Interest Rate Is Killing Private Business

A businessman in the Sunyani Municipality, Nana Osei, popularly known as ‘Born to Win,’ has disclosed that most private businesses are crumbling because of high interest rates charged by banks.
He therefore called on government to take measures to stop the collapse of private businesses in the country.
“Private businesses are the once helping the country’s economy move forward so if they die off the country will come to a standstill,” he opined.
Nana Osei, in an interview with CITY & BUSINESS GUIDE  during the inauguration of his fuel station, Jusbro Petroleum Limited at Fiapre, near Sunyani, called on banks and government to provide private businesses with loans in order to employ more people.
He also asked government to encourage private operators in the country to develop the country.
Mr. Osei said his outfit will employ more youth in the Sunyani Municipality to create jobs in Sunyani, the Brong Ahafo regional capital.
He promised to offer quality services in the petroleum business in the region.
Born to win used the occasion to appeal to the newly appointed Brong Ahafo Regional Minister, Paul Evans Aidoo and the Sunyani West District Chief Executive to remove the tollbooth at Fiapre to lessen the burden of drivers and passengers.
From Vivianna Mensah, Sunyani