The Chief Executive of the Ghana Cocoa Board (COCOBOD), Hon. Joseph Boahen Aidoo and his three deputies have donated 50 percent of their salaries for three months and a cash amount of GH₵ 200,000.00 to support the fight against COVID-19 in the country. In addition, Hon. Aidoo on behalf of COCOBOD presented 5000 gallons of […]
Former President Flt. Lt. Jerry John Rawlings has commended the Ghana Cocoa Board (COCOBOD) for the introduction of motorized slashers and pruners for effective control of weeds on cocoa farms as well as the removal of excess branches and mistletoes on cocoa trees. Interacting with a delegation from COCOBOD led by the Executive Director of […]
Chief Executive of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has cautioned cocoa farmers that giving up their farms to galamsey operators will negatively affect COCOBOD’s capacity to build cocoa roads and continue with other development projects in cocoa farming communities. Beyond its business of regulating Ghana’s cocoa industry and marketing cocoa beans, COCOBOD undertakes […]
The Ghana Cocoa Board (COCOBOD) is optimistic that government’s plan to secure a $600 million facility from the African Development Bank (AfDB) to expand the country’s cocoa sector will be passed the next time it comes up in the House. This comes after the minority in the house raised some concerns that forced Parliament to […]
The Seed Production Division of COCOBOD, in collaboration with the Dormaa Central Municipal Assembly, has distributed 123,360 coffee seedlings to 226 farmers in the Municipality at a cost of GH¢10,000 The beneficiary communities of the seedlings for the third quarter, under Government’s Planting for Export and Rural Development, were Benekwakrom, Asunsu Number Two, Agyemankrom, Asunsu […]
The Ghana Cocoa Board (COCOBOD) has signed an agreement with the China General Technology (Group) Holding (Genertec) for the establishment of a cocoa processing factory in Ghana. The factory, which will be located at Sefwi-Wiawso in the Western North Region will be operated by COCOBOD and Genertec through a Public Private Partnership (PPP). Implementation of […]
Ghana Cocoa Board will raise $1.3 billion in syndicated loans for its operations in the 2019/2020 season, the Minister of Finance Mr Ken Ofori-Atta announced in Parliament on Monday. In addition to the annual syndicated loan of US$ 1.3 billion, COCOBOD has initiated processes with the African Development Bank (AfDB) to raise additional US$600 million, […]
Ghana and Ivory Coast, the world’s largest producers of cocoa, will soon set up a Cocoa Stabilisation Fund Account under the respective cocoa initiatives of both countries. Two accounts will be created – one in Ghana and the other in Ivory Coast, both of which are provided for in the Ghana-Cote d’Ivoire Co-operation Charter. Chief […]
The trial of former COCOBOD Chief Executive, Dr Stephen Kwabena Opuni and businessman Seidu Agongo has hit a snag following the failure of the Chief Executive Officer of the Public Procurement Authority (PPA), Mr Agyenim Boateng Adjei to furnish the court with some key documents. The court, on 12 June 2019 ordered the CEOs of […]
Dr Yaw Adu-Ampomah, the Attorney General’s third prosecution witness in the ongoing trial of former Ghana Cocoa Board (Cocobod) CEO, Dr Stephen Kwabena Opuni, and businessman Seidu Agongo, keeps contradicting himself under the heat of cross-examination, court correspondent Joshua Kodjo-Mensah reported on Tuesday. On Tuesday, 4 June 2019, the counsel for Dr Opuni, Mr Sam […]
Ghana Cocoa Board (Cocobod) has responded to the International Monetary Fund (IMF) call for a reduction in the producer price of Cocoa, saying it cannot reduce the price. The IMF has advised government to reduce the producer price of the commodity to reflect changes in international cocoa prices. But in an interview with sit-in host […]
The Bank of Ghana on Friday, 4th January 2019 announced the revocation of the banking licence of Heritage Bank Limited on the following grounds; (1) Suspicions relating to the source of the bank’s capital and matters related therewith including the claim that it was derived from contracts with COCOBOD which were the subject matter of […]
