ALL POSTS FILED UNDER: COCOBOD
BoG, ECG, and COCOBOD in massive financial distress – Finance Minister
Add a CommentFinance Minister Dr Cassiel Ato Forson says the Bank of Ghana (BoG) currently holds a negative equity of GHS55 billion. This significant financial challenge was inherited from the previous administration, and it underscores the need for immediate government intervention to … Read more →
Get rid of COCOBOD, it’s serving a bad purpose – Dr. Yamson
Add a CommentChairman of the National Economic Dialogue, Dr. Ishmael Yamson has said the Ghana Cocoa Board (COCOBOD) is currently not serving a good purpose, hence should be abandoned. Speaking in an interview on TV3’s Hot Issues, Sunday, March 9, Dr. Yamson … Read more →
COCOBOD secures $100m World Bank support for cocoa rehabilitation
Add a CommentThe Ghana Cocoa Board (COCOBOD) has secured a US$100 million financing facility from the World Bank to rehabilitate old farms across six cocoa-growing districts in the country. The beneficiary cocoa-growing districts of the project include Assin Fosu, New Edubiase, Nkawkaw, … Read more →
COCOBOD loses GH¢4.8 billion to galamsey in Western Region
Add a CommentAccording to the Ghana Cocoa Board (COCOBOD), illicit mining (galamsey) activities at Boinso in the Western Region have cost the company GH4.8 billion in investments in 35 hectares of cocoa crops. Among other initiatives it was pursuing to increase the … Read more →
Opuni backed Agongo to defraud COCOBOD – Judge
Add a CommentA Supreme Court judge, Justice Clemence J. Honyenuga, sitting as an additional high court judge, has been explaining his decision to order former Ghana Cocoa Board (COCOBOD) Chief Executive Dr. Stephen Kwabena Opuni, businessman Seidu Agongo and his Agricult Ghana … Read more →
COCOBOD to recruit 50k people for cocoa rehabilitation
Add a CommentThe Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, has said his outfit is recruiting 50,000 people to be engaged in a nationwide cocoa rehabilitation exercise. According to him, about 30,000 people had already been engaged … Read more →
COCOBOD signs MOU in Israel
Add a CommentThe Ghana Cocoa Board (COCOBOD) and the Volcani Centre of Israel have signed a memorandum of understanding for a scientific research collaboration into finding an immediate and lasting solution to the Cocoa Swollen Shoot Virus Disease (CSSVD) which at presently … Read more →
Your gov’t nearly crippled COCOBOD after blowing budget – Fiifi Boafo to Mahama
Add a CommentThe Ghana Cocoa Board has asked former President John Dramani Mahama to watch his comments about COCOBOD so as not to make the Industry regulator a “political management”. “This the umpteenth time the former leader is making such politically tainted … Read more →
LBCs given funds for cocoa purchases – COCOBOD
Add a CommentCOCOBOD has denied claims that it has refused to allocate funds to Licensed Buying Companies (LBCs) for cocoa purchases. The reaction comes after the Minority in Parliament in a statement referenced a research by the Centre for Socioeconomic studies which … Read more →
COCOBOD solicits $1.5bn Chinese support
Add a CommentThe Ghana Cocoa Board (COCOBOD), in a bid to meet its target of producing 1 million tonnes of cocoa by 2020 and expand its processing capacity, has turned to the China EXIM Bank for financing of up to $1.5 billion. Chief … Read more →
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