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...
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...
Cargill has reiterated its commitment to a transparent and sustainable cocoa sector which improves the lives of farmers and their communities in the five origin countries where it directly sources cocoa; Ghana, Brazil, Cameroon, Cote d’Ivoire and Indonesia.
The highlights of latest efforts and progress made on this commitment are...
Cocoa remains Ghana`s most important export crop representing nearly 40 percent of total exports. Due to its significant foreign exchange earnings, the Government of Ghana has set up the Ghana Cocoa Board under the Ministry of Finance and Economic Planning to regulate the sector with the hope of ensuring...
The world’s two largest cocoa producers, Ivory Coast and Ghana have created a joint body to improve coordination in research, price setting and the fight against child labour, the Ivorian government said on Thursday.
The two countries, which produce around 60% of the world’s cocoa, have coordinated on some of...
Blame unfair income
Uncompetitive cocoa prices on the international market is forcing cocoa farmers in gold-producing areas to sell farmlands for illegal mining activities, the Ghana Civil-society Cocoa Platform (GCCP) has said.
The situation is rather disturbing, given cocoa has been the main cash crop that has been the backbone...
The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, has said, Ghana’s US$2.5billion annual earnings from cocoa commodity is abysmally low, even though the global market worth over US$100billion.
This, he said, calls for the need to increase domestic value-addition to enable the country, which is the second-largest global...
COCOBOD, from October, 2022 will begin the issuance of electronic cash to farmers for all cocoa purchases, Deputy Chief Executive Officer of COCOBOD, Dr. Emmanuel Opoku has said.
Currently, COCOBOD buys all cocoa with physical cash from farmers across the country, but the trend of paying hard cash to farmers...