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Tag Archives: PRICE

Ivory Coast sets 2023/24 cocoa farmgate price at 1,000 FCFA

Ivory Coast has increased its cocoa farmgate price by 11.1% from 900FCFA to 1,000FCFA ($1.62) per kilogram for the 2023/24 crop season. The minister for agriculture and rural development, Kobenan Kouassi Adjoumani, also announced the new farmgate price for coffee as 900 CFA francs/kg, representing a 20% raise. Ivory Coast, …

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We expected GH¢3,000 instead of GH¢1,380 – Cocoa farmers lament new price by government

Whereas President Nana Addo Dankwa Akufo-Addo’s announcement of a new producer price for a bag of cocoa was met with wild jubilations at an event in Tepa on Saturday, some group of farmers have expressed worry over the government’s decision to peg the new price at GH¢1,308. Secretary of the National …

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Watch farmers rejoice as Akufo-Addo announces historic increase in cocoa price GH¢1,308

A spontaneous jubilation greeted the announcement of a new producer price for the 2023/2024 cocoa season by President Nana Addo Dankwa Akufo-Addo at Tepa in the Ahafo-Ano Municipality on Saturday. The President had to take a break in his speech for about five minutes as the elated farmers rushed in front of …

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Government increases price of cocoa per bag from GH¢800 to GH¢1,308

President Akufo-Addo has officially announced a significant increase in the farm gate price of cocoa beans, raising it from GH¢800 to GH¢1308 per bag for the upcoming cocoa season. During the opening of the 2023/2024 cocoa season in Tepa, located in the Ashanti region, President Akufo-Addo revealed that this adjustment …

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Price of pork shoots up

The price of pork has witnessed a marginal increment of GH¢4 effective September 1, 2023. The cost of 1 kilo of pork which was selling at GH¢26 now selling at GH¢30. According to the Ashanti Regional Organiser of Pig Farmers and Producers Association, Augustine Naah, the high cost of feed …

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The double-edged sword of Africa’s rising petrol price

Several African countries will in July be grappling with increased fuel prices as governments impose more taxes and drop subsidies, moves which, players in the industry argue, present both risks and benefits for the continent’s development. As Kenya doubles the value-added tax on petroleum products to 16 percent from July …

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‘Do farmers use cement to grow crops?’ – Anyidoho mocks Mahama over cement price slip

The former Deputy General Secretary of the National Democratic Congress (NDC), Koku Anyidoho, has taken to social media to mock former president John Dramani Mahama for wrongly quoting cement price during a campaign stop in the Northern Region. Anyidoho questioned whether farmers use cement in crop cultivation instead of fertilizer, referring to the slip as …

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Costly fuel, weak currency push up Kenya electricity price

Electricity price in Kenya has risen by 10 percent in the latest monthly adjustment due to higher fuel prices and a weaker local currency. The Energy and Petroleum Regulatory Authority (Epra) has raised the fuel cost charge (FCC) to Ksh8.3 ($0.064) per kilowatt-hour (kWh) up from Ksh6.59 ($0.051) per unit …

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LPG price to rise 4%

The pump price of Liquefied Petroleum Gas (LPG) is expected to increase by about 4.36% from the current average of 13.86/kilogramme to ¢14.46/kg, the Chamber of Petroleum Consumers (COPEC) has projected. It also said from Wednesday, 1 March 2023, the prices of petrol and diesel are expected to fall by …

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Sunyani residents plead with gov’t for price control of goods and services

Many residents of Sunyani and its environs have pleaded with the government to introduce controlled pricing of goods and services to regulate commodities’ prices as a measure of relief for consumers in the country. According to them, that would prevent traders and other services providers from hiding under any least …

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