Economic crisis

Head of Corporate and Investment Banking at Stanbic Bank, Timothy Mugodi, has said Ghanaians can save some money if they patronize locally manufactured products amidst the soaring inflation rate and economic crisis. The buying of the locally produced goods, he said, will help stabilize the economy. Mr Mugodi, while speaking on Graphic Business-Stanbic Bank Breakfast Meeting in Accra on Wednesday, June 21, 2023, further entreated Ghanaians to be financially literate and adopt a savings culture. The seeking of knowledge in financial literacy he stated will guide and shape both their personal and business lives. He said, "We have to look…