Tag Archives: COCOBOD

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 …

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, …

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 …

The National Democratic Congress’ Member of Parliament for Asunafo South, Mr. Eric Opoku, has accused Joseph Boahen Aidoo, the Chief Executive Officer of the Ghana Cocoa Board, of misleading the public about financial challenges he purportedly faced upon assuming office in January 2017. In an interview on Joy FM’s Super …

The Ghana Cocoa Board (COCOBOD) has announced the commencement of the Light Crop Cocoa Season on Friday, June 21, 2024. COCOBOD in a statement dated June 17, said a tonne of 16 bags will be sold at GH₵33,120.00. It added that the producer price to be paid at all buying …

Former National Chairman of the National Democratic Congress (NDC), Elder Samuel Ofosu Ampofo, has incurred the wrath of the Chief Executive Officer (CEO) of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo. Mr. Ofosu Ampofo believes that Mr Aidoo has failed in delivering on his mandate and President Akufo-Addo should …

The Ghana Cocoa Board (COCOBOD) has announced the termination of its long-running scholarship scheme, citing the implementation of the Free Senior High School (SHS) initiative by the government. In its place, the board has established the Cocoa Board Education Trust, aimed at providing essential primary school infrastructure in underserved cocoa-growing …

In order to restore the credibility of the government as well as alter the negative perception of state-owned enterprises, immediate intervention is required. An early intervention by the government will help to address the losses that have plagued some SOEs for years, says United Voices for Change (UVC), a civil …

The Public Relations Officer of the Ghana Cocoa Board (COCOBOD), Fiifi Boafo, has dismissed the existence of a group purportedly led by Stephenson Anane Boateng. This response follows Mr Anane Boateng’s rejection of COCOBOD’s announcement of a 58.26 percent increase in cocoa prices, which has been set at GH¢33,120 cedis …

Some cocoa farmers in Ghana have expressed disappointment in the government over the recent cocoa farmgate or producer price increment for the prevailing 2023/24 season. This follows the announcement of a 58.26% increase from GH¢20,928 per tonne to GH¢33,120.00 per tonne for the rest of the 2023/24 cocoa season. This …