Ghana raises cocoa price by 45% to deter smuggling

Ghana raises cocoa price by 45% to deter smuggling

Ghana raises cocoa price by 45% to deter smuggling …C0NTINUE READING HERE >>>

The government says this represents an ‘unprecedented’ 129-percent increase.
Photo: Issouf SANOGO / AFP
Source: AFP

Ghana’s government on Wednesday announced a 45-percent increase in the producer price of cocoa for the 2024/2025 crop season, in a bid to curb smuggling.

The policy is also designed to improve the welfare of cocoa farmers as the new season begins, said Agriculture Minister Bryan Acheampong.

The new price, effective from Wednesday, raises the payment for a 64-kilogramme…

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