Government Cancels COCOBOd’S GH?225m Contract

A contract worth GH¢255 million awarded by the John Dramani Mahama administration for the supply of farm inputs to cocoa farmers has been cancelled by President Nana Addo Dankwa Akufo-Addo upon the advice of the newly inaugurated Board of Ghana Cocoa Board (COCOBOD). The name of the contractor is immediately not known. However, the company … Read more

Cocoa Revenue To Drop Further Over Falling Global Prices – Agric Minister

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

Ghanaians Fire Opuni Over GHC75000 Salary

Many Ghanaians are fuming with anger on social media after an unverified list detailing the huge salaries of some public chief executive officers in the country went viral. The New Board Chairman of the Ghana Cocoa Board (COCOBOD) Hackman Owusu-Agyemang after his swearing in into office, revealed that the former CEO of the COCOBOD was … Read more

Government Cancels GHC225m Cocoa Contract Awarded By Opuni

A contract worth GHC225million that was awarded by the erstwhile John Dramani Mahama-led government for the supply of farm inputs has been cancelled by President Nana Addo Dankwa Akufo-Addo upon the advice of the newly inaugurated Board of Cocobod. The name of the contractor is immediately not known. However, the company, Kasapafmonline.com understands, was contracted … Read more

GHc75,000 COCOBOD CEO’S Salary Shocks Professional Ethics Lecturer

Lecturer of professional ethics at the Methodist University College, Dr Osei Bonsu Owusu says the monthly salary of GHc75,000 paid to former chief executive officer of COCOBOD by the previous board amounted to causing financial loss to the state. He argued that it is time implementation of universal salary structure was applied across all sectors … Read more

GHC75,000 COCOBOD CEO’S Salary Shocks Professional Ethics Lecturer

Lecturer of professional ethics at the Methodist University College, Dr Osei Bonsu Owusu says the monthly salary of GHc75,000 paid to former chief executive officer of COCOBOD by the previous board amounted to causing financial loss to the state. He argued that it is time implementation of universal salary structure was applied across all sectors … Read more

Opuni Should Have Rejected GHc70, 000 Salary – MP

The Vice Chair of the Cocoa Affairs Committee of Parliament, Kwame Asafu Adjei, has said the former Chief Executive of Ghana Cocoa Board (COCOBOD), Stephen Opuni, should have rejected the GHc70,000 paid him as monthly salary. Asafu Adjei, who is also the Member of Parliament for the Nsuta-Kwamang-Beposo Constituency, said he was shocked upon hearing … Read more

Top Officials Pocket Over C70,000 Monthly Amid Cocoa Losses

Whether the COCOBOD CEOs salaries are cut or not, the monthly pay of some top officials of the board remain higher than that of the president of the Republic of Ghana! The new chairman of the Ghana Cocoa Board, Hackman Owusu-Agyeman has stressed the need and relevance of government’s plan to cut down the salaries of … Read more

GHC 70,000 Salary For COCOBOD CEO Unthinkable – Hackman

The new Board Chairman of the Ghana Cocoa Board (COCOBOD), Hackman Owusu-Agyeman, believes the slashing of the “outrageous” salaries of COCOBOD’s top management is only a reasonable step to align the Board with the state remuneration structure. “COCOBOD is a state institution. It cannot be taken out of the context of the overall remuneration structure … Read more

$1.8 Billion Cocoa Loan ‘all Gone’

The $1.8billion Cocoa Syndicated Loan meant for this year’s cocoa production season has been exhausted, Chairman of the Ghana COCOBOD, Mr Hackman Owusu-Agyeman has disclosed. According to him, there is no money although COCOBOD is yet to finish with the purchase of the crop. “The syndicated loan of $1.8million that we had hoped to use … Read more

Nothing Wrong If COCOBOD CEO Earns GHc70,000 A Month

Former flagbearer of the defunct Independent People’s Party (IPP) now Liberal Party of Ghana (LPG) Percival Kofi Akpaloo believes the beleaguered former COCOBOD CEO Dr Stephen Kwabena Opuni deserves the GH¢70,000 monthly salary. He wondered why the technical trainer of the Black Stars will earn $50,000 a month but same cannot be said about the … Read more

US$1.8bn Cocoa Syndicated Loan Exhausted – Hackman

The newly sworn-in Chairman of the Ghana COCOBOD, Mr. Hackman Owusu-Agyeman has disclosed that the US$1.8 billion Cocoa Syndicated Loan meant for this year’s cocoa production season has been exhausted despite outstanding payments yet to made. According to him, it is worrying that the funds were all not invested in the cocoa sector to improve … Read more

US$1.8bn Cocoa Syndicated Loan Exhausted

The newly sworn-in Chairman of the Ghana COCOBOD, Mr. Hackman Owusu-Agyeman has disclosed that the US$1.8 billion Cocoa Syndicated Loan meant for this year’s cocoa production season has been exhausted despite outstanding payments yet to made. According to him, it is worrying that the funds were all not invested in the cocoa sector to improve … Read more

Aim At 1m Tonnes – Nana Addo To New Cocoa Marketing Board

President Akufo-Addo has charged the newly sworn in Board of Directors of the Cocoa Marketing Company to work tirelessly to lift Ghana’s Cocoa production to 1 million tonnes per annum. Speaking after administering two oaths to the 11- member board, the President said Ghana’s Cocoa sector has been awash with widespread corruption which are under … Read more

GHC70,000 Salary For Cocobod CEO Unthinkable – Hackman

The new Board Chairman of the Ghana Cocoa Board (Cocobod), Hackman Owusu-Agyeman, believes the slashing of the “outrageous” salaries of Cocobod’s top management is only a reasonable step to align the Board with the state remuneration structure. “Cocobod is a state institution. It cannot be taken out of the context of the overall remuneration structure … Read more

Cocobod CEO Earns GHC70,000 Monthly Salary

The Chief Executive Officer of the Ghana Cocoa Board (Cocobod) earns a whopping GHC70,000 monthly, according to the new board chairman of the outfit Hackman Owusu-Agyeman. According to the former Foreign Affairs Minister, the figure is “outrageous” hence the decision to slash the salaries of top management of Cocobod. He noted that despite the cut … Read more

GHc 70,000 Salary For COCOBOD CEO Unthinkable

The new Board Chairman of the Ghana Cocoa Board (COCOBOD), Hackman Owusu-Agyeman, believes the slashing of the “outrageous” salaries of COCOBOD’s top management is only a reasonable step to align the Board with the state remuneration structure. “COCOBOD is a state institution. It cannot be taken out of the context of the overall remuneration structure … Read more

Government Must Halt Sale of Cocoa Farms To Miners – Farmers

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

We Will Burn Our Cocoa Farms If Galamsey Activities Don’t Stop – Asunafo North Farmers

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

Gov’t Scraps Free Fertilizer Policy

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