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Africa Live: Zimbabwe launches new notes for third currency in decade - BBC News | Africa Live: Zimbabwe launches new notes for third currency in decade - BBC News |
(about 1 hour later) | |
Newsday | |
BBC World Service | |
Some farmers in Uganda have hired gunmen to protect their cocoa as thieves attempt to cash in on the crop's increased value. | |
Global cocoa prices have reached their highest point in over a decade as dry weather hinders farming in Ghana and Ivory Coast, the biggest producers of cocoa in the world. | |
According to Mutanga Grace, a Ugandan cocoa farmer and CEO of Mkulima Exports Uganda, roughly 30% of the cocoa beans produced in the East African country is being stolen. | |
He told BBC Newsday that farmers in the country are forking out armed guards and dogs in an attempt to protect their cocoa, which is a key ingredient in products like chocolate, ice creams and cakes. | |
"Cocoa in the country right now is like a hotcake, someone takes little but has taken a lot, a lot of money," he said. | |
Read more: | |
Cocoa price hits record high as El NiƱo hurts crops | |
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