By: Ernest Kpehe Moibah | Bomi Correspondent
Gold Camp, Gola Konneh District – Grand Cape Mount County | Feb. 25, 2026|Traders in the bustling Gold Camp Market are calling for urgent intervention from the Government of Liberia and the Central Bank of Liberia over the growing circulation of mutilated banknotes, which they say is severely disrupting daily business activities.
Market women say thousands of torn, stained, and worn-out Liberian dollar notes are currently in circulation within the community, slowing transactions and creating tension between buyers and sellers.
Speaking on behalf of the marketers, Madam Zoe Folley described the situation as frustrating and economically damaging. According to her, many small business owners are now struggling to conduct smooth transactions because shop owners and mobile money merchants frequently reject notes with even minor tears or markings.
She explained that when market women attempt to restock goods from larger shops or carry out mobile money transactions, merchants carefully sort through the cash and refuse damaged notes—leaving traders stuck with money that is difficult to reuse.
The practice, she said, has created daily setbacks for petty traders who rely on quick turnover to sustain their businesses and families.
“We are facing serious challenges,” Madam Folley noted, adding that the continued rejection of mutilated currency is affecting customer confidence and slowing down market activities.
The traders are therefore appealing to the Central Bank of Liberia, the Ministry of Finance, and other relevant authorities to urgently replace the damaged banknotes circulating in Gold Camp and surrounding communities in Gola Konneh District.
Gold Camp is one of the largest mining communities in Grand Cape Mount County, hosting operations of Bea Mountain Mining Corporation, and serves as a major commercial center where cash transactions remain dominant.
Local business leaders warn that without swift action to withdraw and replace the mutilated notes, the situation could further weaken small-scale trade and undermine economic stability in the district.
They are urging financial authorities to treat the matter as urgent to restore confidence in the local currency and ease the burden on struggling market women.
