For years now, cocoa farmers income from the sector has kept decreasing while the cost of production and living has kept increasing. Cocoa farmers, who ignited an industry worth over £131bn, are unable to afford the quality of life enjoyed by even the lowest-paid person working in the cocoa...
As part of efforts to encourage the consumption of chocolate, the Ghana Cocoa Board (COCOBOD) has launched the 2021 National Chocolate Week. The 2021 edition, which is under the theme: “Eat Chocolate; Stay Healthy; Grow Ghana”. will start from February 8 and will climax on Valentine’s Day, which is the 14th. COCOBOD...
The Ghana Cocoa Board (COCOBOD) is to appear before Parliament over non-payment to cocoa farmers through their respective Licensed Buying Companies (LBC) for the period of the 2020/21 crop season. First Deputy Speaker Joseph Osei-Owusu gave the directive in a reaction, after a statement by Mr Kofi Adams, MP for...
Productivity is commonly defined as a ratio between the output volume and the volume of inputs. In other words, it measures how efficiently production inputs, such as labour and capital, are being used is an economy to produce a given level of output. Usually, increase in productivity in very...
Records further loss of US$4.3m in 2019 Shareholders still awaiting dividends after many years Cocoa Processing Company (CPC) Limited hopes to take advantage of the African Continental Free Trade Area (AfCFTA) agreement to turn around the ill-fortunes which have beset the company for many years - leading to the...
  Cocoa farmers only earn about 6% of the chocolate industry’s total revenues Recent studies criticising the global chocolate industry for exploitative practices have concerned ethical consumers. Cocoa farmers only earn about 6% of the chocolate industry’s total revenues. Leading chocolate companies have since 2001 made pledges to end widespread abusive...
Chocolate is certainly not a “JJC” (Johnny Just Came) consumable in the world’s list of delicacies. Made from cocoa, chocolate has been around for about 5000 years, evolving through various civilizations and processing phases into a big time delectable industry (cultivation, processing and consumption) today, with a retail market...
About 1.5 million farmers to benefit Guarantees a lump-sum payment to Cocoa Farmers upon retirement President Nana Addo Dankwa Akufo-Addo has launched the Cocoa Farmers’ Pension Scheme, which is expected to benefit an estimated 1.5 million cocoa farmers across the country. Introducing the ‘3rd-tier retirement’ scheme ends the long-awaited call...
It was just three years ago that Mr Emmanuel Eyisi, a member of Cooperative Cocoa Farmers and Marketing Union (CCP) in the Suhum Kraboa Coaltar District had his six-acre cocoa farm ravaged by indiscriminate bush fires. He had invested all his resources and his cocoa trees had pods nearing maturity...
It was just three years ago that Mr Emmanuel Eyisi, a member of Cooperative Cocoa Farmers and Marketing Union (CCP) in the Suhum Kraboa Coaltar District had his six-acre cocoa farm ravaged by indiscriminate bush fires. He had invested all his resources and his cocoa trees had pods nearing maturity...