Ghana Cocoa Board (Cocobod) is vigorously exploring prospects in the Chinese market for the country’s premium cocoa products, for which reason meetings have been ongoing between the two sides. Cocobod also plans to make a good showing at the maiden China International Import Exposition to be held in Shanghai from...
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...
Ghana's cocoa purchases fell between October and mid-January compared to last season and it may miss its full-season output target because of dry weather, senior regulatory sources said. Cocoa purchased from farmers and delivered to the regulator Cocobod totalled 560,000 tonnes between the beginning of the season in October and...
 “What's the brain surgery in making chocolates? The price of cocoa beans always falls, but never the price of chocolates” Around the world, chocolate in all shapes and sizes symbolise Easter and bring joy to millions of kids and adults alike. And the demand for chocolate will most likely continue...
Excess supplies seen falling from record to about 50,000 tonnes Demand is growing in countries, including Indonesia and India The world just can’t get enough chocolate. With "tremendous" demand in emerging markets looking set to continue this season, the world’s third-largest cocoa processor is projecting a sharply smaller global surplus....
Despite the growing threat of COVID-19 to virtually all aspects of business and the economy, the Ghana Cocoa Board (COCOBOD) has given the strongest assurance that its annual cocoa syndication loan facility will go ahead without any hitches. Joseph Boahen Aidoo, CEO of COCOBOD, assured farmers and other industry stakeholders...
Senior Minister, Yaw Osafo-Maafo, has said the time is ripe for Ghana and Cote d’Ivoire to develop strategies that will bring new life to the cocoa value chain and improve wellbeing of farmers. “At the economic management level, we are looking at a possible insurance system for our farmers. We...
The District Manager of Kuapa Kooko Limited (KKL) at Akontombra in the Western Region, Eric Fiifi Cudjoe, is in the grips of the Police for allegedly embezzling GH¢4,850,700, belonging to the company. The amount he is alleged to have expended was meant for the purchase of 10,212 bags of cocoa...
As impressed on the populace by President Nana Akufo-Addo, in order to achieve a Ghana beyond aid, the country needs to change the structure of its economy from one that mostly produces raw materials to one of value addition. At a one-day cocoa-investors’ forum that brought together key players in...
Cocoa Abrabopa Association (CAA) is one of the leading farmer-based organizations in Ghana that has been established to promote the socio-economic wellbeing of smallholder cocoa farmers. The association was established in partnership with African Tiger Holding Ltd (ATHL) to sponsor the establishment of a contributory pension scheme within the...