Business News of Saturday, 11 March 2017
Source: Classfmonline.com
2017-03-11
New GHC5 note
Some users of public transport have complained to classfmonline.com that most ‘trotro’ mates are refusing to recognise the new GHS5 banknote as legal tender.
According to the passengers, the mates see the new note more as a collector’s item than legal tender, thus rejecting it, which sometimes leads to confrontations.
According to the passengers, when they present the new banknote to pay for their fares, they are asked to pay with the old GHS5 note, change the denomination, or get down from the vehicle.
The GHS5 was introduced as part of the Central Bank’s 60th anniversary, which fell on March 4, this year.
The note depicts the image of Ghanaian missionary James Kwegyir Aggrey, credited for being one of the apostles of education in the then Gold Coast.
