COCOBOD defends syndicated loan position

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.

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

The Bank of Ghana (BoG) has revoked the Dedicated Electronic Money Issuer (DEMI) licence of Zeepay Ghana Ltd, effective July 14, 2026, citing multiple regulatory breaches and the company's persistent failure to comply with regulatory directives.