Cocobod has initiated reforms to clear its debts of up to 19.6 billion cedis (US$4.45bn) which resulting from bloated contracts and wasteful expenditure by previous managers, the chief executive said last week Wednesday. Joseph Boahen Aidoo said, on taking up his post in February, that his administration had discovered US$400million...
Nyonkopa Cocoa Buying Limited continues to make giant strides in Ghana’s cocoa industry. The latest of its many innovative interventions is the launch of Nyonkodo Farmer Life Plan, a bundled insurance, pension and scholarship plan for its farmers at Sefwi Wiawso in the Western Region of Ghana. Speaking at the...
The General Manager of Cadbury Cocoa World, Mr. Gerrard Baldwin, has described the country’s cocoa as best quality and a key ingredient of Cadbury chocolates and other confectioneries. Mr. Baldwin said that about 25% of cocoa used for making Cadbury chocolates is sourced from Ghana. According to Baldwin, Cadbury World -...
Mr. Randy Boitey, the Eastern Regional Cocoa Extension Service Officer has said 400,000 hectares of cocoa farms are to be irrigated, this year, under a pilot project, launched by the government to boost cocoa production. The programme to begin with the 27 cocoa centres across the nation and some selected...
Thebftonline.com can confirm that barring any last minute decision from the government, cocoa farmers will have to purchase fertilizer for their cocoa farms beginning this 2017/2018 crop season. This new policy direction is contained in a seven-page document seeking reforms of the cocoa sector aimed at increasing productivity and the...
The regulator of cocoa sector in Ghana, Cocoa Board (COCOBOD), is to undertake a rehabilitation of cocoa farms in the country. According to Cocobod, all cocoa trees over 30 years on about 50,000 hectares of cocoa farms would be destroyed and replanted at no cost to the farmer while owners...