COCOBOD has dismissed allegations by Dennis Miracles Aboagye, Director of Communications for the Bawumia 2024 campaign, that CEO Dr. Randy Abbey was seen carrying a leather chair during farm tours, stating he is “not Akufo-Addo’s relative to be carrying chairs about.” Sam Jerome, COCOBOD’s Head of Corporate Communications, denied …
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The Ghana Cocoa Board is urging the general public, stakeholders, and members of the media to disregard any statements or reports suggesting that a decision has been made regarding the announcement of a new producer price for cocoa. In an official statement, COCOBOD clarified that these claims are false, as …
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The Ghana Cocoa Board (COCOBOD) has announced that the producer price of cocoa will remain unchanged for the 2025/2026 season. In a letter to the Licensed Cocoa Buyers’ Association of Ghana (LICOBAG), COCOBOD explained that the decision followed a thorough assessment of the operational and financial implications for the local …
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President John Dramani Mahama has delivered a stark assessment of Ghana’s economic situation, describing the nation as “broken on many fronts” due to staggering debt and financial mismanagement. Presenting his first State of the Nation Address (SONA) of his second term to Parliament in Accra on Thursday, February 27, he …
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Ghana Cocoa Board (COCOBOD) has dismissed claims circulating on social media that the government has announced an increase in cocoa prices, stating that such reports are entirely false. The regulatory body has urged stakeholders and the public to disregard the misinformation and rely only on official communication channels for accurate …
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Dr. Ransford Anertey Abbey has been appointed as the Acting Chief Executive Officer (CEO) of the Ghana Cocoa Board (COCOBOD) by President John Dramani Mahama. The appointment was formally announced in a letter dated January 21, 2025, in accordance with Article 195(1) of the 1992 Constitution and Section 12(2) of …
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The Chief Executive Officer of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has officially stepped down from his position, effective January 7, 2025. His resignation follows a directive issued on January 13, 2025 regarding the cessation of all board memberships of State-Owned Enterprises (SOEs). In a letter to President John …
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Ghana Cocoa Board (COCOBOD) has vehemently denied claims that it was rejected by international banks in its quest to secure a $1.5 billion loan for the 2024/2025 cocoa crop season. This comes after Minority Leader Cassiel Ato Forson alleged that the loan request failed to attract interest from international banks …
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The Ghana Cocoa Board (COCOBOD) has announced the cancellation of six cocoa road projects due to financial challenges. These projects are part of 14 road initiatives launched by COCOBOD between 2015 and 2016, spanning seven regions, with an estimated total value of 370 million Ghana cedis. Nearly a decade later, …
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The Ghana Cocoa Board (COCOBOD) has responded to claims of consistent default on its loans, clarifying its financial obligations and repayment status. According to COCOBOD, as of December 31, 2022, its total debt to the Bank of Ghana stood at GH¢8.24 billion. This includes a GHS1.99 billion 10-year loan facility …
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