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    Accra, GHANA: A woman holds 03 July 2007 in Accra a wad new currency, the new cedi, that Ghana put in circulation that day, although the old money will still be valid until the end of the year. Currently, the cedi is one of the least valued currencies in Africa: 9000 cedis equal one US dollar.   Ernest Addison, head of research at the Bank of Ghana, assured in November 2006 that the changeover was not a revaluation nor devaluation, and will not affect foreign exchange.  AFP PHOTO / ISSOUF SANOGO (Photo credit should read ISSOUF SANOGO/AFP/Getty Images)

    Local currency crosses ¢10 to one dollar mark on retail market

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    VADUG members resist implementation of Customs Amendment Act

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    PURC justifies upward review of utility tariffs

    Emergency MPC meeting: Goldman Sachs projects 200 basis points hike in policy rate

    MTN Ghana introduces voucher distribution denomination change to prevent price disparity

    BoG, UG partner to improve research in Ghana’s financial sector

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    VADUG members resist implementation of Customs Amendment Act

    Cost of credit to further go up as Bank of Ghana raises policy rate to 22%

    Emergency MPC meeting: Goldman Sachs projects 200 basis points hike in policy rate

    MTN Ghana introduces voucher distribution denomination change to prevent price disparity

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Mass cocoa spraying must be monitored – MP

bycitibusinessnews
October 8, 2014
in Local Economy, News
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Minority spokesperson on Agriculture in Parliament, Dr. Akoto Owusu Afriyie, has criticized government for failing to adequately monitor the mass spraying exercise of cocoa farms.

The cocoa mass spraying exercise was instituted in 2001 by the Ghana Cocoa Board (COCOBOD), in consultation with government to support cocoa farmers to eliminate cocoa diseases and help increase production.

Dr. Owusu Afriyie complained that the exercise was discriminatory, expressing concern about the limited number of bottles of insecticides allocated to the various cocoa-growing districts for the exercise.

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COCOBOD which is mandated to monitor the mass spraying exercise has hinted of phasing out its free mass spraying of cocoa farms across the country within the next three years.

This decision has been rejected by the farmers and stakeholders.

There is no doubt that since the implementation of the mass spraying exercise, the production of cocoa in the country had increased significantly.

Dr. Akoto Owusu Afriyie has since cautioned COCOBOD against the planned phasing out of the programme.

He advised them to take measures to solve the implementation challenges confronting the exercise rather than abandon the cocoa farmers to their fate.

At the moment, the Producer Price Review Committee (PPRC) on cocoa has reviewed upwards, the producer price of cocoa which took effect from October 3.

According to Dr Owusu Afriyie, cocoa production has reduced over the years because inputs for the mass spraying exercise were being smuggled to neighbouring countries.

He told Citi Business News, cocoa farmers in Ghana will massively benefit from the exercise if government has good monitoring systems in place rather than thinking of phasing it out.

“The current free fertilizing programme is strengthening the black market. What is the point of all these to sit in Accra at the fourth floor of cocoa house and announce that everything is free for the farmers, without ensuring that the farmers are the beneficiaries is so bad?” he asked.

The Member of Parliament (MP) for Kwadaso said his checks have revealed that farmers are prepared to now buy the fertilizers and other farm inputs which heather to is to be given for free at full cost on the open market.

 

By: Norvan Acquah-Hayford/citifmonline.com/Ghana

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