A software for purchasing and monitoring cocoa electronically is set to help drive the cash-lite agenda for financial inclusion in the country. Popularly called CocoaAsempa, the software has enhanced financial intermediation and inclusion amongst farmers and farmer groups. There has indeed been some level of success with the mobile...
The Bulk Oil Storage and Transportation Company Limited (BOST) made a net profit in excess of GH¢163million last year, compared with a net loss of GH¢291million registered in 2020. This represents an over GH¢451million improvement in the company’s financial performance during the period.  Details of operational results are shown in...
It’s easy to forget now but there was a time early on in the pandemic when the price of gold was in freefall. It was a curious thing, with the virus sparking a collapse in the global economy, and it would prove in time to be one of the great...
Employees and community members of Golden Star Resources’ (GSR) recently sold Bogoso Prestea Mine are petitioning the government to intervene in the mine’s sale due to inherent risks the deal poses to Ghanaian employees and the micro-economy of Prestea Huni-Valley Municipality. The employees are saying the deal if allowed to...
It was just three years ago that Mr Emmanuel Eyisi, a member of Cooperative Cocoa Farmers and Marketing Union (CCP) in the Suhum Kraboa Coaltar District had his six-acre cocoa farm ravaged by indiscriminate bush fires. He had invested all his resources and his cocoa trees had pods nearing maturity...
Nyonkopa Cocoa Buying Limited and Barry Callebaut Ghana, subsidiaries of Barry Callebaut Group - a global leader in the chocolate industry, has joined the COVID-19 fight by donating handwashing kits to Cocobod for distribution to cocoa farming communities. The items - valued at US$2,500 - include 300 Veronica buckets, liquid...
Demeter Ghana Limited and Beft Agro Limited have renewed their partnership with the Ghana Cocoa Board (COCOBOD) to provide cocoa farmers with Omya Calciprill to tackle soil acidity (low pH). Studies have shown that low soil pH levels lead to low cocoa cultivation yields as it inhibits the levels of...
The Ghana Upstream Petroleum Chamber has called on the Chief Executive Officer of the Petroleum Commission and his management team to present a position paper on the relationship between the PC as a regulator and the Upstream Petroleum Companies. Presenting the paper, the CEO of the Upstream Petroleum Chamber, David...