Ghana Cocoa Board (COCOBOD) signed a $300 million three-year loan with several international lenders yesterday to refinance central bank-raised cocoa bills and finance production enhancement programmes. Last September, COCOBOD announced that it was in talks with international lenders for such a loan. That month, COCOBOD signed a $1.3 billion loan with international banks to finance […]
EVEN as government awaits proceeds from its recent over-subscribed $3 billion Eurobond, in addition to other interventions that will inject some foreign exchange onto the market the cedi has already started making some gains on the forex market. The local currency has since March 13, 2019 regained some 5.86 per cent value against the US […]
The defence in the ongoing trial of Dr Stephen Kwabena Opuni, a former Chief Executive of COCOBOD, and Mr Seidu Agongo, the CEO of Agricult Ghana Limited, yesterday suffered yet another major blow when the high court rejected a motion for stay of proceedings filed by Mr Benson Nutsukpui, the lawyer for Mr Seidu Agongo. […]
Management of Ghana Cocobod has rubbished media reports that its board chairman Hackman Owusu Agyeman pocketed some money that was given to him as per diem for a programme abroad. According to Cocobod, Mr. Owusu returned the said money in full after he fell ill and failed to attend the programme. ‘’The allegation that Hon. […]
General Manager at the office of the Chief Executive Officer of Ghana Cocoa Board, Fiifi Boafo has lampooned Minority spokesman for Finance, Cassiel Ato Forson, accusing him of misrepresentations and concoctions with respect to the expenditure of the Board. Mr. Ato Forson who is a former Deputy Minister for Finance has accused government and Cocobod […]
