Commercial stores and shops at Hohoe flout Bank's directive

Hohoe, May 15, GNA- Commercial stores and shops at Hohoe in the Volta Region, continue to flout the Bank of Ghana's directive, which asked for the simultaneous display of prices of wares in the old and new Ghana cedis with the exception of Melcom Stores. At the Melcom stores, prices have been exclusively synchronized when the Ghana News Agency visited the commercial establishments at Hohoe to assess the situation.

An Optima Standing fan sold at 725,000 cedis and 72.5 Ghana Cedis, prices on tag for 29 inches Sanyo television attracted 3,290,000 cedis an equivalence of 329 Ghana Cedis.

Ms Juliet Agboyo, Assistant Manageress of Melcom said management heeded to the May 1 directive as their contribution to facilitating the education processes toward the change over in July, this year.

A total of 10 stores whose proprietors and proprietress could not provide any excuse however promised to comply with the directive even though they displayed the conversion charts and specimen of the new cedi notes. Fuel stations and hotels also failed to conform to the directive. May 15, 07