Tag: Ghana COCOBOD
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COCOBOD achieves new record, targets 1.06 million tons to end 2020/2021 season
The Chief Executive Officer of the Ghana Cocoa Board, Joseph Boahen Aidoo, says he is optimistic the country will produce more than one million metric tonnes of cocoa for the 2020/2021 crop season. As of August 19, 2021, COCOBOD, has already exceeded the years’ target of 900,000 metric tonnes. With about five more weeks for…
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Ghana’s fight for cocoa farmers backfires as EU hints of ban
Chief Executive officer of COCOBOD, Joseph Boahen Aidoo has called out the European Union, accusing it of double standards in its assessment of Ghana’s cocoa sector in recent times. The European Union has threatened to ban cocoa from Ghana if the negative impact of illegal mining on the country’s environment persists. Belgium which is a…
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COCOBOD to secure electronic weighing scales to stop LBCs from cheating farmers
The Ghana COCOBOD says it is importing electronic weighing scales for Cocoa License Buying companies to prevent the tampering of machines by Licensed Buying Companies to cheat cocoa farmers. The decision was arrived at after COCOBOD in collaboration with the Ghana Standards Authority followed up on a Joy News report on how some Licensed Buying…
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COCOBOD to reward security officers who help to curb cocoa smuggling
The Ghana Cocoa Board says it will reward security officers who prevent attempts by people to smuggle cocoa with two-thirds of the value of the product. According to the agency, this will encourage security officers to protect the product which is of huge value to Ghana’s economy. Ghana’s cocoa, being one of the best on…
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COCOBOD CEO decries destruction of cocoa farms by illegal miners
The Chief Executive Officer of COCOBOD, Joseph Boahen Aidoo, is appealing to the country’s security forces to pursue illegal miners whose activities are destroying acres of cocoa farms. While on a tour to inspect an ongoing Mass Pruning exercise in some parts of the Eastern Region, the officials came across cocoa farms that had been…
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No price drop expected yet for cocoa farmers due to COVID-19 – COCOBOD
The Ghana COCOBOD has downplayed suggestions that the producer price of cocoa may fall due to the outbreak of COVID-19 pandemic. COCOBOD in 2019 increased the producer price of the beans from GH¢7,640 to GH¢8,240 per tonne. With the global fight against COVID-19, most international trading commodities have seen plummeting prices with cocoa also being…
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Ghana, Cote d’Ivoire secure US$2,600 minimum price for tonne of cocoa
Stakeholders in the cocoa value chain have agreed to a proposal by Ghana and Cote d’Ivoire to set a minimum price of US$2,600 per tonne for the cash crop after a historic meeting in Accra, the two countries have announced. The two-day meeting held in Accra, which was called at the instance of the two…
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Ghana likely to miss 2017/18 cocoa target over unfavourable weather
Ghana may miss its cocoa production target for the 2017/2018 crop season if the weather pattern forecast by the Ghana Meteorological Service is anything to go by. The service has predicted severe weather pattern that may cause downpour leading to flooding in the coastal zones but minimal levels in the middle belt. Already, the number…