Ghana Blames Russia for Surge in Cocoa Smuggling And New cocoa Price Increase

Ghana has increased the producer price of cocoa to GH¢48,000 per tonne for the 2024/25 season, but many Ghanaians, especially farmers, are disappointed with the new price. In this video, we explore why, despite a 129% increase, there’s dissatisfaction and how cocoa smuggling has become a major issue. Smugglers are sneaking Ghanaian cocoa into neighboring countries, and COCOBOD has even called in the military to help. Ghana also accuses Russia of fueling this black market trade. Watch to learn more about how cocoa smuggling is impacting the country’s economy and farmers.
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