Cocoa pod

 

News page
Last update:
Friday July 25, 2014
 
 
Video Share Page

Ghana’s Currency Slump Prompts Sharp Rise in Cocoa Smuggling

 

WSJ, July 25, Ghanadot - A steep drop in Ghana’s currency means neighbor Ivory Coast’s cocoa output is getting an unexpected bump.

A 41% drop in the value of Ghana’s currency this year means that Ghanaian cocoa farmers can get 58% more in dollar terms for their cocoa beans in Ivory Coast, pan-African bank Ecobank reports in a note.

The drop in the cedi, Ghana’s currency, “has eroded farmers’ real incomes…and has driven a surge in bean smuggling to Cote d’Ivoire in search of better prices,” the bank says...........

 

Debate / Respond
 
FIFA WORLD CUP

More in the news

 

Personality of the week.....

FIFA World Cup
 
 

Loading

Comments/Notables
 

Commentary - Money for Sanitary Pads? - I. K. Gyasi

Review -  - Sixty Years of Ga Politics[1] - By E. A. Ammah

Commentary - Why I am not for reparation - E. Ablorh-Odjidja

Commentary - FIRM REBUTTAL TO SNEAKY ARTICLE - Nii Boney Andrews

Commentary - Coming Out of the World Cup Tournament - BrainBuster

Commentary -  Bring Sulley and Kevin back - E. Ablorh-Odjidja

Commentary - Slavery Reparations - Walter E. Williams

Commentary - The Russell Senate Building, immune to civil rights outrage? - E. Ablorh-Odjidja

Commentary - WHY GHANA HAS PROBABLY THE WORLD’S WORST VOTERS’ REGISTER - Gabby Asare Otchere-Darko

Personality - Remembering Ruby Dee - Kobina "Boyo" Annan, Jr.

Commentary  - We were wrong, all cultures are not equal - Telegraph, UK

..........More

New

 

Videos and pictures in the news

 
 

More videos

 

 

Ghana’s Currency Slump Prompts Sharp Rise in Cocoa Smuggling

WSJ, July 25, Ghanadot - A steep drop in Ghana’s currency means neighbor Ivory Coast’s cocoa output is getting an unexpected bump.

........More

 

 

 

 

 

Ghana looks to reverse capital flight

Ghanaweb, July 25, Ghanadot - FACED with the challenge of significant capital flight out of the country’s embattled economy, government and its central bank are now looking up to new inflows into Ghana’s capital account from which the leakages have originated to stem the foreign exchange hemorrhage which appears to be an even bigger cause of the cedi’s sharp depreciation this year than the continuing fall in export earnings....More

 

 

Why Are We Ignoring a New Ebola Outbreak?

NYTimes, July 25, Ghanadot - Three small, impoverished nations in West Africa—Guinea, Liberia, and Sierra Leone—now demand the world’s attention as the deadly Ebola epidemic spins out of control, killing hundreds and threatening millions. Caused by a highly contagious virus, the disease starts with typical flu-like symptoms, yet most often leads to a horrific death in just a matter of days.. . More

   

GSK seeks approval for world's first malaria vaccine

Reuters, July 24, Ghanadot -  The British drugmaker said the shot, called RTS,S, is intended exclusively for use outside the European Union but will be evaluated by the European Medicines Agency (EMA) in collaboration with the World Health Organisation (WHO).....More

 

 
World Media
 

ABC, Australia

FOXNews.com
The EastAfrican, Kenya
African News Dimensions
Chicago Sun Times
The Economist
Reuters World
CNN.com - World News

All Africa Newswire
Google News
The Guardian, UK
Africa Daily
IRIN Africa
The UN News
Daily Telegraph, UK
Daily Nation, East Africa

BBC Africa News, UK
Legal Brief Africa
The Washington Post
BusinessInAfrica
Mail & Guardian, S. Africa
The Washington Times
Voice of America

CBSnews.com
New York Times.......
Vanguard, Nigeria
Christian Science Monitor
News24.com
Yahoo/Agence France Presse

u
  SPONSORSHIP AD HERE  
 
    Announcements
Debate
Commentary
Ghanaian Paper
Health
Market Place
News
Official Sites
Pan-African Page
Personalities
Reviews
Social Scene
Sports
Travel
 
    Currency Converter
Educational Opportunities
Job Opening
FYI
 
 
 
 
Send This Page To A Friend: