• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, August 6, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Agribusiness

Agric Ministry to Announce New Cocoa Prices Next Week

Maynard Championby Maynard Champion
October 4, 2022
Reading Time: 3 mins read
Add as Preferred on Google
Agric Ministry to Announce New Cocoa Prices Next Week

Cocoa

The Government of Ghana through the Agric Ministry is set to announce a new price for Ghana’s cocoa early next week on the opening day of the crop season when the committee finishes working on the new pricing for farmers.

The Deputy Minister of Food and Agriculture, speaking on behalf of the Agric Minister, Dr Afriyie Akoto, called on cocoa farmers to “exercise restraint as the government works to announce new cocoa prices early next week.”

Delivering an address on behalf of the President of the Cocoa and Coffee Farmers Association, Alhaji Abubakari Alhassan appealed to the government to intensify the galamsey fight to save the sector. According to stakeholders in the sector, the practice, if not checked, can wipe away all the gains by the cocoa sector.

Alhaji Abubakari Alhassan also called on cocoa farmers in the country to help the governments fight against illegal mining by desisting from selling farm lands to illegal miners, popularly known as galamseyers.

ADVERTISEMENT

The government raised concerns about the continuous sale of farmlands, especially cocoa plantations, to illegal miners. It has become evidently clear that the majority of farmers in cocoa-growing areas in the country are now selling off cocoa plantations to illegal miners, who are causing destruction to lands and water bodies.

As a result of the severity of the illegal mining, the European Union (EU) recently threatened to ban cocoa from Ghana if the negative impact of illegal mining on the country’s environment persists. Consequently, the Deputy Chief Executive in charge of Agronomy and Quality Control at COCOBOD, Dr Emmanuel Agyemang Dwomoh, expressed fears about the impact of the development on Ghana’s cocoa sector.

The EU wants to ban Ghana and Côte d’Ivoire, to impose legislative instrument restrictions on the importation of cocoa from Ghana and Côte d’Ivoire. Mr Dwomoh explained that “When you take the satellite images, you will see some places in red. The EU thinks that all those places are red because cocoa is causing land degradation [in Ghana], meanwhile, it is as a result of the galamsey activities.”

The Implementation of Cocoa Farmers Pension Scheme

Mr Peter Mark Manu, the Board Chairman of Cocobod, delivering his address, disclosed that the implementation of the much-awaited Cocoa Farmers Pension Scheme will begin this month, October 2022. The Board Chairman of COCOBOD also called on cocoa farmers to “desist from using children as labourers on cocoa farms and stop the sale of cocoa plantations to illegal miners.”

According to the United Nation, most child labour in cocoa relates to children carrying out hazardous tasks on the family farm, distinct from the much rarer issue of forced labour, and has no one cause. Meanwhile, the United Nations (UN) want to end all forms of child labour by 2025. Around 1.8 million children work in West Africa’s cocoa industry and the earlier Ghana stops using child labour, the higher the value placed on Ghanaian cocoa increases.

ADVERTISEMENT

The Okyehene Amoatia Ofori Panyin, the Overlord of Akyem Abuakwa who was the chairman at the COCOBOD’s 75th anniversary, called for the realignment of Ghana’s interest in the cocoa sector by paying attention to the interest of the cocoa farmer.

READ ALSO: GhIPSS CEO Calls on Ghanaians to Patronise the GhanaPay Platform

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: CocoaCOCOBODEuropean UnionNew PriceUnited Nations
Please login to join discussion
Previous Post

Siemens Healthineers Partners With RAD-AID To Support Radiology Education In Ghana, Kenya And Tanzania

Next Post

No Law Gives Licenses For Small Scale Miners To Mine On River Bodies- GNASSM

Related Posts

Ghana’s Cashew Processing Industry Near Breaking Point
Agribusiness

Ghana’s Cashew Processing Industry Near Breaking Point

August 4, 2026
MPs' in Parliament
Agribusiness

Parliament Passes COCOBOD Bill 2026 to Transform Ghana’s Cocoa Sector

July 31, 2026
New Yara Fertilisers Promise Bigger Harvests
Agribusiness

New Yara Fertilisers Promise Bigger Harvests

July 28, 2026
GCX Moves to End Farmgate Buying by Foreigners
Agribusiness

GCX Moves to End Farmgate Buying by Foreigners

July 23, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

IMF Eases Fiscal Pressure On Ghana's Economy

IMF Eases Fiscal Pressure On Ghana’s Economy

August 6, 2026
Rema, Singer

Rema Announces First 2026 Single TEA Produced by Mustard

August 6, 2026
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation

Trump Rejects Missile Stockpile Claims

August 6, 2026
Ghana Health Service

GHS Renews Call for Stronger National Support on Breastfeeding

August 6, 2026
Economic Fighters League (EFL)

EFL Kicks Against Mass Rectification of Mining Leases

August 6, 2026
ADVERTISEMENT
Next Post
Communications Director of Ghana National Association of Small Scale Miners (GNASSM), Dr Abdul Alhassan, has revealed that the law of the country does not make it possible for miners to operate along river bodies.

No Law Gives Licenses For Small Scale Miners To Mine On River Bodies- GNASSM

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.