is not helping us. We are suffering here.
"They should reduce the rent. Anytime we petition management about our plight, that’s when they send threatening messages”, he fumed.
Mr. Danquah further indicated that the poor treatment by the management of Accra Mall, including inadequate compensation, will collapse their businesses if government does not come to their rescue.
“It has really drained the businesses here at the mall. Every shop, every business and every brand is suffering because the rent is just too much. So if we don’t take care, all the businesses are going to run down,” he stated.
The tenants are also calling for a reduction in rent charges with appropriate compensation as Covid-19 impacts negatively on their businesses.
In a letter sent to tenants of the Mall by management and cited by Joy Business, it indicates that tenants must pay their “Lease Agreement” to which the amount is quoted in dollars as $62, 279, 24 within three days.
Latest Stories
-
Padel for Parkinson’s cycling event promotes awareness at University of Ghana
1 minute -
GPL 2025/26:Samuel Tetteh brace fires Nations FC past Basake Holy Stars
10 minutes -
Ghana’s oil trade position close to net neutral in near term – Fitch
32 minutes -
IMANI Africa President urges greater awareness and support for Parkinson’s Disease patients
42 minutes -
T-bills: Government records 29% undersubscription; interest rates continue to surge
44 minutes -
Perceptions of Judicial partisanship ‘unfortunate’ – Justice Adjei-Frimpong urges greater public engagement to build trust
47 minutes -
Ghana to honour Christina Hammock Koch for historic Artemis II mission
2 hours -
Supreme Court appointments require more than 15 years’ experience – Justice Adjei-Frimpong
2 hours -
Fire destroys 3-bedroom house at Bogyawe
2 hours -
Why the Supreme Court is a “policy court” – Justice Richard Adjei-Frimpong breaks it down
3 hours -
Playback: The Law discussed Supreme Court @150
4 hours -
MTN Momo staff walk to promote wellness and fitness
4 hours -
Assafuah: Sedina Attionu’s return from Nevada will test government’s commitment to accountability
4 hours -
How GRA’s Modified Taxation Scheme is boosting revenue compliance & SMEs competitiveness
4 hours -
Stonebwoy Can Do It: A call to unite behind 2026 BHIM Fest
5 hours