Business News of Thursday, 4 October 2018Source: Starrfmonline.comCocoa farmers threaten to halt productionGovernment has resolved to maintaining cocoa producer prices at GHC475 per bag. Cocoa farmers in the country have threatened to halt production if government does not increase cocoa producer prices for the 2018/2019 cocoa season. Government has resolved to maintaining cocoa producer prices at GHC475 per bag. President of the Cocoa Farmers Association Nana Opambour Bonsu says that due to this development, members would be forced out of business, leaving the country without an industry. Meanwhile, a former deputy minister of Finance, Cassiel Ato Forson has said that government has cheated cocoa farmers, asking for an immediate reversal of government’s decision to maintain the producer price for cocoa at GHS 475 per bag.

Source: GhanaWeb October 04, 2018 12:45 UTC