Deputy Minister for Finance, Dr. John Kumah has insisted that the Ghanaian Cedi is the 3rd strongest in Africa currently.
Dr. Kumah made this assertion earlier and it became a subject of ridicule, especially coming at a time when the local currency was ranked as the worst performing in the world apart from the Sri Lankan Rupee.
Respected investigative journalist and the Fourth Estate online portal have fact checked the claims of the deputy minister and passed a completely false verdict on it.
However in a rebuttal on facebook, Dr. Kumah insists that the cedi is 3rd strongest in Africa and challenges Manasseh and the Fourth Estate to re-do their fact checking.
John Kumah’s Facebook post
Response to The Fourth Estate and Manasseh Azure Awuni on the strongest cedi in Africa
The Fourth Estate and Manasseh Azure seems to have lost its fact-checking kit or they have simply decided to be creating content for click bait purposes.
A simple google check and referencing the rate at which other currencies are depreciating against the dollar will have shown that the Cedi in terms of value is indeed the third strongest currency in Africa.
I challenge them to name any currency in Africa that is stronger than the Cedi apart from the Tunisian Dinar and Libyan Dinar.
Since they are failing to leave up to their fact-checking capabilities, I have attached reports from multiple portals for their education.
I will also like to say and don’t take it only from me, you can simple google to find out Which currency is the third strongest currency in Africa. From there, you can take a decision on which of us is false and which of us specializes in speculation, propaganda, wrong reportage, exaggerated publications, misinformation and black lies.