INVESTIGATIONS conducted by Today have it that Ghana will soon lose its position as the second largest Cocoa producing country in the world as many cocoa farmers in the Western Region are cutting down their cocoa trees, and replacing them with rubber. The development, Today learnt if not halted will affect the the country’s economy. … Read more
The Chief Executive Officer of Ghana Cocoa Board (COCOBOD), Mr. Joseph Boahen Aidoo has expressed optimism that Ghana can reap huge benefits from its cocoa products by increasing local consumption and the annual output of the product. According to him, the quantum of cocoa exported to the world market was enormous hence causing volatility in … Read more
On Thursday striking growers brandished documents showing buyers have not paid them Ivorian cocoa farmers have agreed to call off their strike to allow for talks with the Coffee and Cocoa Council. Stockpiles of cocoa have built up over the past few months in Ivorian ports as exporters have defaulted on orders. Meanwhile the farmers … Read more
Reports of Ghana using child labour on its cocoa farms are grossly exaggerated and not a true reflection of practices in cocoa growing areas, the Western Regional Minister designate has said. When he appeared before the Appointments Committee of Parliament (ACP) yesterday, Dr Kwaku Afriyie said he doubted the findings of researchers from the West … Read more
The Ghana Cocoa Coffee and Shea-nut Farmers Association (GCCSFA) has appealed to the government to bring back the Akuafo Cheque System to protect them from cheating by unscrupulous purchasing clerks. Receiving payment for cocoa sold to the licensed buying companies (LBCs) through the bank, they said would also enable them to secure loans from the … Read more
The Minister Designate for Roads and Highways Kwasi Amoako- Attah has hinted that portions of cocoa proceeds will be used to repair damaged cocoa roads to guarantee a smooth transfer of the product from the rural areas. Speaking at the Appointments Committee of parliament, Mr. Amoako-Attah emphasized the need to improve cocoa roads in the … Read more
The Minister Designate for Roads and Highways Kwasi Amoako- Attah has hinted that portions of cocoa proceeds will be used to repair damaged cocoa roads to guarantee a smooth transfer of the product from the rural areas. Speaking at the Appointments Committee of parliament, Mr. Amoako-Attah emphasized the need to improve cocoa roads in the … Read more
The Alliance for Development and industrialization, (ADI), an advocacy group and think tank comprising new generation entrepreneurs and business executives, has noted with great concern the decline in Ghana’s cocoa production over the past years. From a peak of one million tons achieved at the start of the decade, Ghana’s annual cocoa production has declined … Read more
The Alliance for Development and industrialization, (ADI), an advocacy group and think tank comprising new generation entrepreneurs and business executives, has noted with great concern the decline in Ghana’s cocoa production over the past years. From a peak of one million tons achieved at the start of the decade, Ghana’s annual cocoa production has declined … Read more
Yara Ghana Limited., a leading fertilizer company, has appointed Mr. Danquah Addo-Yobo as the Managing Director to lead the vision and mission of the company. Danquah Addo-Yobo was the Chief Financial Officer of the company before taking up this role. Before joining Yara in 2014, Danquah Addo-Yobo had worked with the AP Moller-Maersk Group for … Read more
Executive director of the Cocoa Health and Extension Division at Ghana Cocoa Board (COCOBOD), Dr. Francis Baah has lashed out at cocoa farmers over complaints of inadequate government support. Speaking on the sidelines of the New Year School programme at the University of Ghana, Wednesday, Dr. Baah noted that cocoa farmers in Ghana receive the … Read more
Cocoa shortage is looming in Ghana as illegal diamond and gold mining activities are killing cocoa farms in mining communities in the country, Today investigations have revealed. Farmers from cocoa growing communities in Ashanti, Western, Brong Ahafo and the three Northern Regions—Northern, Upper East and Upper West— told Today that they are being forced by … Read more
Cocoa processing volumes by European grinders recorded an unexpectedly weak finish to 2016 – although the data provoked only minimal losses in futures, amid hopes for demand improvement this year. Cocoa processors such as Barry Callebaut, Cargill and Olam ground 339,379 tonnes of beans in the October-to-December period, the European Cocoa Association said. That represented … Read more
It appears the Nana Akufo-Addo government may move the Ghana Cocoa Board (COCOBOD) from the supervision of the Ministry of Finance to the Ministry of Agriculture. Shortly after Dr. Owusu Afriyie Akoto was named as the Minister for Agriculture, pending parliamentary approval, some observers pointed out that the new government may change the supervisory role … Read more
Ghana, the world’s second-largest cocoa producer, has put in place a number of interventions and best agronomic practices to help double the output of the crop within ten years. Ghana’s cocoa industry touted as the nation’s economic backbone, will receive a further boost in its average annual cocoa output to over 1 million tonnes from … Read more
Over 3,000 cocoa farmers in the Asunafo South District of the Brong Ahafo Region have threatened to blacklist licensed cocoa buying companies who are cheating them by adjusting their weighing scales. According to the cocoa farmers, the attitude of these purchasing clerks was affecting their work. Speaking at the launch of the Asunafo South Cocoa … Read more
The Ghana Cocoa Board (COCOBOD) says it has released funds to qualified Licensed Buying Companies (LBC) to purchase cocoa for the 2016/2017 cocoa season. A statement by COCOBOD, and copied to the Ghana News Agency said the seed funds were released to the LBCs for cocoa purchases on revolving basis. This means that the LBCs … Read more
Imagine how food and cash crops were produced in the 1900s. Peasant farming held sway at the time across the country. Documents concerning the evolution of farming over the years show steady increase in volume of cash and food crops. Food crop production was carried out in the Southern part of the country and the … Read more
The Ghana Cocoa Board (COCOBOD) has debunked rumours circulating within the industry, that funds for the purchase of cocoa for the 2016\2017 crop season are unavailable. A statement issued in Accra by the Public Affairs Department, assured stakeholders, especially farmers, that sufficient funds had been released to qualified Licenced Buying Companies (LBCs) to purchase cocoa, … Read more
COCOBOD has rejected claims of not releasing sufficient funds to purchase cocoa for the 2016/2017 crop season. It follows reports that some License Buying Companies have been starved of sufficient funds making it difficult to purchase cocoa beans. COCOBOD last month secured a syndicated loan of $1.8 billion for cocoa purchases for the 2016/2017 crop … Read more