<p style="text-align: center"><strong><u>JUDGMENT</u></strong></p><p style="text-align: justify"><strong>S. R. BERNASKO ESSAH (MRS.), J.A.</strong></p><p style="text-align: justify">This is an appeal at the instance of the Plaintiff/Appellant against the ruling of the High Court, delivered on the 26th of May 2020.  The grounds of appeal are as follows:</p><ol><li><p style="text-align: justify"><em>That the trial judge erred in law when he assessed the interest rate chargeable on the judgment debt at the prevailing bank rate.</em></p></li><li><p style="text-align: justify"><em>The learned trial judge misdirected himself on the issue of the chargeable interest rate on the judgment sum entered in favour of Plaintiff/Appellant.</em></p></li></ol><p style="text-align: justify">By way of brief background to the appeal, the Plaintiff doing business in the name and style of Basak Micro-Credit Services, lent money to 1st Defendant/Respondent, a business man based in Tamale and engaged in Shea butter production and marketing. The 2nd Defendant/Respondent guaranteed the due repayment of the loan and interest thereon. The parties signed a loan agreement dated the 24th of October 2019. The 1st defendant having defaulted in the repayment of the loan the Plaintiff instituted an action…</p>