17 min
LID Sales Premium Shakes Cocoa Market Down to Agribusiness
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- Business
Ghana and Ivory Coast’s proposal for adding a Living Income Differential (LID) premium to sales of cocoa beans looks set to be approved and become law by early next year.
Joseph Boahen Aidoo, the CEO of Ghana’s Cocoa Board, told us recently that the two countries are expected to finalize their approach by the end of December with passage through the respective parliaments into law likely in early 2020.
Ghana and Ivory Coast’s proposal for adding a Living Income Differential (LID) premium to sales of cocoa beans looks set to be approved and become law by early next year.
Joseph Boahen Aidoo, the CEO of Ghana’s Cocoa Board, told us recently that the two countries are expected to finalize their approach by the end of December with passage through the respective parliaments into law likely in early 2020.
17 min