GHANA: Cocoa Farmers Struggle With Low Income While Chocolate Processors Make Big Profits - Oxfam According to a study by Oxfam, the bigge...
GHANA: Cocoa Farmers Struggle With Low Income While Chocolate Processors Make Big Profits - Oxfam
According to a study by Oxfam, the biggest chocolate candy makers in the world are making a lot of money while cocoa farmers, who are mostly poor and have low incomes, are not making much money.
The study was made public before May 13, which is World Trade Day.
The study is mostly about Ghana, which is the second biggest cocoa producer in the world. The charity said that farmers' incomes in the country have gone down since the coronavirus started spreading in 2020.
Oxfam surveyed more than 400 cocoa farmers in Ghana who work for companies that make chocolate. They found that farmers' incomes have dropped by 16% since 2020, and women's incomes have dropped by almost 22%. "Since the coronavirus broke out, nine out of ten farmers said things have gotten worse," the study said.
The people who wrote the study also said that almost 90% of cocoa farmers in Ghana don't make enough money to run their businesses. This means that they can't buy enough food, clothes, a place to live, and health care. Most of the 800,000 cocoa farmers in the country live on $2 a day.
Uwe Gneiting, who wrote the Oxfam study, says that the income of farmers is affected by many national and international factors.
"It's clear that the COVID-19 outbreak has caused a lot of trouble. But the war in Ukraine and the economic problems it has caused, along with other long-term problems like the effects of climate change and old farms, have played a role," Gneiting said. That's the American voice.
Oxfam also said that the biggest chocolate companies in the world are making more money.
"The four biggest chocolate companies in the world, Hershey, Lindt & Sprüngli, Mondelz, and Nestlé, have made nearly $15 billion in earnings from their factories since the COVID-19 pandemic started. This is an increase of nearly 16% since 2020.
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