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Kantamanto traders reconsider insurance after devastating fire - Ghana Business News

Summary by Ghana Business News
Traders affected by the Kantamanto Market fire have expressed regret over their decision not to insure their businesses, prompting a change in perspective. In interviews with the Ghana News Agency on Friday, the traders—many of whom lost goods and stalls—acknowledged underestimating the importance of insurance until the disaster struck. While some traders cited complicated registration processes and delays in claims, others revealed concerns tha…
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Ghana Business NewsGhana Business News

Kantamanto traders reconsider insurance after devastating fire - Ghana Business News

Traders affected by the Kantamanto Market fire have expressed regret over their decision not to insure their businesses, prompting a change in perspective. In interviews with the Ghana News Agency on Friday, the traders—many of whom lost goods and stalls—acknowledged underestimating the importance of insurance until the disaster struck. While some traders cited complicated registration processes and delays in claims, others revealed concerns tha…

·Accra Metropolis, Ghana
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The Vaultz NewsThe Vaultz News

Concerns Over Kantamanto Market Fire Safety and Insurance

Insurance professional Ernest Frimpong has raised concerns over the lack of proper planning and preventive measures in the rebuilding of Kantamanto Market following the recent fire outbreak. He has criticized the manner in which traders rushed to reconstruct the market, warning that the absence of structured planning could expose the area to future fire disasters. “I believe that the rebuilding of the market should have been coordinated and mor…

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The Vaultz News broke the news in on Friday, April 4, 2025.
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