President Akufo-Addo launches Cocoa Farmers’ pension scheme

The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Tuesday, 1st December 2020, launched a pension scheme for the country’s 1.5 million cocoa famers. According to President Akufo-Addo, “the Pension Scheme will enable cocoa farmers to make voluntary contributions towards their retirement, whilst COCOBOD makes a supplementary contribution on behalf of the farmers as […]

NDC Minority accuses gov’t of misapplying 650 million dollars of cocoa syndicated loan

The opposition National Democratic Congress (NDC) minority in Parliament is accusing government of misapplying the first tranche of the 1.3 billion dollars of the cocoa syndicated loan for the 2018/19 crop year. A statement issued by the minority and signed by Cassiel Ato Forson, ranking member of the Finance Committee in Parliament said the 650 […]

 Cocoa Syndication: 1 million Cedis savings every year could have weaned Ghana off international dependency-Ayeh-Paye

If Ghana had started setting aside 1 million cedis every year since the country began syndicating cocoa Loans, the country would have perhaps accumulated enough revenue to wean herself off the annual borrowing for cocoa beans purchases. That is the opinion of the New Patriotic Party (NPP) Member of Parliament for Ayensuano in the Eastern […]

Cocoa Sector issues: We will see our smoothness and economic level when cocoa farmers revolt-Sam P. Yalley

Ghana’s former ambassador to India and opposition National Democratic Congress (NDC) strongman, Sam P. Yalley fears the worst may happen to the country and the economy if cocoa farmers decide to revolt. He is premising his claim on the fact that government has not treated cocoa farmers fairly, explaining on a radio discussion programme monitored […]