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Article

20 Nov 2012

Author:
Zeenat Moorad, Business Day [So. Africa]

Cadbury congratulated on giving cocoa farmers a fair deal

"Cadbury [part of Kraft Foods] Dairy Milk’s first anniversary of Fairtrade certification is a momentous milestone not only for South Africa’s confectionery industry, but for the cocoa producers of West Africa...," Fairtrade Label South Africa['s]...Arianna Baldo said. Premiums from the chocolate sales have been reinvested into social projects in cocoa-producing communities, such as drilling boreholes and building schools, Kraft Foods said. Farmers have also been able to invest in livestock and equipment...Also this week, Mondelez International unveiled "Cocoa Life"...[under which] Mondelez will invest $400m over...10 years to improve the livelihoods...of more than 200,000 cocoa farmers and about 1-million people in cocoa-farming communities.