Close Menu
    Trending
    • Big Akwes’ ex-wife alleges he tricked her into marriage with 'fake and cheap' ring
    • Antoine Semenyo calls for harsher punishment against racial abusers
    • Kwabena Agyepong files nomination ahead of primaries
    • New Book Sheds Light on KNUST’s Esquire Bedels
    • GHALCA won’t change head-to-head rules for clubs to abuse the system – Oduro Nyarko
    • ADB presents GH¢1m ultimate cash prize to 2024 National Best Farmer
    • 'What’s the point?' –Kofi Kinaata breaks down over Ghana’s recent tragedies
    • Korle Bu Staff to enjoy Free Healthcare from September
    zamzamupdate.com/ News on the GO
    • Home
    • Ghana News
    • News Updates
    • Sports
    • Business
    • Politics
    • Entertainment
    zamzamupdate.com/ News on the GO
    Home»Business»Ghana cocoa farmers revolt over prices, threaten mass smuggling
    Business

    Ghana cocoa farmers revolt over prices, threaten mass smuggling

    ZamZam UpdateBy ZamZam UpdateAugust 18, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    A coalition of Ghanaian cocoa farmers has threatened to bar officers of the nationwide regulator from their farms to protest the newly introduced producer value for the upcoming season, which they are saying might gas unlawful smuggling to Ivory Coast and Togo.

    Greater than 300,000 farmers expressed anger over what they take into account insufficient compensation, with some saying they might smuggle their total harvest to Ivory Coast in the event that they lived close to the border, the place costs are perceived to be extra favorable.

    Ghana on August 4 introduced a hard and fast farmgate value of 51,660 cedis ($4,783) per ton for the 2025/2026 season, or 3,228 cedis per 64 kg bag, a modest 4% improve from the earlier season.

    Theophilus Tamakloe, vp of the Ghana Cooperative Cocoa Farmers and Advertising Affiliation, stated the value falls wanting the federal government’s promise to pay 70% of the free-on-board value utilized in worldwide commerce, which ought to have yielded round 3,800 cedis per bag.

    Kwame Alex, named Greatest Cocoa Farmer on the current nationwide awards, stated there was a value differential of round 700 cedis between the Ghanaian value and the value fetched by Ivorian cocoa. “(That) creates incentives for smuggling,” stated Alex, who is just not a part of the coalition.

    “If I am near the Cote d’Ivoire border, most likely all my cocoa beans will go to Cote d’Ivoire as a result of the federal government has not been honest to us,” Tamakloe stated.

    The farmers’ menace to exclude officers working for Ghana’s cocoa regulator, COCOBOD, from their farms represents an escalation that might disrupt agricultural help providers throughout cocoa-growing areas.

    Extension officers go to farms recurrently to test crops and educate farmers.

    The standoff highlights rising frustrations in Ghana’s cocoa sector, the place smuggling has already turn into a big downside. The nation misplaced roughly 160,000 tons of cocoa to unlawful cross-border commerce within the 2023/24 season, in accordance with COCOBOD officers.

    Kwame Alex stated pricing was significantly insufficient given rising manufacturing prices, together with pesticides now promoting for 150 cedis every and gear rental charges reaching 100 cedis per day.

    DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially signify the views or coverage of Multimedia Group Restricted.

    DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially signify the views or coverage of Multimedia Group Restricted.



    Source link
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleMawuli Gavor explains why he quit KPMG for the creative industry
    Next Article Neymar leaves field in tears as Santos humbled
    ZamZam Update
    • Website

    Related Posts

    Business

    ADB presents GH¢1m ultimate cash prize to 2024 National Best Farmer

    August 26, 2025
    Business

    Cedi crosses GH¢11 to US dollar amid supply pressures

    August 26, 2025
    Business

    Empowering youth for a sustainable future: The role of agri-innovation, technology and partnerships

    August 26, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    NDC’s Ewurabena Aubynn secures Ablekuma North seat after tense, violence-hit rerun

    July 12, 2025

    Be transformational and not transactional – Kozie rallies Tescon

    March 31, 2025

    Kwakye Ofosu reveals money saved from paid TV ban at Jubilee House

    June 21, 2025

    Pulse All Star Games with top influencers to raise Mental Health Awareness set for May 1

    May 1, 2025

    FA bars transgender women from women’s football

    May 1, 2025
    Categories
    • Business
    • Entertainment
    • Ghana News
    • News Updates
    • Politics
    • Sports
    Most Popular

    Big Akwes’ ex-wife alleges he tricked her into marriage with 'fake and cheap' ring

    August 26, 2025

    GBA Bartenders Masterclass returns to redefine mixology in Ghana

    February 2, 2025

    Breaking News: Unknown person stabbed Asante Kotoko diehard supporter Pooley to death

    February 2, 2025
    Our Picks

    Ghana forward Inaki Williams backs Nico Williams to maintain recent top form

    March 1, 2025

    Appolonia City delegation calls on Ghana High Commission in UK

    March 27, 2025

    Boosting business productivity in Ghana – The case for outsourcing IT management (Part 1)

    June 13, 2025
    Categories
    • Business
    • Entertainment
    • Ghana News
    • News Updates
    • Politics
    • Sports
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Zamzamupdate.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.