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GHANA: Traders with PBC to Enjoy Pension, Cocoa Farmers Advised

Posted On 15 Jan 2020
By : New Africa Daily News, Staff Correspondent
Comment: 0

BY ANIN AGYEI-

NEW AFRICA DAILY NEWS, Accra, GHANA- COCOA FARMERS across the country have been advised to trade with the Produce Buying Company (PBC), the leading cocoa buying company in the country to enjoy the services of a new pension scheme instituted by the government of Ghana.

According to the Human Resource Manager in charge of the Central Region’s PBC, Ms. Andrea Franz, the only means to sustain the Company was for the farmers to continually patronize its services.

Ms. Franz made the call in the Central Region during her New Year message to cocoa farmers across the country..

She said the PBC, with almost 80% shares by government, had put in place comprehensive mechanisms that would cater well for the welfare of cocoa farmers.

Ms. Franz stated that the farmers could enjoy the Pension Scheme instituted by the Government if they continued to sell their cocoa beans to the PBC, which had a track record of trustworthiness in the industry.

She indicated that, the company was directly under the Ghana Cocoa Board and had quality administrative plans, which would go a long way to ensure better living conditions for farmers.

She warned that if cocoa farmers allowed foreign companies to bait them to sell their produce to them it would affect growth of the state owned company.

“It is regrettable that some cocoa farmers allowed some Licensed Buying Companies (LBCs) to sell fresh cocoa beans to them at lesser costs, a practice, she indicated, that could affect the quality of Ghana Cocoa on the world market.”

“Ghana’s cocoa is classified as one of the best among all cocoa producing countries in the world and it is vital to maintain the quality to meet international standards,” she said.

Ms. Franz appealed to the farmers to exercise restraint as they would receive every package planed for them in the 2020 cocoa season.

She gave the assurance that the PBC would continue to pursue policies and programmes to their benefit to ensure the country met the one million tonnes target it had set for 2020.

 

Sponsor by New Africa Business News
Africa’s Most Read and Fastest Growing Global Newspaper.  Visit New Africa Business News at www.newafricabusinessnews.com

 

BY ANIN AGYEI, NEW AFRICA DAILY NEWS, AFRICA CORRESPONDENT

www.newafricadailynews.com

 

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New Africa Daily News, Staff Correspondent
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  • To Our Dedicated Readers…
  • Experts Divulged: African Nations should brace up for Digital Technology in the Education Sector to Expedite Africa’s Financial Growth and Quality Education
  • The East Africa Device Assembly Kenya (EADAK): Sold 360,000 devices being Inaugurated on its Blast-off in October 2023
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