The Ghana Cocoa Board said the purchase of the 2016/2017 Main Crop Cocoa Season would cease at the close of business on Thursday, May 18, 2017. This was in a statement issued by the Chief Executive Officer of COCOBD and copied to the Ghana News Agency on Sunday. It said in order to assist the … Read more
COCOBOD said the purchase of the 2016/2017 main crop cocoa season will end at the close Thursday The Ghana Cocoa Board said the purchase of the 2016/2017 Main Crop Cocoa Season will end at the close of business on Thursday, May 18, 2017. This was in a statement issued by the Chief Executive Officer of … Read more
Plans to rake in GH¢3.92 billion from the cocoa sector this year are on the line, following a 17.7 per cent fall in prices of the soft commodity in the first three months of the year. After ending the first quarter at an average of US$2,039 per tonnes, cocoa prices have already fallen short of … Read more
The Ministers for Food & Agriculture, Trade and Industry, Executives of COCOBOD and the Asantehene, Otumfuo Osei Tutu II have pledged their support to Cargill in its bid to improve the cocoa sector. In separate courtesy calls paid on the sector Ministers and the Asantehene following the launch of Cargill’s Ghana’s Licensed Buying Company (LBC) … Read more
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 of those farms will be … Read more
A study has ascertained that of all the factors driving deforestation in Ghana, agriculture is prime with cocoa cultivation being the leading cause of forest conversion in the high forest zone, while oil palm and rubber are becoming major threats. The study revealed that logging itself does not convert forests, but it opens up the … Read more
The Ghana Cocoa Board (COCOBOD) is to undertake massive rehabilitation of cocoa farms in the country. In view of this, 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. In addition, owners of those farms will be compensated. Currently, 80 … Read more
Armyworms have invaded several cocoa farms in the Ejisu-Juaben municipality in the Ashanti region. The affected farmers say the application of pesticides to control the disease have not worked as it continues to spread to other farms. The farms are in Mamponteng, Kona, Atia, Boamang, Amampama and other cocoa growing communities and it is likely … Read more
The Ghana Cocoa Board (Cocobod) has launched a project to treat and rehabilitate some 10,000 hectares of diseased and overage cocoa farms in the Western North and Eastern regions this year. The project will involve the removal of 11 million trees for replanting. Currently, about 17%of cocoa area, that is about 309,830.73 hectares, surveyed is … Read more
A supply and value chain expert, Vincent Ebo Ocran, is proposing a partnership between Ghana and Cote d’Ivoire as a measure to ensure a stabilisation of cocoa prices on the world market. He argued that the two countries being Ghana and Ivory Coast being the largest cocoa producers in the world unfortunately has little or … Read more
Radio Presenter, Nana Kojo Yirenkyi popularly referred to as Captain Smart on Wednesday morning took on officials of COCOBOD on his popular show, FABEWOSO for acts of corruption and negligence. According to Captain Smart, the rot and sheer negligence of officials of the company responsible for the production and sale of Cocoa in Ghana is … Read more
The Chief Executive Officer (CEO) of the Ghana Cocoa Board (COCOBOD), Joseph Boahene-Aidoo, has urged major players in the cocoa chain to do more to promote cocoa as a beverage throughout the world. “Let us together promote the raw less processed cocoa as a beverage to prevent the many avoidable health bills that we pay … Read more
The Minister of Agriculture, Dr. Owusu Afriyie Akoto has predicted a further drop in revenue from cocoa for this year. This also comes after the ten percent drop in revenue from cocoa exports between February 2016 and February 2017. According to the Minister, the declining global price of cocoa will largely affect the cocoa subsector … Read more
Some cocoa farmers in the country have called on the government to halt the indiscriminate sale of cocoa farms to small – scale miners. According to the farmers, the sale and destruction of cocoa farms must be stopped immediately by government, to prevent a significant drop in projected harvest for the 2016/2017 season and in … Read more
Galamsey operations, according to the union, have popped up in some communities Cocoa production may significantly reduce in the country and affect Ghana’s foreign exchange earnings if illegal mining popularly known as galamsey is not checked. This is because Asunafo North Co-operative Cocoa Farmers and Marketing Union in the Brong Ahafo Region have threatened to … Read more
Government has indicated that it is scrapping the free fertilizer distribution policy aimed at aiding Cocoa farmers in the country. This was because the policy had failed to the target farmers, Joseph Boahen Aidoo, CEO of COCOBOD told Starr Business. He said the abolished programme will be replaced by the re-introduction of the mass cocoa … Read more
Ghana may miss its cocoa production target for the 2017/2018 crop season if the weather pattern forecast by the Ghana Meteorological Service is anything to go by. The service has predicted severe weather pattern that may cause downpour leading to flooding in the coastal zones but minimal levels in the middle belt. Already, the number … Read more
The world’s largest chocolate makers, including Nestlé, Mars and Mondelez, and cocoa traders, such as Cargill and Olam, have agreed to co-operate in ending deforestation in key cocoa growing areas, starting with the Ivory Coast and Ghana. The Twelve companies signed the agreement at a meeting hosted by Prince Charles in London on Thursday to … Read more
Twelve of the world’s leading cocoa and chocolate companies have promised to help Ghana address the issue of illegal mining known as galamsey which is destroying many forests. This was announced Friday at a meeting jointly held by the World Cocoa Foundation (WCF), IDH-the Sustainable Trade Initiative (IDH), and The Prince’s International Sustainability Unit (ISU) … Read more
Major chocolate makers, including Ferrero, Nestle and Mars, agreed Thursday a landmark initiative to tackle deforestation in top cocoa producers Ivory Coast and Ghana — a move hailed by Prince Charles. Twelve cocoa and chocolate companies agreed to “a statement of collective intent” committing them to work to end deforestation and forest degradation in the … Read more