Tag: FIIFI BOAFO
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![Russia-Ukraine war will stall sale of cocoa products to both countries – COCOBOD [Video]](https://citibusinessnews.com/wp-content/uploads/2021/01/cocoa-seeds.jpg)
Russia-Ukraine war will stall sale of cocoa products to both countries – COCOBOD [Video]
As the Russia – Ukraine war rages on, the impact on regional economies, especially those who export products to the two countries, is being felt. In Africa, countries dependent on commodities like wheat, oil, and fertilizer components, among others, are also feeling the pinch. In Ghana, the impact of a barrel of Brent Crude rising…
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COCOBOD to introduce electronic scales to prevent LBCs from tampering with weighing devices
The Ghana Cocoa Board (COCOBOD) says it will, in the coming months, introduce digital scales for weighing cocoa beans in Ghana. This move according to COCOBOD will curb the practice where Licensed Buying Companies (LBCs) and Purchasing Clerks (PCs) adjust their scales to cheat cocoa farmers. “The decision to introduce the electronic scale was to…
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We’ll settle debts to LBCs in the coming weeks – COCOBOD
The Public Affairs Manager of the Ghana Cocoa Board (COCOBOD), Fiifi Boafo has assured that his outfit will in a few weeks secure about $200 million dollars to settle the arrears owed some License Buying Companies (LBCs) and farmers across the country. This follows yesterday’s summoning of the CEO of COCOBOD, Joseph Boahen Aidoo by…