If hotels, landlords, ports and gov’t agencies quote their rates in dollars, why are we surprised about the fall of the cedi-KSM

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Satirist and actor, Kwaku Sintim-Misa popularly known as KSM is blaming the free fall of the local currency, the cedi to the dollarization of the Ghanaian economy.

According to him, the mere fact that almost every important service provided in the country is quoted in dollars is reason enough for the dollar to remain superior to the cedi.

The talk-show host and author took to his twitter handle to express his view on why the cedi has fallen to its lowest.

Read his post below.


Source: BestNewsGH.com


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Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

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