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Auditor General directs COCOBOD to recover ¢2.25bn government debt.

The 2021 Auditor General’s Report has charged Ghana Cocoa Board (COCOBOD) to engage the Ministry of Finance to recover ¢2.25 billion that the government owed the cocoa regulator as of September 30, 2022.

This was because of the supply of cocoa beans to Genetec International Corporation (GIC), the government’s revenue support on the producer price of cocoa, and excess export duties paid by the COCOBOD for GIC on cocoa beans exported.

The report also noted that COCOBOD has a relatively huge loan portfolio totaling ¢12.301 billion as of the end of the 2019/2020 financial year.

“We urged management to deploy and implement effective plans and strategies that would lead to the reduction of the Board’s [COCOBOD] indebtedness within the medium to long term”.

It further said “we noted during our review of 2019/2020 approved a budget statement that COCOBOD expended an amount of ¢230.70 million on the principal repayment amount of a 10-year loan with Bank of Ghana (BoG) which was not included in the approved budget for 2019/2020 financial year. We advised Management to ensure that all the Board’s activities are adequately provided for in its estimates and ensure that it operates within its approved budget”.

It also said its review of the recovery of seed funds from Licence Buying Companies (LBCs) revealed that management could not recover seed funds and accrued interest totaling ¢47.024 million from LBCs for more than four cocoa seasons contrary to the provisions in the law.

“We urged management to recover the amount from the banks that guaranteed these facilities for the companies failing which the Board should pray the court to lift the veils of incorporation of these defaulting companies to demand the total indebtedness from the Directors and personalities behind these companies”.

Cocoa Marketing Company
The report identified that the company’s receivable aging report revealed that a total of $179.572 million in debt was overdue as of 30th September 2020.

“To effectively manage the recovery of the debts, we recommended to Management to institute innovative measures to collect the debt”.

Quality Control Company Limited (QCC)
The report noted that QCC invested an amount of¢500,000 in a vehicle loan investment account at the UMB Investment Holdings Limited (UMB IHL) contrary to the investment policy of the Cocoa Board.

It is further recommended to Management to avoid placing the Company funds in similar investment houses.

Cocoa Research Institute of Ghana (CRIG)
The report said the lack of effective control over the utilisation and accountability of monies lead to unretired imprest totaling ¢878,586 by November 30, 2020.

It, therefore, recommended that the amount be converted into advances against the officers and recovered from their salaries.

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PFJ fertiliser supply drops by 150%.

As part of efforts to address the shortage of agrochemicals, the Ministry of Food and Agriculture (MoFA) has announced that the government is proactively working with local fertiliser producers to produce quality organic fertiliser on a large scale for farmers across the country.

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Govt bans export of wheat flour, maida, and semolina to curb rising prices.

Notifying a decision of the Union Cabinet, the Directorate General of Foreign Trade (DGFT), however, said that exports of these items would be allowed subject to permission of the government of India in certain cases.

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Food and Beverages Association to publish the number of taxes paid by their members.

The Food and Beverages Association will soon publish the number of taxes its members have been paying, saying, the taxes are overburdening their businesses which could force some of them out of business.

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Government eulogizes Yara Ghana for donating 20,000mt fertilizers to smallholder farmers to safeguard food security in Ghana.

The shortage of inorganic fertilizers coupled with the price hikes in both international and Ghana drove out a lot of smallholder farmers from production causing fear and panic of food insecurity in Ghana.

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Climate change is to cause more death of African children from the hot weather.

Photo credit: the United Nations

Climate change has already increased global temperatures, greatly increasing extremes. This will continue unless greenhouse gas emissions are reduced to “net-zero”. The 1.5°C target of the Paris Agreement requires emissions reductions of around 50% in the next 10 years.

Newborn babies are particularly vulnerable to high temperatures. They have a limited ability to thermoregulate – or control their body temperature – and can easily become dangerously hot or cold.

Older babies and toddlers can thermoregulate better. But they are often unable to communicate their temperature discomfort. They rely on caregivers to help them adjust clothing and change their environment – like opening a window or seeking shade.

Africa has some of the poorest and hottest countries in the world. This means that young African children are at particular risk of heat stress impacts.

However, estimates of heat-related deaths in African children are limited, primarily due to the lack of available mortality data over the continent.

There has been little research into the impact of climate change on child heat-related deaths in any region of the world.

To address this knowledge gap, we estimated present-day and future heat-related mortality due to climate change in African children under five years. We did this using a range of different global heating scenarios and information from a small number of existing studies relating temperatures to heat-related child deaths in Africa.

We also considered population growth and recent declines in the total child mortality rates in African countries due to developmental improvements such as better healthcare and infrastructure.

We estimated that between 2011 and 2020 there were between 12,000 and 19,000 heat-related child deaths per year in Africa.

Climate change accounts for approximately half of these deaths. The additional deaths due to climate change cancel out the recent reduction in heat-related deaths that was achieved through developmental improvements.

Our research underscores the urgent need to reduce emissions and take adaptation measures to reduce the impact of heat on babies and children.

Future deaths
The number of child deaths per year due to heat is currently small compared to the number of deaths from diseases such as malaria. Malaria causes approximately 400,000 deaths per year in African children under five.

However, the future growth in heat-related deaths depends on future greenhouse gas emissions and subsequent global warming.

Even assuming declining overall child mortality and a rapid reduction in emissions, temperatures and heat deaths will continue to increase until the middle of this century. From 2040 onwards, the benefits of limiting global warming to 1.5°C are stark.

In a “business-as-usual” future scenario, where emissions continue to increase, heat-related deaths in Africa could double by 2050.

If we are able to limit global warming to the Paris Agreement target of 1.5°C, almost half of these deaths could be prevented.

What happens after 2050?
Under future scenarios with high greenhouse gas emissions and significant global warming, by 2100 many parts of Africa will experience a climate like no other current climate on Earth. Therefore, we cannot assume that present-day relationships between temperature and heat deaths in children will hold in the future.

Heat-related mortality is dependent on social and demographic factors, as well as climate. Without climate change, heat deaths would most likely decrease over time due to ongoing improvements in the socio-economic situation in African countries, such as better healthcare.

We chose not to estimate heat deaths beyond 2050. We considered the uncertainties in future population growth, socio-economic development, and greenhouse gas emissions too large to make meaningful estimates.

However, considering temperature increases alone, if emissions are reduced in line with the Paris Agreement, the number of days per year above the deadly heat threshold over Africa will be only slightly greater in 2100 than in the present day.

If the Paris Agreement is not met, 200-300 days per year could be above the deadly threshold by 2100.

Our estimates do not take into account future adaptation to temperature increases. With sufficient resources, some adaptation to future heat extremes – such as air conditioning and changes to caregiving practices – will be possible.

However, since young children – especially newborns – don’t thermoregulate, they cannot acclimatise physiologically in the same way as adults.

Implications
Our research shows that climate change is already negatively affecting the health of children in Africa. A similar situation is likely to be occurring in other developing nations in the tropics and sub-tropics.

Currently, no country is on track to reduce emissions enough to comply with the Paris Agreement and keep global warming to 1.5°C.

Without urgent action, upper limits of human survivability – such as a wet bulb temperature of 35°C – may be regularly reached in the tropics by 2100, with devastating consequences for people in Africa and elsewhere.

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Parliamentary C’tee turns away Deputy Fisheries Minister for Hawa Koomson to rather appear.

A Deputy Minister of Fisheries and Aquaculture Development was on Wednesday, August 24 turned away from the public hearing of Parliament’s Assurances Committee for the substantive minister to rather appear on.

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Ghana records 249% growth in coconut export in 2021; bags $21.9m.

Ghana’s exports of Desiccated Coconut to the world recorded a significant jump of 249% in value in 2021 compared to the previous year.

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Depreciation of the cedi shoots up farm inputs cost – PFAG.

The president of the Peasant Farmers Association of Ghana (PFAG), Awal Wepia Addo says the cedi’s current weakness has made the lives of farmers miserable, as it has led to increments in the price of inputs.

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Seed suppliers petitioned the National Seed Council over GH¢207.3 million unpaid worth of seeds for the 2021 PFJ season.

Seed suppliers for the government’s flagship ‘Planting for Food and Jobs (PFJ) initiative are yet to be paid for seeds they have supplied for the programme since 2021, the B&FT can confirm.

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