New currency coming

The Ghanaian Voice says six months into his presidency, President JAK, is almost ready to fulfill an aspect of his campaign promises.

According to the paper, sources have confided that with the cedi now stable at ?7,300 to the dollar, the situation is now ripe for the change of the current cedi to a new one, in fulfilment of an electioneering promise made by then presidential candidate JAK.

The take-off point is September this year.

"Now that the cedi is almost stable against the major currencies, it is now feasible to restructure the cedi to be at par with those holding the present currency," volunteered a source. The Voice says the arithmetic of the situation is that if you hold the new cedis it will be as good as the dollar.

"If you are paid 7,300 a month, you will get one cedi," it said.