Tag: COCOBOD
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COCOBOD to offer cash prizes to eradicate cocoa smuggling
The Ghana Cocoa Board (COCOBOD) has announced plans to offer cash prizes to persons who volunteer information for the arrest of individuals involved in the smuggling of cocoa. This forms part of its key strategies to deal with the prevalence of the menace after 150,000 metric tonnes of cocoa were smuggled out of the country…
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Cocoa farmers disappointed over discontinued road projects
A group calling itself the Concerned Farmers Association is complaining about plans by the Ghana Cocoa Board (COCOBOD) to discontinue its Cocoa Road construction program. COCOBOD announced that after the completion of ongoing projects, the institution will not embark on any further ventures in road construction because it does not form part of its core…
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COCOBOD extends deadline for debt exchange to August 18
The Ghana Cocoa Board (COCOBOD) has once again revised the deadline for its debt exchange programme to Friday August 18 from the initial announcement of August 3, 2023. The new announcement date has also been revised to Monday, August 21, 2023 while the settlement date now shifted to August 25. On July 14, the Ghana…
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COCOBOD revises deadline for debt exchange programme to August 3
The Ghana Cocoa Board (COCOBOD) has revised the deadline for its debt exchange programme to Thursday August 3 from the initial announcement of August 4, 2023. This, the Board explains is in compliance with the directive regarding the observation of August 4 as a statutory public holiday. On July 14, the Ghana Cocoa Board (COCOBOD)…
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Holders of COCOBOD cocoa bills invited for voluntary debt exchange
The Ghana Cocoa Board (COCOBOD) has extended an invitation to holders of its short-term debt securities (cocoa bills) to exchange that for longer-term debt securities. The exchange program being undertaken by COCOBOD is also with a longer-term principal maturity date. Participation in this invitation to exchange is however voluntary. Notwithstanding the invitation to exchange eligible…
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Ghana and Côte d’Ivoire partner to tackle cocoa smuggling
The Ghana Cocoa Board (COCOBOD) is set to partner Côte d’Ivoire to harmonize the pricing and trading policies of cocoa to help address the issue of cocoa smuggling. Reports suggest that some cocoa farmers in Ghana have been smuggling their cocoa beans to Côte d’Ivoire for sale due to the higher prices offered in that…
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Domestic cocoa production exceeds Ivory Coast
Latest data from the Cocoa Market Report by the International Cocoa Organization (ICCO) indicates that Ghana’s cocoa production has exceeded that of Ivory Coast over the half year 2022/23 crop season. As of 31 March 2023, cumulative arrivals of cocoa beans in Ivory Coast were lagging behind previous season levels, while the volume of graded…
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Cocoa sector not collapsing – COCOBOD rejects Mahama’s claims
The Ghana Cocoa Board (COCOBOD) has refuted former President John Dramani Mahama’s claim that Ghana’s cocoa sector has collapsed. Former president Mahama while addressing party supporters and branch executives in the Western North Region on a campaign tour on Tuesday, April 25 said the cocoa sector is on the verge of collapse under Akufo-Addo’s government. But COCOBOD…
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Ghana Best Cocoa Farmers Association lauds COCOBOD boss
The president of the Ghana Best Cocoa Farmers Association, Charles Gyamfi has heaped praises on the Chief Executive of Ghana Cocoa Board (COCOBOD), Hon Joseph Boahen Aidoo for spearheading the implementation of sustainable agronomic programmes and practices that have contributed to a viable cocoa sector in Ghana. The outpour of acknowledgment to the Chief Executive…
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Consider cocoa pricing in your legislation – COCOBOD CEO to EU
Chief Executive of Ghana Cocoa Board (COCOBOD), Joseph Boahen-Aidoo has reiterated his call on the European Union (EU) to reconsider the element of cocoa pricing in its legislation. According to him, the legislation in its current form cannot sustain the industry and improve incomes of cocoa farmers. Hon Boahen Aidoo made these comments when he…