Wednesday, June 22, 2022

AgriShare is using FinTech to improve farmers’ livelihood as Season Three of 40 Days 40 FinTechs kicks off

AGRICULTUREAgriShare is using FinTech to improve farmers livelihood as Season Three of 40 Days 40 FinTechs kicks off
13.06.2022   LISTEN    

No serious storyteller can narrate Uganda’s post-independence story without giving prominence to the famous Luweero triangle. It is that pivotal but that is a story for another day.

For decades, farmers in Uganda have earned very little, sometimes nothing from their produce and farmland due to issues such as failure to source the right inputs, absence of modernization equipment and inability to access ready markets among others.


COCOBOD TO HAND OVER REHABILITATED COCOA FARMS TO FARMERS


Date: 21st June 2022
Ghana Cocoa Board (COCOBOD) will soon begin the process of handing over the management of rehabilitated cocoa farms to their farm owners.

This comes after a successful two-year-long rehabilitation of hundreds of acres of Cocoa Swollen Shoot Viral Disease (CSSVD) infected farms, under the COCOBOD, and Government funded Cocoa Rehabilitation Programme.

The Chief Executive of COCOBOD, Hon Joseph Boahen Aidoo, made this announcement when he inspected a 145.8-hector rehabilitated cocoa farm at Kumikrom in the Bekwai District of the Western Region.

The inspection was part of a two-day field and farmer-engagement tour of some cocoa communities in the Western North Region. It was also an opportunity for the Chief Executive to check the progress of some cocoa road projects in the Region.

During his interaction with the cocoa farmers at Kumikrom, he disclosed that it was time for early beneficiaries of the rehabilitation programme to take over the care of their farms.

He asked the farmers to adhere strictly to good agronomic and agroforestry practices to ensure that the farms can produce at their optimum capacity without adverse impacts on the environment.

The National Cocoa Rehabilitation Programme, which was officially launched by President Nana Addo Dankwa Akufo-Addo in 2020, was devised by COCOBOD to curtail the rapid spread of CSSVD on cocoa farms. 

The process begins with the cutting and chemical treatment of cocoa trees on diseased farms. The farms are then replanted with disease-tolerant, early bearing, high yielding cocoa varieties,

During the two-year-long rehabilitation process, COCOBOD bears the cost of all the activities on the farm and the cost of labour. It also gives an amount of GH₵1000.00 per hector to each farmer who has an infected farm with is being rehabilitated. In the case of tenancy, both affected tenant farmers and their landowners are compensated.

A survey conducted in 2017 found that more than half of the 509,295.53 hectares of cocoa farm in the Western North Region had been infected and nationally 315,886 hectares out of a total of 1.9 million hectares of cocoa farm had been lost to CSSVD.

Consequently, cocoa production in the Western North Region had dropped from over 330,000mt in 2010/2011 to 154,000mt.

Besides the primary goal of stopping the further spread of the disease and restoring the productivity of CSSVD devastated farms, the programme also safeguards the livelihoods of cocoa farmers, helps to ensure better food security through the planting of plantains, tubers and grains, during the first two years as the cocoa trees’ growth.

Hundreds of thousands of jobs have also been created for the youth in cocoa communities, who provide labour and technical support to rehabilitate the cocoa farms.

Tuesday, June 21, 2022

There is no food shortage in Ghana


There is no food shortage in Ghana – Agric Minister

Dr Owusu Afriyie Akoto

Dr Owusu Afriyie Akoto

The minister of Agric has made it known to Ghanaians that, there will not be food shortage in the country this year or next year despite the prevailing conditions in the country.This was made known in Accra.News reaching our desk is that, there is an  acute food shortage even in the hinterlands and the farming communities where our food is produced.

Prices of food in most farming communities are soaring higher everyday.Every Ghanaian should prepare, there are hard times ahead.
















We are expecting a great yield next season

      

News reaching cocoakuafour.com shows that, there would be great yields next season so far as the golden fruit is concerned.This was made known in an interview with farmers at Kasapin in the Ahafo Region.Farmers have high hopes for abundant harvest of cocoa come next season. Meanwhile looking at the current economic hardships in the country, farmers were worried about the government's ability to get enough funds to buy their produce They are worried that there would be shortage of funds for the next season.


Cocoa farmer's pleading with government to increase producer price

 The 2021/22 cocoa season has ended successfully, all license buying companies have evacuated their final consignments to the various takeover centers in the country.Meanwhile due to the current economic hardships in the country, cocoa farmers are pleading with government to increase the producer  price of cocoa for the next season.

Source:https://cocoakuafour.blogspot.com

TRANSPORT FARES TO GO UP BY 10%

  

Energy

Transport fares expected to go up by 10%

Transport fares are expected to go up by some 10% later this week if the unionised operators, Ghana Private Road Transport Union and the Ghana Road Transport Coordinating Council, are able to get the Transport Minister’s blessings on this margin of increase.

The operators and the Transport Minister, Kwaku Ofori Asiamah, are expected to meet at a crunch meeting this Wednesday, June 22nd, 2022.

However, at a meeting between the two bodies and the Transport Minister last Friday, June 17th, 2022, there was some agreement that the fares should be reviewed.

But a final agreement was not reached on the margin of increase of the petroleum products.

The meeting also agreed that the time has come for some taxes on fuel to be reviewed.

Prices of fuel on the local market increased over 4% on average terms in the just ended Pricing-window of June 15, 2022.

For the rest of June 2022, the Institute for Energy Security (IES) projected another sharp rise in the price of the various products on the back of the 0.86% depreciation of the cedi and the international market price increase of 14.81% for petrol and diesel.

In nominal terms, it said petrol price will increase by about 10% to sell above ¢11per litre and diesel by about 15% to sell above ¢14 per litre.

Price of Liquified Petroleum Gas (LPG) however was projected to fall further by 5% from its current price.

Meanwhile, market leader, GOIL, has increased the price of petroleum products at the pumps.

It went up over the weekend.

A litre of petrol is going for ¢10.99 which is in line with the current market condition.

However, diesel is going for ¢13.39 pesewas.

Based on the pricing formula for the industry, it’s clear that most of the Oil Market Companies have absorbed a fraction of the cost. 

This means prices should have been more than what is presently prevailing.



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