Business News of Friday, 14 December 2018

Source: starrfmonline.com

Cargill calls on Cocobod, Agric Minister to mark 10 years in Ghana

A delegation from Cargill Cocoa and Chocolate with COCOBOD Chairman Hackman Owusu-Agyemang A delegation from Cargill Cocoa and Chocolate with COCOBOD Chairman Hackman Owusu-Agyemang

The President of Cargill Cocoa and Chocolate, Mr. Harold Poelma, has led a delegation to pay courtesy calls on the COCOBOD Chairman and the Minister for Food and Agriculture as part of a series of activities to mark ten years of Cargill in Ghana.

Receiving the delegation at the Jubilee House on November 21, the Minister for Food and Agriculture, Dr. Owusu Afriyie Akoto, congratulated Cargill on its anniversary and the immense job it has been doing to improve the sector with global best practices.

He added that the Government is fully committed to alleviating socio-economic challenges in the cocoa sector and pledged his Ministry’s unflinching support for Cargill.

Mr. Poelma thanked the Minister for his drive and vision towards a sustainable cocoa sector and Cargill’s contribution in that regard.

He stressed that Cargill is committed to continuous investments in the sector and added that Cargill is open to dialogue with the government to improve the cocoa sector.

The Cargill delegation also visited the Ghana Cocoa Board (COCOBOD). On his part, the Chairman of COCOBOD, Mr. Hackman Owusu-Agyemang, was full of praise for Cargill’s business model acknowledging its contributions and positive impacts on the cocoa sector over the last ten years.

He also congratulated Cargill on a decade of innovation; touching on the installation of the fully-automated digital solar system at the Tema plant and called for cooperation towards a sustainable environment.

He added that the government is playing its part in achieving the set 1million-tonne cocoa production for the 2018/2019 crop season and 50 per cent of cocoa to be processed in Ghana.

In response, the Managing Director for Cargill’s cocoa and chocolate business in Ghana, Mr. Pieter Reichert expressed Cargill’s readiness for further collaborations and Cargill’s role in ensuring environmental sustainability.

He also outlined the outcome of Cargill’s traceability-focused fully e-money enabled Licensed Buying Company; Cargill Kokoo Sourcing Company Limited.

‘‘Since its establishment, 13,000 cocoa farmers have benefitted from a total of GH?6 million in premium payments and currently covers 11 districts,’’ he stressed.

He also drew the Chairman’s attention to the unfairness in the light crop industry and encouraged the COCOBOD to take steps in addressing it.

A tenth-anniversary commemorative dinner was also held; where the executives of Cargill engaged with sector stakeholders on ways to reinvigorate Ghana’s cocoa sector.

It is expected that these engagements will help Cargill continue to bolster farmer confidence in the cocoa sector.

Cargill is actively working with farmers to change and improve practices to curb deforestation and also support activities to promote sustainable farming practices and improve the livelihoods of cocoa farmers and their communities.

Tour of Licensed Buying Company

The delegation also toured some communities where the Cargill Kokoo Sourcing Company Limited operates. They visited the Baniekrom Buying Plant, Akrobokrom and Nyinahin communities in the Ashanti Region on November 23.

For the farmers, the visit signified Cargill’s commitment to keeping the farmer at the heart of its business. They were also grateful for the visit and expressed their satisfaction with Cargill’s innovative payment system, weighing system and savings scheme.