date:May 25, 2016
eans that taking out a loan is the equivalent of putting your business up for sale. Another consequence of this interest rate is that Ghana cant hope to compete with other African countries in the export to the European Union. The EU is a common market for African produce, which means that the EU treats all exporting countries equally. But how are we supposed to export as equals when we have to deal with a 40% interest rate?
In spite of all this, Basan George is still optimistic about th