- On Thursday, 18 August 2022, YEN.com.gh reported on the Cedi being ranked the worst performing currency in the world, only outdoing the Sri Lankan Rupee
- It fell further on Thursday against major trading currencies, with 1 dollar selling at 10.1 cedis at forex bureaus
- Some Ghanaian celebrities shared their thoughts on the economic situation on social media, some using memes and videos
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This week, Ghanaians have been hit with shocking news about the performance of the Cedi against major trading currencies. From Bloomberg declaring the Cedi the world’s worst performing currency to the local currency crossing the 10 Cedis mark, Ghanaians have not been given breathing space.
Filled with anger, disappointment and shock, Ghanaians have been reacting to the economic situation on social media. Many netizens have reposted videos of President Nana Akufo-Addo and Vice President Dr Mahamudu Bawumia promising Ghanaians financial stability in their tenure of office.
Some Ghanaian musicians and personalities have added their voices to the discourse in a rather light mode.
On Facebook, social commentator and politician Kwame A Plus has been quite vocal about the issue. His posts range from old videos and Bible verses to screenshots of news items where Akufo-Addo is quoted saying he will look up to God for economic salvation. On the side of the collage is a 2014 quote from Pastor Mensah Otabil explaining that prayers won’t change Ghana’s economy.
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2. John Dumelo:
Ghanaian rapper M.anifest joined the conversation in four words.
The Dollar. The Cedi
Nana Aba Anamoah laments about the cost of groundnut, video sparks reactions from many other Ghanaians
However, he used the viral Kenyan race car meme to buttress his point.
4. Captain Planet:
Captain Planet of 4X4 fame shared a picture of a 100-dollar note against its equivalent in Cedis. Adding two laughing emojis, he captioned it;
1 hundred dollar note is worth a thousand Ghana Cedis and above ei
5. Nana Aba Anamoah
Last on the list is broadcaster Nana Aba Anamoah who called the dollar out for being rude. Also, reacting to her colleague Serwaa Amihere’s tweet about the new rate, she wrote,
Which musician opens his lines with “this is crazy chaaale?” We need him asap.
A Plus Shows Off New Car At Nana Ama McBrown’s Birthday Party
A Plus pulled up in a blue Ford Raptor to Nana Ama McBrown’s birthday party in Kumasi. The highlife artiste was dressed in white as he drove the new car, which was not licensed to a Ghanaian number plate.
Bawumia shows off Serena Williams's skills on the tennis court on National Fitness Day, Ghanaians compare his skills to how he runs the economy
The highlife artiste revealed it was the fourth car he had purchased this year amidst admiration and criticism from fans.
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