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 […]
If Ghana had started setting aside 1 million cedis every year since the country began syndicating cocoa Loans, the country would have perhaps accumulated enough revenue to wean herself off the annual borrowing for cocoa beans purchases. That is the opinion of the New Patriotic Party (NPP) Member of Parliament for Ayensuano in the Eastern […]
National Democratic Congress (NDC) bigwig, Sam P. Yalley is urging government to ensure the processing of the country’s cocoa beans for exports in order to allow for value addition and to maximize the potential of the sector. ‘’For how long are we going to stay where we are and don’t do what is right? If […]
Managing editor of the insight newspaper and pan Africanist, Kwesi Pratt Junior has said cooking with tin tomatoes and tinapa (Sardine) makes the meal sexy. Mr. Pratt who was contributing to a radio discussion on the plight of cocoa farmers in the country on an Accra based radio station opined that the cocoa farmers spend […]
The Minority in Parliament has chided government for its poor handling of the Cocoa Sector and described figures released by the Minister for Agriculture and the Ghana Cocobod as the proce of the commodity on the world market as false. The Minority which held a press conference today with a focus on the producer price […]
Cocoa farmers in Ghana will earn GH₵1,000 more than their counterparts in La Cote d’Ivoire for the producer price of the commodity in the 2018/2019 crop season which opened on October 1, 2018. This is in spite of Cote d’Ivoire, the world’s top cocoa producer, increasing guaranteed price it pays farmers by seven per cent– […]
The National Democratic Congress (NDC) minority in parliament is poised to hold a press conference in the Brong Ahafo Regional Capital, Sunyani tomorrow, October 3, 2018 on the cocoa sector. The NDC is accusing the government and Ghana Cocobod of making cocoa farmers worse off with the decision to maintain the price per ton of […]
The Chief Executive Officer of Cocobod, Mr. Joseph Boahen Aidoo has extolled the members and leadership of the Ghana Cocoa, coffee and sheanut farmers association to consider the trade as serious business that should yield profit for them. According Mr. Aidoo, it is the commitment of the current government under the leadership of president Nana […]
