Search: “LBCs”
2 results found
Politics
COCOBOD Releases GH¢4.2bn to LBCs to Pay Cocoa Farmers
Summary
Cocoa farmers are finally getting paid, but will this solve the deeper issues plaguing Ghana's cocoa sector?
COCOBOD has released GH¢4.2 billion to Licensed Buying Companies (LBCs) to pay cocoa farmers. The funds are meant to clear outstanding arrears owed to farmers since November.
Politics
2 min read
Business & Economy
Young Cocoa Farmers Demand Immediate Payment, Warn Against Further Price Cuts
Summary
Why are young cocoa farmers in Ghana so frustrated with the government and threatening to abandon their farms?
Young cocoa farmers are demanding immediate payment for beans delivered months ago. The Young Cocoa Farmers Association warns that further price cuts could push farmers to abandon cocoa for illegal mining.
Business & Economy
3 min read