In a strategic push towards enhancing economic stability, Ghana is rolling out two crucial initiatives namely: increasing the income of its cocoa farmers and restructuring $13 billion of its international bonds.
These dual actions represent a critical moment for the West African nation as it seeks to fortify its financial...
By Juliet ETEFE ([email protected])
Export value of cocoa products has experienced a significant decline between the first and second quarters of 2024, the Ghana Statistical Service (GSS) disclosed.
In the first quarter, cocoa bean exports generated about GHȼ5.1 billion, but this figure dropped sharply to GHȼ 1.1 billion in the second...
The Cocoa Marketing Company (CMC), Ghana Shippers' Authority (GSA), and 17 shipping lines involved in Ghana’s cocoa trade have successfully concluded negotiations, agreeing to an average 5% increase in the basic freight rate for the 2024/2025 cocoa season.
However, the Bunker (Fuel) Adjustment Factor (BAF) remains the same as last...
The recent statements by WaterAid, FAGE and VEPEAG, among others, serve as a stark reminder of the devastating consequences from illegal mining, 'galamsey', in Ghana.
This uncontrolled practice has wrought havoc on our environment, sour food and water security and undermined our economic progress.
The scale of destruction caused by galamsey...
Ghana Cocoa Board (COCOBOD) announced a significant increase in cocoa price for the 2024-2025 season, pegging it at GH¢48,000 per tonne.
This translates to GH¢3,000 per 64-kilogramme bag of cocoa, marking an unprecedented 129.36 percent increase from the previous season.
Minister for Food and Agriculture Bryan Acheampong made the important announcement...
Increase in producer cocoa price heartwarming for farmers
Ghana Cocoa Board (COCOBOD) announced a significant increase in cocoa price for the 2024-2025 season, pegging it at GH¢48,000 per tonne.
This translates to GH¢3,000 per 64-kilogramme bag of cocoa, marking an unprecedented 129.36 percent increase from the previous season.
Minister for Food and...
By Kwame Asamoah
In all my years in the cocoa-chocolate sector, one of the most frustrating observations I've made is how reverse psychology is often employed in bad faith. It's used to justify reactionary moves and political rhetoric, all while exploiting the public's lack of awareness about our underlying mistakes...
By Joshua Worlasi AMLANU &Ebenezer Chike Adjei Njoku
The Ghana Cocoa Board (COCOBOD) has announced a significant increase in the price of cocoa for the 2024-2025 season, pegging the price at GH¢48,000 per tonne.
This translates to GH¢3,000 per 64-kilogram bag of cocoa, marking an unprecedented 129.36 percent increase from the...
By Samuel Tetteh TEI
For anyone who cares about the future we’re leaving for the generations to come, the sight of polluted rivers by mining activities doesn’t just sadden the heart— it breaks your spirit. Once-clear waters have turned cloudy and toxic, leaving you to wonder whether our leaders genuinely...
By Kizito CUDJOE
The Ghana Civil Society Cocoa Platform (GCCP) has issued a stern warning to government, noting a looming threat of collapsing local Licensed Buying Companies (LBCs) as the country approaches its 2024/2025 cocoa season.
In their reflections on the 2023/2024 cocoa season, GCCP emphasised that the demise of these...