Tag: CPC
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COCOBOD restructures debt payment plan with CPC, WAMCo
The Ghana Cocoa Board (COCOBOD) is confident of an eventual repayment of all outstanding debts owed it by institutions that rely on its supplies. The industry regulator believes the new terms should also afford such debtors, time to turn around their operations to grow the cocoa industry. The Cocoa Processing Company (CPC) and the West…
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Demand for locally made chocolates rise
It appears manufacturers of locally produced chocolates will have to double their production levels at least for this year’s edition of the National Chocolate Day. It follows what could be described as the increased preference for locally manufactured chocolates by some Ghanaians on the occasion of National Chocolate Day. Checks by Citi Business News indicate…
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All shareholders must agree to delist CPC – COCOBOD
It appears that appeals to delist the Cocoa Processing Company (CPC) from the Ghana Stock Exchange, may not be heeded anytime soon as the majority shareholder, the Ghana COCOBOD, is yet to make any decision on the issue. Workers of the CPC, last month, ignited calls for the company to be removed from the list…
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COCOBOD to supply CPC with beans despite indebtedness
The Ghana COCOBOD has served notice it will supply about thirty thousand metric tonnes of cocoa beans to the Cocoa Processing Company (CPC) within the next few weeks to sustain the operations of the company. The CEO of COCOBOD, Joseph Boahen Aidoo who disclosed this also said the plan is to make the CPC viable…
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Chocolate sales surge over Valentine Day celebration
Chocolates are one of few special supplies that are popular on Valentine Day. Despite Ghana being a producer of chocolate, it faces competition from imported chocolates which have taken over the retail chocolate industry. Citi Business News has been finding out how well Ghanaian chocolates are faring on the shelves of shops especially on this…