• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, June 17, 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

Agric Ministry to Announce New Cocoa Prices Next Week

October 4, 2022
Stephen M.Cby Stephen M.C
in Agribusiness
0
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.

RelatedPosts

GFZA Promotes Agribusiness at UK Summit

Mahama Charts Ghana’s Vision to Lead Africa’s Agricultural Transformation 

Hands Off Bank Reserves!– Atuahene Slams COCOBOD’s Cocoa Funding Proposal

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.

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.

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

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

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Jimmy Odukoya Fumes Over Benue Crises
Entertainment

Jimmy Odukoya Fumes Over Benue Crises

June 17, 2025
focus on galamsey and illegal mining
General News

Democracy Hub Sues Govt Over Galamsey Deportations

June 17, 2025
Hearts of Oak Players
Sports

Hearts Set up Committee to Spearhead 2025/26 Recruitment Drive

June 17, 2025
Cedi Stability to Shield Ghana Amid Global Oil Price Shocks 
Extractives/Energy

Cedi Stability to Shield Ghana Amid Global Oil Price Shocks 

June 17, 2025
UK Hits Russia With Tough New Sanctions
UK

UK Hits Russia With Tough New Sanctions

June 17, 2025
Justin Bieber Cancels Remainder Of Justice World Tour
Entertainment

Justin Bieber on Mental, Emotional Struggles

June 17, 2025
Jimmy Odukoya Fumes Over Benue Crises
Entertainment

Jimmy Odukoya Fumes Over Benue Crises

by Esther Korantemaa OffeiJune 17, 2025
focus on galamsey and illegal mining
General News

Democracy Hub Sues Govt Over Galamsey Deportations

by Lilian AhedorJune 17, 2025
Hearts of Oak Players
Sports

Hearts Set up Committee to Spearhead 2025/26 Recruitment Drive

by Evans Junior OwuJune 17, 2025
Cedi Stability to Shield Ghana Amid Global Oil Price Shocks 
Extractives/Energy

Cedi Stability to Shield Ghana Amid Global Oil Price Shocks 

by Prince AgyapongJune 17, 2025
UK Hits Russia With Tough New Sanctions
UK

UK Hits Russia With Tough New Sanctions

by Lawrence AnkutseJune 17, 2025
Justin Bieber Cancels Remainder Of Justice World Tour
Entertainment

Justin Bieber on Mental, Emotional Struggles

by Esther Korantemaa OffeiJune 17, 2025
Jimmy Odukoya Fumes Over Benue Crises
focus on galamsey and illegal mining
Hearts of Oak Players
Cedi Stability to Shield Ghana Amid Global Oil Price Shocks 
UK Hits Russia With Tough New Sanctions
Justin Bieber Cancels Remainder Of Justice World Tour
[/vc_row_inner]

Recent News

  • Jimmy Odukoya Fumes Over Benue Crises
  • Democracy Hub Sues Govt Over Galamsey Deportations
  • Hearts Set up Committee to Spearhead 2025/26 Recruitment Drive
  • Cedi Stability to Shield Ghana Amid Global Oil Price Shocks 
  • UK Hits Russia With Tough New Sanctions
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.