The Board of Cocobod is considering buying off the shares of the Cocoa Processing Company of Ghana to forestall its collapse. This is one of the numerous proposals being considered by the board in the face of the growing debts owed by the company. The CPC owes some syndicated banks led by Barclays Bank to … Read more
Workers of the Cocoa Processing Company(CPC) have appealed to government to delist the company from the Ghana Stock Exchange(GSE) due to its dwindling performance over the years. According to them, it will be financially viable for government to delist and control the company since it is the majority shareholder. Currently, COCOBOD owns about 57 percent … Read more
A commercial court in Accra is expected to hear a case involving CAL Bank and the University of Ghana, on 13th December 2016, over the latter’s failure to pay for a 43 million cedis loan facility it contracted in 2007. The University is also reported as breaching a payment plan agreed on with by CAL … Read more