Dr Kwadjo Ahodo: Why is the Mahama government struggling to buy cocoa?

Recently, the Mahama administration has found it increasingly difficult to purchase cocoa and pay cocoa farmers. This issue primarily stems from two factors: 1. The artificial inducement of the cedi appreciation 2. The decline in global cocoa prices At present, cocoa farmers in Ghana are paid GH¢3,625 per 64kg bag, equivalent to GH¢58,000 per tonne. […] Read Full Story