Government sticks to syndicated loans as cocoa producer price jumps by 62%
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Oh Ghana, ,syndicated loans .l thought we were out of this unwarranted loan.
From 3100 to 3228 cedis is a 62% jump? Probably my O'Level maths is outdated
Don't confuse price per tonne with price per bag. The old price was 3100 cedis per bag of 64kg; the new is 3228 cedis per bag, less than 5% increase.
Do cocoa farmers only sell 1 bag of cocoa each season or sell in tons. You sir are a crab
The story and it's headline are both misleading and inaccurate. The quote from the minister is right but the interpretation is wrong.
Last year Cocobod didn't go for syndicated load, we used the 60/40 financing approach.ie. ...
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Now I understand why Ghana is among 10 lowest IQ Countries in the world
Herrrr Ghanaweb. Do you understand syndicated loan?
So these useless government led by John Ford Mahama could not increase it to the 6000,they were making noise about when they were in opposition,such a useless Q-net government led by drunkard Mahama,
Jandam government you increase a bag of cocoa from 3100gh to 3228gh difference of 128gh and call it 62 percent Ghanaians are not fools like your gullible followers God will punish you John Mahama for deceiving farmers that yo ...
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You were wrongly advice to use dollar rate to fix cocoa price. Rather you should have consulted the farmers to explain the challenges facing the sector. If dollar rate goes up what are you going to do. Given fsrmers that 62%
Please post credible news and stop lying. Ghana does not use syndication anymore.