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Business News of Friday, 4 October 2019

Source: peacefmonline.com

Why should we applaud you for this meager increment? - NDC to Akufo-Addo

President Akufo-Addo play videoPresident Akufo-Addo

The ruling government has increased the price of cocoa from GH¢7,600.00 to GH¢8,240.00 a tonne and from GH¢475.00 to GH¢515.00 a bag.

“The government has decided to increase the price of cocoa by 8.42 percent. Consequently, a tonne of cocoa will attract a price of GH¢8,240 and a bag of cocoa will attract a price of GH¢515,” a Minister of State at the Ministry of Food and Agriculture, Dr Nurah Gyeile, announced in Sunyani.

However, a member of the Communication team of the NDC, Eric Adjei, speaking on UTV said the 8.42 percent increment is not enough and that the government could have done better.