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Fairtrade Africa presses cocoa industry to close living income gap

By GhanaSummary Newsroom1 min read2 sources
Fairtrade Africa presses cocoa industry to close living income gap

Synthesised from 2 Ghanaian sources

myjoyonline.commyjoyonline.comgna.org.ghgna.org.gh

Mr Isaac Tongola, the Executive Director of Fairtrade Africa, explained the New Living Income Reference Prices as a clear benchmark for buyers and other actors seeking to build more sustainable cocoa supply chains.31, GNA – Fairtrade Africa has called for stronger collaboration among cocoa sector stakeholders to enhance the living income for cocoa farmers amid pressure from low market prices and rising production cost.

The event follows the publication of the new Fairtrade Living Income Reference Prices for cocoa, which provides a benchmark for the price required for a farmer and their household to achieve a decent standard of living from cocoa production.

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