Cocoa

15 Sep

Galamsey Is Affecting Cocoa Production Numbers – COCOBOD

wontumionlineBusinessCocoa, Cocoa prices, Cocoa production, COCOBOD

The Public Affairs Manager at Ghana Cocoa Board (COCOBOD), Fiifi Boafo, says illegal mining (galamsey) is adversely affecting cocoa production numbers. Workers dry cocoa beans in a village. According to him, if the current trend of devastation by illegal miners is not halted, the cocoa sector will suffer severely in the future He further opined that the illegal miners are brazenly taking their activities to huge investments by COCOBOD in cocoa-growing areas across the country. “Some of them actually use other coercive means of taking over the cocoa farms. Some go to the traditional authorities who force usually the migrant…

13 Sep

Cocoa Farmers Demand 30% Increase In Price For 2022/23 Crop Season

wontumionlineBusinessCocoa, Cocoa Day, COCOBOD

Cocoa farmers in Ghana have warned that the country could lose more productive cocoa farms to illegal mining if cocoa prices remain unchanged. The call comes ahead of this year’s Cocoa Day (October 1, 2022), which marks the beginning of the cocoa year. In Ghana, the day is very significant as it coincides with the government’s annual announcement of the cocoa producer or farmgate price for the ensuing cocoa season. A bad signal to cocoa farming Although the government is yet to make any public statement on the matter, unofficial sources have cited Cocobod’s indebtedness as a reason an increment…