Category: Agriculture
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Failure of foreign countries to pay LIDs on cocoa beans disheartening – COCOBOD CEO
Ghana and Ivory Coast’s move to combat farmer poverty with a living income premium for their cocoa sales is being undermined by chocolate makers scaling down purchases and negotiating discounts on other parts of the prices. This, the Ghana Cocoa Board, says is disheartening and must be checked with all urgency. The premium is being…
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Suggested expenditure cuts by the IMF should not affect industry – AGI pleads
The Association of Ghana Industries, AGI, has urged government to ensure that any requests for cuts in expenditure by the IMF, does not affect productive sectors of the economy like agriculture, manufacturing and industry as a whole. As discussions between government and the IMF picks up, different stakeholders have expressed different opinions on the impact…
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Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister
The Minister of Food and Agriculture Dr. Owusu Afriyie Akoto, has reiterated government’s plan to introduce legislation that will compel banks to lend more to the Agriculture sector. He made the remark at the launch of the Agriculture Stakeholder Convening and Advocacy Platform (ASCAP) by GIRSAL in Accra. The platform will seek to engage government…
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DBG funds will not be used to buy gov’t securities – Deputy CEO assures
As stakeholders continue to lament the low level of lending to key sectors like Agriculture and manufacturing, the newly launched wholesale bank, the Development Bank Ghana is assuring that it will implement effective measures that will ensure their funds go to key sectors of the economy. Universal banks in the country, for some time now,…
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A law that will compel banks to lend to Agric sector players being considered – Min. of Agric
The Minister of Food and Agriculture has called out the banking sector for the poor level of support it has given to Ghana’s agriculture sector over the years. Despite the improvement in credit to the private sector in the past few months as economic activity picks up, the Agriculture sector in addition to Forestry and…
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Chamber of Telecommunications calls for more investment into Technology to improve livelihoods
Despite recent improvements in key areas like education, health, agriculture and entertainment as a result of the advancement in technology, the Ghana Chamber of Telecommunications says more needs to be done by relevant stakeholders to ensure all facets of Ghanaian life are enhanced significantly by new technology. According to the World Economic Forum, access to…
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Importers of organic fertilizer to Ghana urged to look for local alternatives
As the Russia and Ukraine war disrupts the supply of fertilizer to Ghana and other parts of the world, the Ministry of Food and Agriculture has called on importers of organic fertilizer to consider procuring their raw materials from Ghana. According to the ministry, the current demand for organic fertilizer stands at 30,000 metric tons…
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COCOBOD closes purchases for 2021/2022 main crop cocoa season
This year’s main crop cocoa season has been closed from today, Thursday, May 26, 2022. “It is hereby notified for the general public’s information that purchases for the 2021/2022 Main Crop Season will close on Thursday, 26th May 2022,” a statement from the Ghana Cocoa Board (COCOBOD) noted. Ghana’s cocoa season runs two cycles consisting…
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Agribusiness Chamber demands resignation of Agric Minister over sector woes
The Chamber of Agribusiness is demanding the resignation of the Minister for agriculture, Dr. Owusu Afriyie Akoto for his failure to address key challenges facing the sector. The chamber is threatening to embark on a strike followed by a demonstration if the ministry does not the minister does not resign. Although many industry players have…
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A comprehensive storage strategy will deal with post – harvest losses & inflation – CSIR
As food inflation in the country continues to rise, further pushing national inflation to unprecedented levels, the Council for Scientific and Industrial Research (CSIR) is urging government to invest in a comprehensive storage strategy to deal with post-harvest losses in the country. This the CSIR believes will eventually make food available all-year round which will…