Cocoa Producer Price Adjusted
The Ghana Cocoa Board (COCOBOD) has reviewed, upwards, the producer price of cocoa, from GH¢6,720 per tonne, to GH¢7,520 for the 2016/2017 season. A statement issued in Accra, and copied to the...
Tag: Ghana Cocoa Board
Cocoa Producer Price Increased To GH?7,520 Per Tonne
The Ghana Cocoa Board (COCOBOD) has reviewed upwards, the producer price of cocoa from GH?6,720.00 per tonne to GH?7,520 per tonne for the 2016/2017 season. A statement issued in Accra and copied to...
Denying The Truth Is An Insult To The Deprived Children You Rode On To Fame
The mendacity that now pollutes the politics of this nation provokes a degree of understandable cynicism that makes trust an almost saintly virtue. Lower standards and a diminished regard for...
Denying Yourself the Gospel Truth; Posterity Is Watching
Denying yourself the gospel truth; posterity is watching By Lewis Kwame Addo The mendacity that now pollutes the politics of this nation provokes a degree of understandable cynicism that makes trust...
$74m Voted To Support Youth In Cocoa Sector
A $74 million project focusing on creating employment opportunities for young people in the cocoa sector has been launched. The five-year project is targeting more than 200,000...
Greenstreet Lashes Out At Gov’t Over New Cocoa Producer Price
Presidential nominee for the Convention People’s Party, Ivor Greenstreet, says the new cocoa producer price announced by the government is inadequate, and falls short of the investment of the cocoa...
Cocobod Woos Youth Into Cocoa Growing
Cocobod has encouraged the youth to venture into cocoa growing to sustain the industry which has over the years kept the national economy going. Dr. Stephen Kwabena Opuni, the Chief Executive Officer...
New Cocoa Prices Meant To Motivate Farmers – Cocobod
Cocobod has announced that the 11.76% increase in the producer price of cocoa for the 2016/2016 crop season is to motivate farmers and also curb the smuggling of the commodity to neighbouring La Cote...
Over 80,000 Youth To Be Trained In Cocoa Farming
More than 80,000 young people are to benefit from a training programme to prepare them to venture into cocoa cultivation. Dubbed: "Ma so", which literally means ‘lift it’, the five-year programme...
Govt Announces New Producer Price of Cocoa
Government has increased the producer price of cocoa from 6,800 cedis per tonne to 7,600 cedis per tonne for the 2016/17 cocoa season. This means every 64kg bag of cocoa beans will attract 475 cedis...
COCOBOD Gives Out 400, 000 Liters of Fertilizers
One million, four hundred and thirteen thousand, three hundred and thirty three (1,413,333) hectares of cocoa farms in the country have benefited from the free fertilizers under Ghana Cocoa Board’s...
Gov’t Wants SOEs To Go For Corporate Ratings
The Ministry of Finance is courting state-owned enterprises (SOEs) to offer themselves up for corporate ratings to enable them to borrow on their own balance sheets to finance projects. The Minister...
Banks Can’t Absorb US$1.8billion Cocoa Loan Inflow
Banks have admitted their inability to take the entire US$1.8 cocoa loan at once, an admission that supports moves by the central bank to delay direct transfers of the loan into the banking sector...
HFC Bank Earmarks GH¢198.1m Credit For Cocoa Sector
HFC bank has announced plans to increase its investment in the cocoa sector from GH¢90 million to GH¢198.1 million in order to further augment the availability of funds to players in the sector....
Additional $200m Loan Awaits COCOBOD
The Ghana Cocoa Board (COCOBOD) has signed a $1.8billion cocoa syndicated loan agreement in Frankfurt, Germany, for the 2016/2017 cocoa crop year. The facility will go into the purchase of cocoa...
BoG To Auction Proceeds From Cocoa Syndicated Loan
Citi Business News has gathered that Ghana will soon start inviting bids for the auctioning of the foreign-exchange proceeds from the Ghana Cocoa Board’s syndicated loans for the 2016/2017 crop...
Cocobod’s US$1.8bn Syndicated Loan Ready In Two-Weeks
Ghana Cocoa Board (COCOBOD) says it secured US$1.8 billion syndicated loan from a consortium of banks to allow it purchase cocoa beans for the 2016/2017 crop season beginning next month will hit Bank...
No Political Motives In Fertiliser Distribution
Allegations of discrimination in the supply of farm inputs to cocoa farmers have been denied by the Ghana Cocoa Board (Cocobod). Accusations swirled that cocoa farmers affiliated to the governing...
Brexit Pushes Rate On Cocobod Loan To 1.47%
The Ghana Cocoa Board (Cocobod) will pay more for it's annual cocoa loan this year than it did for the US$1.8 billion it took from the international finance market last year. Although the board is...
COCOBOD Distributes Seedlings To Farmers To Increase Production
In a bid to increase cocoa production in the country, the Ghana Cocoa Board (COCOBOD) has raised and distributed 60 million quality hybrid seedlings and four million permanent shade tree seedlings to...