Following the appreciation of the Ghana cedi against the US dollar, actor Prince David Osei has shelved his plans to host a demonstration against the government.
In a post on Twitter, Prince David who is known to support the NPP and President Akufo-Addo noted that the cedi is performing “remarkably” well.
For this reason, he believes that there is no need for a demonstration as earlier stated in his rants about the economy earlier in the year.
“Hallelujah the Cedi is appreciating remarkably. 9.56ghc to a 1$.. No more demonstrations 😀😀 remember I gave an ultimatum for December!!" Prince David Osei wrote.
In October 2022, the actor threatened the government that he would stage a non-partisan demonstration by December if the economic challenges continued.
In an Instagram post, the TV personality said even though the youth are investing their maximum efforts, they are still finding it difficult to make ends meet.
Given the situation, the actor expressed his disappointment in the current regime and warned that he will be part of a demonstration if the economic situation does not change for the better.
However, in his post on Wednesday, Prince David Osei said the economy, gradually, has seen an improvement as compared to the previous months.
Hallelujah the Cedi is appreciating remarkably. 9.56ghc to a 1$.. No more demonstrations 😀😀 remember I gave an ultimatum for December!! The economy is gradually getting back on track!! Now we need to see the effect in our daily lives, goods and services.. God bless 🇬🇭❤️
— H.E Prince David Osei (@PrinceDavidOsei) December 14, 2022
“The economy is gradually getting back on track!! Now we need to see the effect in our daily lives, goods and services…God bless Ghana,” he wrote.
Meanwhile, in official reports, the Ghana cedi has in less than five hours, December 14, 2022, gained 5.6% value against the US dollar, resulting in a cumulative gain of approximately 33.6% in the month of December alone.
$1 is now trading at an average rate of ¢10.70 with a market range spanning GH¢10.70 to GH¢11.28.
This puts the cedi as the strongest performing currency against the American ‘greenback’ in December 2022.
Latest Stories
-
Zeepay secures additional $3m from Verdant Capital Hybrid Fund
3 mins -
Over 70% of power outages were due to planned maintenance works – ECG to PURC
6 mins -
Access Bank partners Horseman Shoes to boost local shoe manufacturing industry
18 mins -
Election 2024: Don’t vote for candidates making empty promises – CDD to Ghanaians
22 mins -
IGP shares Easter safety tips on Adom FM’s ‘Ofie Kwanso’
48 mins -
Ebo Whyte offers fully-funded trip as he unveils new play ‘Dubai or No Sex’
59 mins -
Ancient culture of Anlo Kingdom: Exploring “Torkor Atorlia,” the fifth landing stage’s old ways of punishment
1 hour -
Leaders from Saudi Arabia, Turkey, Botswana, Cameroon and Sierra Leone to lead discussions at Africa Finance Corporation’s (AFC) 4th Country & Stakeholder Symposium
2 hours -
Network International Delivers Strong 2023 Revenue growth at 15% y/y and free cashflow growth of 16% y/y
2 hours -
President Akufo-Addo extends Easter Greetings to Ghanaians, urges safe drive
2 hours -
Government pushes for use of more local materials in housing, other infrastructure projects
2 hours -
Dr Bawumia extends Easter greetings to Christians
3 hours -
CAF Confederation Cup: ‘Ghanaians should expect victory against Stade Malien’ – Dreams FC forward Ishmael Dede
3 hours -
CAF Confederation Cup: ‘We want to go there and win’ – Karim Zito on Stade Malian clash
4 hours -
Togbe Adzie Lãkle Howusu XII endorses youth leadership as New Force Movement gains momentum
4 hours