Major chocolate traders in Ivory Coast are failing to pay a $400-per-tonne premium on beans aimed at curbing farmer poverty, the country’s cocoa regulator said in a draft letter seen by Reuters on Friday. The Coffee and Cocoa Council (CCC) said companies including Mondelēz International Inc(MDLZ.O) were offsetting the Living Income Differential (LID) by offering a negative country differential – normally a premium of 70 to 150 pounds ($99-$212) per tonne to reflect the quality of Ivory Coast’s beans. Mondelēz said it was paying the full LID. “(Mondelēz) does not offer or have any influence over negative country differentials,” the company said in a statement to Reuters. Buyers have been pressing for the country differential to be turned into a country discount, so farmers receive the extra...
Ten people have been killed and 34 injured in fighting between rival ethnic communities in the Democratic Republic of Congo’s eastern city of Goma, a spokesman for the provincial government said on Tuesday. The clashes broke out when protests against the U.N.’s MONUSCO peacekeeping mission, which some blame for failing to end to worsening insecurity and militia attacks, descended into violence between the two communities. Attacks by armed militias and inter-communal violence in Congo’s restive eastern region have killed over 300 people since the start of the year as government troops and U.N. peacekeepers struggle to bring stability in the mineral-rich region. The governor of North Kivu province, Carly Nzanzu Kasivita, banned all public protests from Monday and called for calm. “From now o...