{"id":774615,"date":"2022-02-01T05:29:12","date_gmt":"2022-02-01T05:29:12","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/02\/01\/tree-crops-levy-to-generate-us10-million-tcda-ceo\/"},"modified":"2022-02-01T05:29:12","modified_gmt":"2022-02-01T05:29:12","slug":"tree-crops-levy-to-generate-us10-million-tcda-ceo","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/02\/01\/tree-crops-levy-to-generate-us10-million-tcda-ceo\/","title":{"rendered":"Tree Crops levy to generate US$10 million \u2013 TCDA CEO"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/172\/17207164.295.jpg\" alt=\"Williams Agyapong Quaitttoo, CEO Tree Crops Development Authority\" title=\"Williams Agyapong Quaitttoo, CEO Tree Crops Development Authority\" width=\"295\" height=\"160\"> <span class=\"image_caption\"><span>Williams Agyapong Quaitttoo, CEO Tree Crops Development Authority<\/span><\/span><\/p>\n<\/div>\n<div>\n<p id=\"article-123\">All other things being equal, a proposed levy on selected tree crops is expected to generate about US$10 million in its first year of implementation.<\/p>\n<p>The proposed levy by the Tree Crops Development Authority (TCDA) will be paid by buyers, exporters and processors of the affected agro commodities while farmers and small aggregators are exempted. The crops involved are cashew, mango, shea, coconut, oil palm and rubber.<\/p>\n<p>In an interview with B&amp;FT the CEO of TCDA, Williams Agyapong Quaitttoo, said the levy is an aspect of a broader regulatory framework currently under consideration by the TCDA Board of Directors and for subsequent approval by Cabinet and Parliament respectively.<\/p>\n<p>\u201cProceeds from the soon to be implemented levy will among others help generate substantial funds to cushion sustainable growth and development of the tree crops industry. There will be funds to sustain and expand distribution of inputs like improved seeds and seedlings to farmers, and accelerate research as well,\u201d he revealed.<\/p>\n<p>Mr. Quaitttoo was speaking on the sidelines of the maiden annual conference of Progressive Cashew Association of Ghana held at Techiman, the Bono East regional capital. The conference\u2019s theme was \u2018Beyond the traditional cashew farming and exporting\u2019. As a prelude to the 2022 cashew season, in attendance at the forum were the various actors and stakeholders along the value chain.<\/p>\n<p>According to the CEO of TCDA, the proposed regulatory regime will also make provisions for the registration and efficient regulation of activities for all input dealers; such as tree crops agro-chemical dealers as well as nursery operators and seed-sellers.<\/p>\n<p>This, he explained, will promote sanity in the system to ensure that only quality agro-products are supplied to unsuspecting farmers to protect their investments, the environment and mankind.<\/p>\n<p>\u201cThe era when anybody at all gets up and sells agrochemicals for tree crops, nurse seedlings for commercial sale will soon be a thing of the past. Only qualified and certified persons will be permitted to trade in agro-chemicals, nurse-approved seed-nuts for sale. Anybody who falls foul of the law will be dealt with accordingly,\u201d he stressed.<\/p>\n<p>Mr. Quaittoo entreated the cashew value chain actors to uphold the GH\u00a25 per kilogramme minimum price set by the Authority. \u201cIn as much as farmers expect buyers to purchase their nuts at the approved price, you are also required to dry the nuts to reduce the moisture content to 10% or lower. You must therefore avoid the practice of selling raw nuts at farm gates.\u201d<\/p>\n<p><b>Cashew replacing food crops and cocoa<\/b><\/p>\n<p>Commenting on the issue of some farmers replacing food crops and cocoa with cashew on their farms, the Deputy Minister for Food and Agriculture (MoFA), Yaw Frimpong Addo, allayed fears of any imminent food insecurity and loss of foreign exchange earnings.<\/p>\n<p>In recent times, some farmers in the Bono, Bono East and parts of the Ashanti and Ahafo Regions have replaced crops like cocoa, cassava, maize and plantain with cashew plantations.<\/p>\n<p>\u201cThe substitution of food crops with cashew hasn\u2019t gotten to an alarming proportion that threatens the country\u2019s food security. Besides, the success story of Planting for Food and Jobs has fortified our food security status. With the cutting-down of cocoa for cashew, the country will ultimately continue to enjoy its foreign exchange earnings as they are all cash crops; there shouldn\u2019t be any cause for alarm,\u201d he said.<\/p>\n<p>Treasurer of the Progressive Cashew Association of Ghana, Simon Berko, commended the government for establishing the much-awaited TCDA to help regulate and promote sustainable development of the tree crops industry.<\/p>\n<p>He advised cashew value chain actors to adhere to all accepted standards, such as scaling by the Ghana Standard Authority to promote industrial harmony and development.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Williams Agyapong Quaitttoo, CEO Tree Crops Development Authority All other things being equal, a proposed levy on selected tree crops is expected to generate about US$10 million in its first year of implementation. The proposed levy by the Tree Crops Development Authority (TCDA) will be paid by buyers, exporters and processors of the affected agro [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[650,3841,3842,3494,290,3843,1172,3844],"class_list":["post-774615","post","type-post","status-publish","format-standard","category-business","tag-ceo","tag-crops","tag-generate","tag-levy","tag-million","tag-tcda","tag-tree","tag-us10"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/774615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=774615"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/774615\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=774615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=774615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=774615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}