One Pesewa Coin Is Still Legal Tender - Deputy Governor

A Deputy Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has debunked the notion that the one Ghana pesewa coin is no longer legal tender.

Many traders, especially sachet water sellers, are refusing to accept the coin.

Commenting on this when he addressed a section of the media in Kumasi, during an annual health walk by the BoG Senior Staff Association (BoGSSA), Dr. Asiama said “the one Ghana pesewa coin is still legal tender and the public must patronise and accept it for any business transactions within the confines of the country”.

“As far as I know, the one Ghana pesewa coin is still legal tender and until we announce otherwise, it is in the system, we have not withdrawn it,” he stated.

Dr. Asiama noted that, “it costs the Central bank a lot of money to print the cedi notes, likewise replacing them when they get spoilt, and so it is necessary to educate the public on how to handle them.

“We think that it is important to carry the message on keeping the cedi clean out there, because it costs us a lot of money to make these notes, and so if you go to the church and you squeeze the note when you want to drop an offering, remember that it is costing us a lot of money to replace them when they get torn”.

He said the campaign, running on the wheels of ‘The Clean Note Policy’ of the bank, was to restore and promote confidence in the cedi notes.

The walk, under the theme, ‘Keep The Cedi Clean’ was the second in a series being held to promote the health of staff of the bank, as well as create the awareness of the public on the need to keep the cedi notes clean.

It took off from the premises of the BoG through the principal streets of Adum to the Rattray Park, with the participants bearing placards with inscriptions such as ‘Keep the cedi clean,’ ‘Do not fold the cedi’ and ‘Do not soil the cedi with oil’among others.

Source: The Ghanaian Times