CPC Collapsing Over $100m Debt
A debt stock of about $100 million is crippling the Cocoa Processing Company (CPC) located at Tema. West Africa’s largest local processor, CPC, which has been listed on the Ghana Stock Exchange...
Tag: chocolate
COCOBOD Considers Buying All Shares of Debt-Ridden CPC
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...
Cocoa Processing Companies To Benefit From Special Intervention Program – Deputy Trade Minister
The Deputy Minister for Trade and Industry, Carlos Ahenkorah has emphasised government’s commitment to boost the capacity of existing companies in the country to ensure long term growth and the...
33% of Cocoa Trees Unproductive
The Chief Executive Officer (CEO) for Ghana Cocoa Board (Cocobod), Mr. Boahen Aidoo has indicated on Rainbow Radio 87.5Fm that , government will intensify the provision of hybrid seedlings that have...
It’s Time To Load Up On Chocolates Before Cocoa Rebounds
Chocolate addicts, it’s probably a good time to start stocking up. The treats may not be this cheap much longer. Cocoa’s 42 per cent slump over the last 12 months makes it the worst performer...
Three Saved From Lynching For Alleged Highway Robberies
Three robbery suspects have been arrested by police in the Eastern Region for allegedly robbing some drivers in separate incidents on the Nsutam-Apedwa Highways. The suspects were apprehended by...
Ghana – Cote d’Ivoire Partnership Could Stabilise Cocoa Prices – Expert
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...
COCOBOD Hopeful of 2016/17 Targets As It Signs New LBC
The Ghana COCOBOD has reiterated its optimism of meeting the one million metric tonnes cocoa output target at least by the end of the next four years. According to the Cocoa industry regulator, its...
Inside the Cocoa Factory Which Produces Snakes
Constructed on the occasion of Ghana’s 50th Anniversary to salute the man who is officially recognized as the one who brought cocoa into the country, the chocolate factory which was earmarked to...
Let’s Process More Cocoa As Beverage – COCOBOD CEO
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....
Africa Must Diversify Its Markets
The World Bank’s Chief Economist for Africa, Mr Albert Zeufack, says there are enormous potential for Africa to develop by diversifying its markets and exports. He said while it was important for...
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...
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...
Ghana Likely To Miss 2017/18 Cocoa Target Over Unfavourable Weather
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...
Nestle, Others Agree To End Deforestation In Ghana, Ivory Coast
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...
12 World’s Leading Cocoa Companies Pledge To Help Ghana Fight Galamsey
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...
Cocoa Industry Agrees Plan To Tackle Deforestation
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...
Chocolate Oatmeal Smoothie
Start your day proper with this delicious and highly nutritious chocolate oatmeal smoothie. Yes, you can have chocolate for breakfast! Oatmeal is a popular and healthy breakfast option. You can take...
Assets, Accounts of Dr Opuni Frozen As EOCO Investigates Him of Corruption
Assets and accounts of the former Chief Executive of the Ghana Cocoa Board (COCOBOD), Dr Stephen Opuni, have been frozen, 3News can authoritatively report. The freeze is in line with an ongoing...
How To Prepare Warm Chocolate Avocado Smoothie
When the cold weather sets in I naturally turn to warmer food and drink such as soup, stew, broth, and tea. A cold smoothie is just not appealing. I typically consume elixirs in the winter. However,...