LBCs urged to adopt good trade practices


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By
Florence Afriyie Mensah, GNA    

Kumasi, Sept. 12, GNA – Licenced Cocoa Buying
Companies (LBCs) have been urged to adopt and implement trade practices that
would have a long lasting impact on the socio-economic lives of cocoa farmers.

Mr Muhammadu Muzzammil, Country Director of
Ecom Group Ghana, a leading cocoa buying company, said LBCs had the
responsibility to pro

By
Florence Afriyie Mensah, GNA
    

Kumasi, Sept. 12, GNA – Licenced Cocoa Buying
Companies (LBCs) have been urged to adopt and implement trade practices that
would have a long lasting impact on the socio-economic lives of cocoa farmers.

Mr Muhammadu Muzzammil, Country Director of
Ecom Group Ghana, a leading cocoa buying company, said LBCs had the
responsibility to provide the needed support to cocoa farmers to increase their
crop yields and incomes.

Speaking to the Ghana News Agency on the
side-lines of a training workshop for staff of the company in Kumasi, Mr
Muzzammil advised some LBCs not to encourage farmers to smuggle cocoa beans to
neighbouring countries, adding that, such a practice should be condemned by
all.

The workshop was to create an opportunity for
the company’s franchise holders and officers to understand the new strategies,
reflect on challenges and key successes chalked over the years and chart new
ways to meet the next cocoa season.

Mr. Muzzammil, said the government through the
COCOBOB, was working to improve the incomes and socio-economic lives of cocoa
farmers.

It was therefore important for all LBCs to
support the government’s initiatives by providing cocoa farmers with the right
benefits and incentives.

Mr Muzzammil said the Company, had over the
years continued to maintain its leadership in local cocoa buying, which ran the
largest sustainable cocoa programmes and initiatives.

He said the Company at the just ended cocoa
season, paid GHC19 million as premium to farmers who sold their beans to them.

GNA


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