Tag Archives: LOANS

Coronavirus: China to exempt some African countries from repaying debt loans

    China’s President Xi Jinping has said his nation will exempt some African countries from repaying zero-interest-rate loans due at the end of 2020. This follows calls by Finance Minister, Ken Ofori-Atta on April 6 2020 urging for a debt relief package from China to ease the economic burden on Africa …

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Boycott loans from Ghanaian Banks – Kennedy Agyapong advises Ghanaian traders

Businessman and Member of Parliament (MP) for Assin Central Constituency, Kennedy Agyapong is advocating that business owners boycott loans from Ghanaian banks over the seeming high interest rates. He believes goods sold by Nigerians and other nationals in Ghana appear to be cheaper because they contract loans with less interest …

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