26.2 C
Accra
Friday, January 28, 2022
No menu items!

Cocoa farmers in Ghana, Ivory Coast to get $400 more on every tonne cocoa produced

Must Read

Ex-Nigeria coach Rohr might be a surprise candidate for the Ghana job

By Benjamin Willie Graham Former Nigeria coach, Gernot Rohr could have thrown his hat into the race for the Ghana...

Wearing ”G-Strings” could be problematic- Gynecologist

By Godfred Zina A Gynecologist, Dr. Kennedy Tettey Coffie Brightson, says women could get Virginal infections through the wearing of...

Analysts laud government’s move to cut budgetary expenditure by 20%

By Nathaniel Nartey As part of measures to ensure fiscal consolidation by the government, the expenditure budget of the various...

Cocoa farmers in Ghana and Cote d’ivoire will from next year get $400 more on every tonne of cocoa.

This follows an agreement between Ghana and Cote d’ivoire to impose a fixed living income differential of $400 dollars on a tonne on all cocoa contracts sold by either country for the 2020\21 Season.

Ghana and Cote d’ivoire are the largest cocoa producers in the world, responsible for 60 percent of all cocoa production globally. However, both countries who make less than two market prices have subjected farmers to abject poverty.

Speaking at a High Level Dialogue organised by the UNDP in Accra, President Akufo-Addo said despite the agreement, the only way to make more money for both countries and farmers is through value addition to cocoa and a search for new markets.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Ex-Nigeria coach Rohr might be a surprise candidate for the Ghana job

By Benjamin Willie Graham Former Nigeria coach, Gernot Rohr could have thrown his hat into the race for the Ghana...

Wearing ”G-Strings” could be problematic- Gynecologist

By Godfred Zina A Gynecologist, Dr. Kennedy Tettey Coffie Brightson, says women could get Virginal infections through the wearing of wrong underpants. According to him, wearing...

Analysts laud government’s move to cut budgetary expenditure by 20%

By Nathaniel Nartey As part of measures to ensure fiscal consolidation by the government, the expenditure budget of the various Ministries, Departments and Agencies, is...

Ghana FA License D Coaching Course Ends in the Volta Region

Tilda Acorlor The much anticipated Ghana Football Association (GFA) License D Coaching course scheduled for the Volta Region, successfully came to an end last Monday,...

Finance Ministry resolute; Maintains E-Levy at 1.75 %, says any reduction would impact projections

By Rachel Kakraba Deputy Minister of finance, Dr. John Kumah has justified the decision to stop the collection of road tolls in favour of the...

More Articles Like This