Ghana’s Cocoa Industry: Transforming the 2027 budget’s vision into sustainable growth and prosperity

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• KWABENA GOLD COAST 6 hours ago

  SIR, THE BIG PROBLEM WITH YOUR PIECE IS THE DELIBERATE PUNISHMENT METED OUT TO GHANAIAN COCOA FARMERS. YOU HAVE TREATED COCOA FARMERS AS SLAVES. WHAT IS THE PURPOSE OF PROCESSING COCOA BEANS WHEN YOU ARE DELIBERATELY KILLING ...
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  SIR, THE BIG PROBLEM WITH YOUR PIECE IS THE DELIBERATE PUNISHMENT METED OUT TO GHANAIAN COCOA FARMERS. YOU HAVE TREATED COCOA FARMERS AS SLAVES. WHAT IS THE PURPOSE OF PROCESSING COCOA BEANS WHEN YOU ARE DELIBERATELY KILLING COCOA FARMERS AND DESTROYING THEIR LIVELIHOODS.
  THROUGH YOUR HIGHLY ARTIFICIAL APPRECIATION OF THE GHANA CEDI YOU HAVE CAUSED ENORMOUS DAMAGE TO THE GHANAIAN COCOA INDUSTRY. IN FEBRUARY 2012, YOU FORCED COCOA FARMERS TO ACCEPT A REDUCTION OF COCOA PRICES BY 28.9% FROM 3637 CEDIS PER BAG OF COCOA BEANS TO 2,587 CEDIS DURING THE MIDDLE OF THE PRODUCTION YEAR AFTER FARMERS HAVE PURCHASED RESOURCES AND COMMITTED TO LOANS AND INCREASED WAGE COSTS. THIS WAS THE WORST GOVERNMENT DECISION IN THE COCOA INDUSTRY SINCE THE GHANA COCOA BOARD WAS ESTABLISHED IN 1947. NO GOVERNMENT HAS EVER DECREASED COCOA PRODUCER PRICES ESPECIALLY DURING THE MIDDLE OF A PRODUCTION YEAR. THIS REDUCTION THAT WAS ANNOUNCED ON 12 FEBRUARY 2026 WAS THE RESULT OF EXCESSIVE ARTIFICIAL APPRECIATION OF THE GHANA CEDI BY POLICYMAKERS THAT DID NOT CONSIDER THE HARM TO 650,000 COOCA FARMERS AND FOUR MILLION WORKERS WHO DIRECTLY DEPEND ON THE COCOA INDUSTRY. THE NATIONAL DEMOCRATIC CONGRESS WILL BE SEVERELY PUNISHED IN DECEMBER 2028 FOR WHAT AMOUNTS TO 10 BILLION CEDIS OR 800 MILLION DOLLARS EXTORTION OF MONEY FROM COCOA FARMERS WHO HAVE BEEN THE BACKBONE OF THE GHANAIAN ECONOMY. NOW THE FINANCE MINISTER, CASSIEL ATO BAAH FORSON WANTS TO BE THE PRESIDENT OF THE REPUBLIC AFTER DIRECTLY EXORTING 10 BILLION GHANA CEDIS FROM COCOA FARMERS. HE HAS FORGOTTEN THAT IT IS THE ELECTORALLY SWING VOTERS FROM THE COCOA PRODUCING AREAS WHO ALWAYS DECIDE WHO BECOMES THE PRESIDENT OF THE REPUBLIC OF GHANA.

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• KWABENA GOLD COAST 6 hours ago

  THROUGH YOUR HIGHLY ARTIFICIAL APPRECIATION OF THE GHANA CEDI YOU HAVE CAUSED ENORMOUS DAMAGE TO THE GHANAIAN COCOA INDUSTRY. ON 12 FEBRUARY 2026, YOU FORCED COCOA FARMERS TO ACCEPT A REDUCTION OF COCOA PRICES BY 28.9% FROM 3 ...
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  THROUGH YOUR HIGHLY ARTIFICIAL APPRECIATION OF THE GHANA CEDI YOU HAVE CAUSED ENORMOUS DAMAGE TO THE GHANAIAN COCOA INDUSTRY. ON 12 FEBRUARY 2026, YOU FORCED COCOA FARMERS TO ACCEPT A REDUCTION OF COCOA PRICES BY 28.9% FROM 3637 CEDIS PER BAG OF COCOA BEANS TO 2,587 CEDIS DURING THE MIDDLE OF THE PRODUCTION YEAR AFTER FARMERS HAVE PURCHASED RESOURCES AND COMMITTED TO LOANS AND INCREASED WAGE COSTS. THIS WAS THE WORST GOVERNMENT DECISION IN THE COCOA INDUSTRY SINCE THE GHANA COCOA BOARD WAS ESTABLISHED IN 1947. NO GOVERNMENT HAS EVER DECREASED COCOA PRODUCER PRICES ESPECIALLY DURING THE MIDDLE OF A PRODUCTION YEAR. THIS REDUCTION THAT WAS ANNOUNCED ON 12 FEBRUARY 2026 WAS THE RESULT OF EXCESSIVE ARTIFICIAL APPRECIATION OF THE GHANA CEDI BY POLICYMAKERS THAT DID NOT CONSIDER THE HARM TO 650,000 COOCA FARMERS AND FOUR MILLION WORKERS WHO DIRECTLY DEPEND ON THE COCOA INDUSTRY. THE NATIONAL DEMOCRATIC CONGRESS WILL BE SEVERELY PUNISHED IN DECEMBER 2028 FOR WHAT AMOUNTS TO 10 BILLION CEDIS OR 800 MILLION DOLLARS EXTORTION OF MONEY FROM COCOA FARMERS WHO HAVE BEEN THE BACKBONE OF THE GHANAIAN ECONOMY. NOW THE FINANCE MINISTER, CASSIEL ATO BAAH FORSON WANTS TO BE THE PRESIDENT OF THE REPUBLIC AFTER DIRECTLY EXORTING 10 BILLION GHANA CEDIS FROM COCOA FARMERS. HE HAS FORGOTTEN THAT IT IS THE ELECTORALLY SWING VOTERS FROM THE COCOA PRODUCING AREAS WHO ALWAYS DECIDE WHO BECOMES THE PRESIDENT OF THE REPUBLIC OF GHANA.

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• John Duma 1 hour ago

  The author, a senior official is clearly confused about the prospects of the cocoa industry. His NDC government has turned cocoa farmers into modern day slaves by suddenly and irrationally cutting cocoa producer prices by 28. ...
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  The author, a senior official is clearly confused about the prospects of the cocoa industry. His NDC government has turned cocoa farmers into modern day slaves by suddenly and irrationally cutting cocoa producer prices by 28.9% this year essentially forcing many farmers into severe losses, bankruptcies, destitution and poverty. It is pointless to talk about processing more cocoa beans when you have deliberately driven many farmers into extremely poverty. The poverty rate in Ghana has now gone up to about 33% from the old level of 23.4% recorded in 2017.

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