69 h. ago West African Economies Face Mixed Fortunes Amid Recovery Struggles

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/west-african-economies-face-mixed-fortunes-amid-recovery-struggles/Afreximbank highlights uneven growth as Ghana, Nigeria, Senegal confront sector challenges West African economies are experiencing divergent pressures despite some sectoral improvements, according to the African Export-Import Bank, which warned of widening economic strains across member states. Ghana confronts mounting unrest as over 300,000 cocoa farmers protest government pricing policies. Authorities announced only a 4% […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/west-african-economies-face-mixed-fortunes-amid-recovery-struggles/

Politics

3 d. ago Priority View Homes launches GH¢420m housing project for cocoa farmers

Cocoa farmers across Ghana are set to benefit from a new housing initiative aimed at improving their living conditions. Real estate developer, Priority View Homes has cut sod for the construction of affordable two- and three-bedroom houses at Gomoa Dahom in the Gomoa Central District of the Central region for the project The GH¢420 million […]

Politics

4 d. ago Cooperative Cocoa Farmers and Marketing Association Ltd reject new price for 2025/26 season, demand urgent review

The Ghana Cooperative Cocoa Farmers and Marketing Association (GCCFA) is dissatisfied with the newly announced producer price of cocoa for the 2025/2026 season.

Economics

4 d. ago Cocoa Farmers Demand Higher Prices Despite Government Increase

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cocoa-farmers-demand-higher-prices-despite-government-increase/Ghana’s largest cocoa farmers association has rejected the government’s newly announced farmgate price, warning that inadequate compensation threatens the sector’s sustainability and could drive more smuggling. The Ghana Cooperative Cocoa Farmers and Marketing Association (GCCFA) called for urgent review of the GH¢3,228.75 per 64-kilogram bag price set for the 2025/2026 season. The rate represents a […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cocoa-farmers-demand-higher-prices-despite-government-increase/

Politics

6 d. ago Farmer Discontent Over Prices Threatens Ghana’s Cocoa Financing Revolution

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/farmer-discontent-over-prices-threatens-ghanas-cocoa-financing-revolution/Ghana’s groundbreaking shift away from expensive international loans for cocoa purchases faces an unexpected challenge: farmers unhappy with modest price increases are turning to smuggling, potentially undermining the entire system. COCOBOD abandoned its 30-year reliance on costly syndicated loans in 2024, replacing them with a forward-contract model requiring international buyers to deposit 60 percent of […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/farmer-discontent-over-prices-threatens-ghanas-cocoa-financing-revolution/

Economics

1 week ago The Cocoa Betrayal: How the NDC gov’t shortchanged Ghana’s cocoa farmers

For generations, Ghana’s cocoa farmers have carried the nation’s pride and fortune on their backs. Their beans have built schools, roads, and hospitals; they have fed our GDP and sweetened the world’s chocolate industry.

Politics

1 week ago Think Tank Warns Illegal Mining Could Devastate Ghana’s Cocoa Sector

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/think-tank-warns-illegal-mining-could-devastate-ghanas-cocoa-sector/The Mahama administration faces urgent calls to intensify action against illegal mining as research reveals the practice threatens to destroy Ghana’s crucial cocoa industry within a decade. The Institute of Economic Research and Public Policy has published findings showing extensive farmland destruction as unlicensed miners expand operations across cocoa-growing regions. Some desperate farmers are now […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/think-tank-warns-illegal-mining-could-devastate-ghanas-cocoa-sector/

Events

1 week ago Gov’t is prioritising cocoa farmers’ welfare – Finance Ministry Adviser

The Technical Adviser to the Minister of Finance, Frederick Amissah, has defended the government’s record on cocoa, insisting that the welfare of farmers remains a priority.

Economics

1 week ago President Mahama has delivered on his promise by giving 70% of FOB price to cocoa farmers – Amissah

Technical Advisor to the Minister for Finance, Fredrick Amissah, has lauded President John Dramani Mahama for honouring his commitment to cocoa farmers by ensuring they receive 70 per cent of the Free on Board (FOB) price of cocoa.

Politics

1 week ago Mahama has delivered on his promise by giving 70% of FOB price to cocoa farmers – Amissah

Technical Advisor to the Minister for Finance, Fredrick Amissah, has lauded President John Dramani Mahama for honouring his commitment to cocoa farmers by ensuring they receive 70 per cent of the Free on Board (FOB) price of cocoa.

Politics

1 week ago Running a cocoa farm is a business; we don’t work for the government – Nana Aduna II

The Spokesperson of the Ghana Cocoa Farmers Association, Nana Aduna II, has insisted that cocoa farming is a private enterprise and farmers cannot be treated as though they are employees of the state.

Politics

1 week ago Kofi Bentil criticises COCOBOD, says farmers are being “sapped dry” while bureaucrats thrive

The Vice-President of IMANI Africa, Kofi Bentil, has criticised the management of Ghana’s cocoa sector, arguing that the Ghana Cocoa Board (COCOBOD) has become a drain on the very farmers it was established to support.

Politics

2 w. ago Ghanaian cocoa farmers received highest farmgate price in West Africa – COCOBOD

The Ghana Cocoa Board (COCOBOD) says any assertion that farmers in Côte d’Ivoire are better off in terms of producer price is factually inaccurate and misleading.

Politics

2 w. ago Ghana’s Cocoa Farmers Receive the Highest Farmgate Price in West Africa

News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/ghanas-cocoa-farmers-receive-the-highest-farmgate-price-in-west-africa/The Ghana Cocoa Board (COCOBOD) wishes to clarify recent reports and public commentary suggesting that farmgate cocoa price in Ghana is lower than that in Côte d’Ivoire. Current market data and independent analysis categorically demonstrate that Ghanaian cocoa farmers are receiving significantly higher producer price compared to their counterparts in Côte d’Ivoire. ❖ According to […] News Ghana, Latest Updates and Breaking News of Ghana, VEK, https://www.newsghana.com.gh/ghanas-cocoa-farmers-receive-the-highest-farmgate-price-in-west-africa/

Politics

2 w. ago Ghana Cocoa Farmers Threaten Mass Smuggling Over Price Dispute

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-threaten-mass-smuggling-over-price-dispute/A major standoff is brewing in Ghana’s cocoa belt, where farmers are threatening to send their harvest across the border. A group representing 300,000 growers says the new official price for their beans is simply unfair, pushing them to consider drastic action. The government’s cocoa regulator, COCOBOD, set the new season price at GH¢3,228 per […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-threaten-mass-smuggling-over-price-dispute/

Events

2 w. ago Cocoa farmers revolt over prices, as coalition threatens mass smuggling

A coalition of Ghanaian cocoa farmers has threatened to bar officers of the national regulator from their farms to protest the newly announced producer price for the upcoming season, which they say could fuel illegal smuggling to the Ivory Coast and Togo.

Events

2 w. ago Ghana cocoa farmers revolt over prices, threaten mass smuggling

A coalition of Ghanaian cocoa farmers has threatened to bar officers of the national regulator from their farms to protest the newly announced producer price for the upcoming season, which they say could fuel illegal smuggling to Ivory Coast and Togo. More than 300,000 farmers expressed anger over what they consider inadequate compensation, with some […]

Events

3 w. ago Ghana Cocoa Farmers See Little Gain from Price Surge, IMANI Reveals

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/Record cocoa prices won’t automatically rescue Ghana’s struggling farmers, policy think tank IMANI Africa warns. Despite the government hiking producer prices, most smallholders still earn as little as GHC 5.90 daily per hectare barely enough to cover costs. The problem isn’t prices but productivity, IMANI stresses. With 70% of farmers tending plots under two hectares, […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-see-little-gain-from-price-surge-imani-reveals/

Politics

3 w. ago Ghana Cocoa Farmers Reject Government’s Price Increase as Broken Promise

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-reject-governments-price-increase-as-broken-promise/Cocoa farmers across Ghana are protesting what they call a betrayal by President John Mahama’s administration after it failed to deliver a promised sixfold price increase. Last week’s announcement of a GHS128.75 per bag hike bringing prices to GHS3,228.75 fell drastically short of the GHS6,000 pledge central to Mahama’s 2024 election campaign. The gap leaves […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-reject-governments-price-increase-as-broken-promise/

Politics

3 w. ago Cedi’s Rise Squeezes Cocoa Farmers Despite Global Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/Ghana’s currency appreciation is delivering mixed blessings for its vital cocoa sector. While the cedi’s 40% gain this year bolsters national economic stability, it has sharply limited local benefits from soaring global cocoa prices. Farmers recently learned their produce will fetch only 4% more in cedis this season, despite international prices jumping over 60% in […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/

Politics