• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, August 6, 2025
  • 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

90% of Cocoa Farmers In Ghana Live in Poverty. Farmers Call For A Higher Remuneration

March 5, 2023
Stephen M.Cby Stephen M.C
in Agribusiness, Business
0
90% of Cocoa Farmers In Ghana Live in Poverty. Farmers Call For A Higher Remuneration

Cocoa farming in Ghana

The life of the cocoa industry in Ghana seems to be under threat with 90% of farmers confirmed to be living in poverty. These farmers are thus, calling on the government for a higher remuneration to help attract growers.

According to Uwe Gneiting, Head of Research at OXFAM, research conducted in 2022 revealed that over 90% of cocoa farmers in the country live below the poverty line.

“The findings are quite disturbing. 90% of farmers told us that they were today worse off than they were 3 years ago, considering the incomes and we found a significant decline in production by cocoa farmers over the past 3 harvesting seasons and also just an explosion in the cost of production across the communities.”

Gneiting
DC Headshot booth 174 Uwe 102.2e16d0ba.fill 556x720 c100
Uwe Gneiting, Head of Research at OXFAM

Currently, cocoa farmers in Ghana receive ¢800 for a bag of cocoa, a price they lamented is inadequate considering the hard work and high cost of production involved in cocoa cultivation.

RelatedPosts

COCOBOD CEO Reveals Hidden Cocoa Contract Rollovers Worth Millions

COPEC Rejects Planned 20% Transport Fare Hike 

Lands Minister Urges Stronger Ties Between Large-Scale and Small-Scale Miners 

One of the cocoa farmers, Patrick Newman Quartey, during in a close session said that:

“One of the poorest people in Ghana today is cocoa farmers. When today, farmers just unite and they amplify their voice that they are going to strike, all the nation is going to shut down because everybody eats in the morning and we eat agriculture, we drink agriculture. We are cheating the farmers and are not giving them the respect.

“All the time, farmers have pending debts over them because, the money is not enough. Even to take off the expenses that the farmer may just use on labor costs in the farm, he runs at a lost because the prices are very low.”

Patrick Quartey
Cocoa
A bag of cocoa currently sells at ¢800

Another farmer, Hamphrey Ayisi disclosed that the current price of a bag of cocoa, which weighs 62.5 kg, is currently at ¢800. Before, that is about 3 years ago, Mr. Ayisi said the price was quite minimal but has shot up because of the current inflation, increasing the cost of production.

Salomey Akosua Effa, another cocoa farmer, on her part said that:

“Cocoa production is a very tedious work, and sometimes, you don’t get money to provide the necessary chemicals for the insects that come into your farm. Sometimes, we get them and sometimes, we don’t get them. And because the money is not enough to purchase all these chemicals, we run at a lost. If the government doesn’t consider the way farmers are suffering and comes to assist them, very soon they will stop.”

Salomey Effa

Companies have high ambitions for but lack of investment in the livelihoods of cocoa farmers

The OXFAM Head of Research revealed that chocolatiers or international corporations, which buy the cocoa have failed to improve the livelihoods of farmers.

“When we visit the communities, we have about 3 to 5 companies doing their own projects in the community rather than working together and recreating senergies across.

“The second one is really one of missing investment. Companies have really high ambitions when it comes to raising the incomes of farmers but they really have not invested sufficient resources into their programmes to achieve those. We sometimes come across communities or company agents that are responsible for 50 communities and of course that level of engagement is not sufficient…”

Gneiting

Meanwhile, the government has planned exporting cocoa worth $1 billion by 2025 but with the current crop of farmers opting out, with the reluctance of the youth into the business and production already declining, as to whether government will be able to achieve its target is uncertain?

Cocoa farm 4
The Golden Pod

Cocoa production has been thehttps://www.theafricancourier.de/wp-content/uploads/2019/10/Cocoa-farm-4.jpg backbone of the Ghanaian economy for several decades. Now, with the commodity accounting for about 30% of the country’s total foreign exchange earnings in 2022, cocoa in Ghana was forecast to product ¢3.41 billion to the country’s GDP.

‘The golden pod’ as it is sometimes called is also expected to account for over ¢4billion of GDP by 2025. Despite the enormous contribution of the golden pod to the economy, the farmers who cultivate the cash crop are one of the poorest in the country.

READ ALSO: Use Independence Day Celebrations To Apologize To The Good People Of Volta Region- NDC To Akufo-Addo

Tags: Cocoa industryghanaOxfamUwe Gneiting
Please login to join discussion
Previous Post

Use Independence Day Celebrations To Apologize To The Good People Of Volta Region- NDC To Akufo-Addo

Next Post

John Dramani Mahama Claps Back At Critics Calling On Him To Rebate Ex-Gratia

[mc4wp_form id="1264"]

Related Posts

EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation
Entertainment

EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation

August 5, 2025
BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut
Banking

BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut

August 5, 2025
Dr. Ransford Annetey Abbey, Chief Executive Officer of the Ghana Cocoa Board (COCOBOD)
Agribusiness

COCOBOD CEO Reveals Hidden Cocoa Contract Rollovers Worth Millions

August 5, 2025
Dr. Rashid Pelpuo, Commission, Public
General News

New FWSC Board Tasked to Lead Labour Peace, Wage Reform

August 5, 2025
Cocoa farmers shortchanged?
General News

Cocoa Farmers Shortchanged, Gov’t Criticised Over Pricing

August 5, 2025
Fuse ODG Focuses Beyond Afrobeats Recognition
Entertainment

Fuse ODG Focuses Beyond Afrobeats Recognition

August 5, 2025
EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation
Entertainment

EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation

by Esther Korantemaa OffeiAugust 5, 2025
BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut
Banking

BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut

by Stephen M.CAugust 5, 2025
Dr. Ransford Annetey Abbey, Chief Executive Officer of the Ghana Cocoa Board (COCOBOD)
Agribusiness

COCOBOD CEO Reveals Hidden Cocoa Contract Rollovers Worth Millions

by Evans Junior OwuAugust 5, 2025
Dr. Rashid Pelpuo, Commission, Public
General News

New FWSC Board Tasked to Lead Labour Peace, Wage Reform

by Silas Kafui AssemAugust 5, 2025
Cocoa farmers shortchanged?
General News

Cocoa Farmers Shortchanged, Gov’t Criticised Over Pricing

by Lilian AhedorAugust 5, 2025
Fuse ODG Focuses Beyond Afrobeats Recognition
Entertainment

Fuse ODG Focuses Beyond Afrobeats Recognition

by Esther Korantemaa OffeiAugust 5, 2025
EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation
BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut
Dr. Ransford Annetey Abbey, Chief Executive Officer of the Ghana Cocoa Board (COCOBOD)
Dr. Rashid Pelpuo, Commission, Public
Cocoa farmers shortchanged?
Fuse ODG Focuses Beyond Afrobeats Recognition
[/vc_row_inner]

Recent News

  • EOCO Seizes Lamborghini From Shatta Wale in FBI-backed Asset Recovery Operation
  • BoG Pushes Banks to Expand Credit Access After Major Policy Rate Cut
  • COCOBOD CEO Reveals Hidden Cocoa Contract Rollovers Worth Millions
  • New FWSC Board Tasked to Lead Labour Peace, Wage Reform
  • Cocoa Farmers Shortchanged, Gov’t Criticised Over Pricing
The Vaultz News

Copyright © 2021 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 © 2021 The Vaultz News. All rights reserved.