Traders at the Kejetia market have an accumulated debt of ¢5.8 million to settle, being bills and levies for services offered by contractors at the market.
The electricity company alone is owed an amount in excess of ¢2.1million.
The debt was accrued between May and September 2021 after the traders refused to pay bills and levies to market managers, in protest against the delay in securing meters for each of the 7,800 stalls in the market.
The Kejetia Market was plunged into darkness on Wednesday after the Electricity Company of Ghana (ECG) cut power due to accumulated debts.
The first floor of the Market was heavily affected, bringing business to a standstill for close to six hours. An intervention by the City Mayor got the facility reconnected to the national grid.
Samuel Pyne met the traders after their agitation for possible resolution.
The Mayor sought to get the traders to start paying their accumulated debts, while they await installation of separate meters.
The traders, however, insist management of the market must first sign the contract for the installation of separate meters before they start paying the debts.
Businesses at the facility own ECG in excess of 2.1million cedis, accumulated bills for the past 5months.
Luv News checks reveal ECG may cut off power to the market again on Tuesday, October 19, 2021, if they fail to defray part of the debts.
Operations Manager for Kejetia Traders Association, Ahmed Kwarteng, insists they will only start paying when Management of the Kumasi City Market signs a contract for separate meters.
They want City Mayor, Samuel Pyne to prevail on ECG to extend the grace period for repayment.
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