COCOBOD confident of producing 800,000 tonnes after investing GH¢943m

Rising debt defaults are placing growing pressure on businesses across the country, with unpaid loans and trade debts straining cash flow, weakening balance sheets and contributing to the collapse of some financial institutions, according to debt-recovery firm Rosik Consults Limited.

The Ghana Cocoa Board (COCOBOD) has reintroduced a fully government-funded free fertiliser and agro-input distribution programme for cocoa farmers, expanding a broader reform agenda that combines production support with pricing, financing and governance changes aimed at reviving Ghana’s cocoa sector.

Deputy Minister for Finance, Thomas Nyarko Ampem, has called for urgent reforms to political financing across Africa, warning that the growing influence of money in politics is undermining democratic integrity, excluding capable leaders, and weakening public trust in democratic institutions.

Government’s ‘Nkoko Nkitinkiti’ programme will fail to achieve its goal of reducing chicken imports if major implementation challenges are not addressed.