Fire guts 54 shops in Kumasi central market; goods and properties destroyed

Fire guts 54 shops in Kumasi central market; goods and properties destroyed

- Fire has swept through about 54 shops at the French Line section of the Kumasi Central Market

- The fire is believed to have started at about 2am on Sunday from one of the container shops and spread to other structures

- Victims of the fire believe that the fire was caused by an electrical fault from one of the shops

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Information reaching YEN.com.gh indicates that fire has swept through about 54 shops at the French Line section of the Kumasi Central Market, destroying goods and properties running to thousands of cedis.

The fire is believed to have started at about 2am on Sunday, October 20, 2019, from one of the container shops and spread to other structures.

Items including empty sacks, cosmetic products as well as food ingredients were burnt in the fire.

The cause of the fire is yet to be established but shop owners are linking the fire to an electrical fault in the area where the fire started.

READ ALSO: Border closure: Ghana trade union calls for boycott of Nigerian products

According to Citi News reports, firefighters were said to have had a hard time dousing the fire as they struggled to get access through the congested marketplace.

Meanwhile, officials of the National Disaster Management Organization, NADMO have said they will collaborate with the fire officers to ascertain the exact cause of the fire.

READ ALSO: Explainer: Why government terminated PDS deal

In other news, the Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has been selected to Chair the Board of Governors of the Bretton Woods Institutions in 2020.

According to a statement from the central bank, the selection of Ghana was done in recognition of the country’s impressive strides, in macroeconomic stability.

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This, the IMF believes, was achieved under the administration of President Akufo Addo.

READ ALSO: Bank of Ghana boss, Ernest Addison appointed to chair IMF/World Bank boards

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Source: Yen

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