Traders at Kantamanto Market will now pay an annual Business Operating Permit (BOP) fee of GHC100 per shop following a new agreement with the Accra Metropolitan Assembly.
The agreement was reached between the AMA and the Kantamanto Obroniwawu Businesses Association (KOBA).
The reduced fee took effect on May 11, 2026.
The new arrangement aims to ease the financial burden on traders still recovering from the January 2025 fire that destroyed nearly 60 per cent of the market.
In a joint statement, KOBA General Secretary Adwutuwwm Atta Manu said months of discussions led to the agreement.
He noted that many traders continue to struggle because of rising bale prices and the declining quality of second-hand clothing.
“We are aware of many financial constraints impacting our members, from increased bale prices. We are happy to have reached this agreement with AMA,” he said.
Mr Atta Manu said the agreement would save traders a total of GHC524 compared to previous charges.
He described the outcome as a sign of the strong relationship between KOBA and the AMA.
“The result is a testament to our strong working relationship with AMA and our unwavering commitment to acting in the best interests of those we represent,” he added.
He also encouraged traders to continue cooperating with the AMA to support the market’s recovery and future growth.
