This is a problem in the short-term but an opportunity in the long-term. The gov't should support banks to provide long term loans for serious unemployed graduates to go into cashew farming. This is an opportunity for the you ... read full comment
This is a problem in the short-term but an opportunity in the long-term. The gov't should support banks to provide long term loans for serious unemployed graduates to go into cashew farming. This is an opportunity for the youth if credible policies are implemented to support them to produce for domestic processing.
Obroni 8 years ago
The cashew industry was a relative new industry in Ghana and heavily promoted during the Rawlings eara. Cashpro was the foremost company in Ghana. When NPP came to power it deliberately killed Cashpro because it was a company ... read full comment
The cashew industry was a relative new industry in Ghana and heavily promoted during the Rawlings eara. Cashpro was the foremost company in Ghana. When NPP came to power it deliberately killed Cashpro because it was a company of Atoh Awhoi. That act set back the development of the total sector for years. During the defacto civil war in Ivory Coast, Ghana's cashew butter industry profittef enormously because of lack of safe processing facility's and processed most of Ivory Coast cashew until Ivory Coast decided to close the border to stimulate processing in Ivory Coast. Immediately Ghana was exposed to under-proction and over capacity. First of all it's not very free trade and ECOWAS minded of Ivory Coast to stop export to Ghana, secondly Ghana can only solve this situation by fast extending the production in Ghana. Cashew bares fruit after 3 years but reaches full production after 5-7 years. To solve our shortage for the production sector, Ghana could import cashew from other countries or close over capacity until enough cashew is produced locally. The last thing Ghana should do is paying local farmers less than the world market price by closing export possibility's.
Nana Antwi 8 years ago
No one killed Cashpro but their over debt exposure in the commercial bank and their inability to servoce the loans. That is pure bannkruptcy not political wicthhunting, even though Cashpro used it political connection to musc ... read full comment
No one killed Cashpro but their over debt exposure in the commercial bank and their inability to servoce the loans. That is pure bannkruptcy not political wicthhunting, even though Cashpro used it political connection to muscle Cocoboard and Ghana Procurement Agency
Nana Antwi 8 years ago
The cashew production figures are 700,000 tons for Cote D'Ivoire from plantations; and 70,000 tons Ghana from smallscale farmers. The problem is that USIBAS located here to process Ivorian cashew which used to be smuggled acr ... read full comment
The cashew production figures are 700,000 tons for Cote D'Ivoire from plantations; and 70,000 tons Ghana from smallscale farmers. The problem is that USIBAS located here to process Ivorian cashew which used to be smuggled across the border into Ghana creating a fools paradise by making Ghana a trade hub for raw cashew export far beyond our own production capacity. Now the lazy Ghanaian chickens have all come home to roost. False production fogures and undeserved export earnings is what irritated Cote D'Ivoire to end the hype. Plant your own cashew for processing. its not nuclear science abi!
UO 8 years ago
This shows both the government and investors know nothing about supply chains. How do you build a 35 million dollar processing plant without the assurance that the most basic raw material is available?
This shows both the government and investors know nothing about supply chains. How do you build a 35 million dollar processing plant without the assurance that the most basic raw material is available?
zantoda 8 years ago
I cant agree with you more on that, they are all idiots, both the ministry staff and whoever built the company????!!!
I cant agree with you more on that, they are all idiots, both the ministry staff and whoever built the company????!!!
Obroni 8 years ago
So the Braziliansade a business mistake and politicians have to solve ? I wonder if GIPC GFZB did their homework before you informing the investor?
So the Braziliansade a business mistake and politicians have to solve ? I wonder if GIPC GFZB did their homework before you informing the investor?
This is a problem in the short-term but an opportunity in the long-term. The gov't should support banks to provide long term loans for serious unemployed graduates to go into cashew farming. This is an opportunity for the you ...
read full comment
The cashew industry was a relative new industry in Ghana and heavily promoted during the Rawlings eara. Cashpro was the foremost company in Ghana. When NPP came to power it deliberately killed Cashpro because it was a company ...
read full comment
No one killed Cashpro but their over debt exposure in the commercial bank and their inability to servoce the loans. That is pure bannkruptcy not political wicthhunting, even though Cashpro used it political connection to musc ...
read full comment
The cashew production figures are 700,000 tons for Cote D'Ivoire from plantations; and 70,000 tons Ghana from smallscale farmers. The problem is that USIBAS located here to process Ivorian cashew which used to be smuggled acr ...
read full comment
This shows both the government and investors know nothing about supply chains. How do you build a 35 million dollar processing plant without the assurance that the most basic raw material is available?
I cant agree with you more on that, they are all idiots, both the ministry staff and whoever built the company????!!!
So the Braziliansade a business mistake and politicians have to solve ? I wonder if GIPC GFZB did their homework before you informing the investor?