Cadbury's Demise a Disaster for Ghana
Cadbury’s were using Fair Trade Cocoa for generations before the phrase was invented.
Cocoa in Ghana is a smallholding crop, with individual farmers having a hectare or two of mixed crops, including cocoa. It is not a plantation crop as it is in Brazil or Ivory Coast. That is why Ghanaian cocoa is of higher quality, and commands a premium on commodity markets. Cadbury’s chocolate in the UK uses 95% Ghanaian cocoa.
That's a great article:
Kraft aren't going to give a shit, are they?Displacement to form vast cocoa estates has been part of the cause of conflict in Ivory Coast. The estates are attended with other evils – erosion and devastation of soil nutrients caused by monoculture, widespread use of child labour, and the conversion of independent small farmers to landless day labourers. These are but some of the ill effects.
The estates also produce low quality cocoa. It seems a truth in agriculture that over-intensive monoculture produces tasteless food. Most British people realize that Cadbury’s chocolate tastes better, but don’t know why. The answer is in the cocoa.
What Cadbury’s use in the UK is from independent Ghanaian smallholders, and is the equivalent of wines from an ancient small chateau or boutique Californian estate. They pay extra for it, and their willingness to pay extra has been a key part of keeping the Ghanaian small farmer going.
Kraft on the other hand use the mass produced estate cocoa; the equivalent of soulless and tasteless wine from multiple fields and huge stainless steel tanks. They source mostly in Brazil – the World’s most tasteless cocoa – and Ivory Coast. The bad taste in the mouth from the cocoa is both real and metaphorical. The estates in both countries make massive use of child labour.
It is a fact that Cadbury’s practices in dealing fairly with small African farmers dated back directly to the ethical precepts of their Quaker founders. I had occasion to prepare a report for the British government on the Ghanaian cocoa industry, in response to concerns about the use of child labour on Ivory Coast estates. I visited numerous Ghanaian farmers and Cadbury’s headquarters in the process, and have met Cadbury’s buyers in the field in West Africa over twenty years.
I have no doubt that in order to rack up the return on their vast investment, Kraft will switch to the cheap and nasty cocoa they normally use. This could be the worst thing to hit the Ghanaian rural economy since blackpod disease..
...It is a fact that Cadbury’s practices in dealing fairly with small African farmers dated back directly to the ethical precepts of their Quaker founders.
Listening to some people moan and whinge about this (not on here) you'd think they hadn't heard what capitalism is or how it works. Dimwitted shits who have been patronising us for ever about the sacred markets are slowly waking up to the fact that much of it is utter bollocks and destructive. But they daren't openly admit it or do anything about it. Some Labour twonk was on R4 at lunchtime saying perhaps things had gone too far. Yeah -thanks for doing fuck all to protect jobs in the last 12 years and then suddenly saying some vague stuff just before being kicked out. Mind you, these are the war criminals who told us they saved the economy after destroying it.
That'll be about the size of it....Kraft aren't going to give a shit, are they?
£2m a day cost of Cadbury deal – plus £12m for the boss
Bonanza for banks and lawyers involved in deal as company warns of job cuts
http://www.guardian.co.uk/business/2010/jan/19/cadbury-kraft-takeover-todd-stitzer
Well to a certain extent, this is the risk you take on when you list your company on the stock market. Anyone can buy or sell your shares as they please and you can be taken over.
Cadbury could have remained a private company, but they did not.
Manchester United could have remained a debt-free company and they didn't... What a shame.
as cadburys are our biggest customer, i reckon we're fucked...
i really feel sorry for the staff, especially those who have been there for ages.
Odd country UK, of all the things to worry about losing control of: steel, energy, fuck sake even water,no, must maintian control of chocolate
Jesus did I miss a meeting or something? Are we anti globalisation for our favourite sweeties but pro globalisation of our mining and oil and gas industries?Clegg attacks Brown over RBS funding for Cadbury bid
Gordon Brown has been criticised after it was revealed the taxpayer-owned Royal Bank of Scotland is funding the takeover of Cadbury by a US company.
http://news.bbc.co.uk/1/hi/uk_politics/8470776.stm
I think the issue here is a majority-publicly-owned entity enabling an action that is going to lead to job losses. If it was a private bank there wouldn't be this political dimension.Jesus did I miss a meeting or something? Are we anti globalisation for our favourite sweeties but pro globalisation of our mining and oil and gas industries?
Christ help us if a Chinese conglomerate tries to buy Action Man.
As previously posted, I missed the meeting too.
Keven Maguire got me most yesterday, from his column:
"...Cadbury joins the once British-owned car, electricity, water, steel, defence and banking industries owned by foreign raiders.
cadbury is made in many countries including, china, poland,france, australia,new zealand,Ireland , america( Cadbury in america is made by the hershey company but under the Cadbury name), turkey, india,turkey,greece, england and mexico. it is made in pretty much in any country that sells it.