Otabil: Gloating Over Cedi Stability Sign Of “Weak Faith”


Head Pastor of the International Central Gospel Church, Mensa Otabil says the seeming excitement of some Ghanaians over the stability of the local currency-The Cedi- against the major trading currencies, especially the Dollar is a sign of weak faith.

According to him, Ghanaians appear concerned about the performance of the Cedi because their faith is centered on what they see in the physical as against what the bible teaches.

“The Cedi value goes high; we are dying, the Cedi value now improves; hallelujah it’s a breakthrough; weak faith. Weak faith is faith that is not built on the word of God but the senses” the motivational speaker told his congregation on Sunday September 28.

He added :“Weak faith is controlled by the senses. You get up in the morning you feel good; you say this is the day the Lord has made, I believe I will prosper. You get up in the morning; you feel bad, you say I bind all the witches in my family and I cast them out”

The Cedi which saw close to a 40% depreciation against the dollar over the last few months, has started appreciating against some of the major trading currencies, including the dollar.

Checks on inter-bank rates in Accra established that on the average, one dollar was bought at GH¢ 3.1, and sold for GH¢3.45; One pound was bought at GH¢5.2, and sold for GH¢ 5.6, while an Euro was also bought at GH¢ 4.1, and sold for GH¢4.4.

Dr Otabil recently came under avalanche of criticisms from government communicators for suggesting that the Cedi may fall as much as Gh¢10 to a Dollar.

According to him, Christians must learn to make their life projections in faith instead of things happening around them.

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