Featured
Corn mill operators at Kaneshie market face financial crisis over dumsor
Corn mill operators at the Kaneshie Market in Accra are experiencing significant financial difficulties as a result of the ongoing power outages in the country. Relying heavily on electricity for their operations, these operators are witnessing a decline in their income streams, which is further exacerbated by the spoilage of soaked corn and other products […]
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Sports
Agyemang Badu backs Dreams FC to upset Zamalek and reach CAF Confederations Cup final
SOURCE: Ahashie Judeliver Eli Former Ghanaian midfielder Agyemang Badu has thrown his weight behind Dreams FC, predicting a historic victory for the Ghanaian side over North African giants Zamalek this Sunday in the return leg of the CAF Confederations Cup semi-finals. Dreams FC held Zamalek to a goalless draw in the first leg played last […]
General News
Ghana, Cote d’Ivoire Open Cocoa Secretariat
President Nana Akufo-Addo and President Alassane Ouattara Ghana and neighbouring Côte d’Ivoire have finally established a common secretariat to maximise their potential in the production of cocoa. The two
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Agribusiness
Ashanti region: Foreign-owned mining firm hijacks over 100ha rehabilitated cocoa farm
A foreign-owned mining company is reported to have taken over 100 hectares of rehabilitated cocoa farms at Nkawie in the Ashanti region, allegedly without authorisation, denying the farmers access to their farmlands. According to TV3 News, the company, MIGOP Mining Limited, is conducting mining exploration and development activities in five cocoa communities in the Atwima […]
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Featured
Cocoa price increase: Ignore Anane Boateng’s non-existent group – COCOBOD
The Public Relations Officer of the Ghana Cocoa Board (COCOBOD), Fiifi Boafo, has dismissed the existence of a group purportedly led by Stephenson Anane Boateng. This response follows Mr Anane Boateng’s rejection of COCOBOD’s announcement of a 58.26 percent increase in cocoa prices, which has been set at GH¢33,120 cedis per ton for the 2023/2024 […]
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Business
Ghanaian cocoa farmers receive $47 more than farmers in Ivory Coast – COCOBOD
The Public Relations Officer of the Ghana Cocoa Board (COCOBOD), Fiifi Boafo, has lauded the achievements of the Akufo-Addo government in the cocoa sector amidst criticism from the minority in Parliament. During an interview on The Point of View on Citi TV, Fiifi Boafo defended the government against accusations of shortchanging cocoa farmers despite a […]
The post Ghanaian
Agribusiness
Ghanaian cocoa farmers enjoy more gov’t interventions than their Ivorian counterparts – Fiifi Boafo
The Public Relations Officer of the Ghana Cocoa Board (COCBOD), Fiifi Boafo, has stated that cocoa farmers in Ghana receive significant government interventions, unlike their counterparts in Cote d’Ivoire. He also defended the government against claims that cocoa producers were being shortchanged, even though the farmgate price for cocoa had increased by 58%. “The premium […]
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Business
Cocoa Price Now GH¢2,070
Joseph Boahen Aidoo A 64 Kilogram bag of cocoa has been increased from GH¢1,308 to GH¢2,070 for the 2023/2024 crop year starting from Friday, April 5, 2024. In a
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General News
New cocoa price is a rip-off –Minority
The Minority members in Parliament say the newly announced producer price of GH¢33.120 per ton, which translates into GH¢2,070 per bag, constitutes a paltry 25.47% of the world market price of cocoa. Once again, we wish to reiterate that this is a rip-off of our hard working cocoa farmers, as it constitutes the lowest percentage […]
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General News
Cocoa Farmers Rejoice Over Jumbo Price Increase
In a move that has been met with great enthusiasm following the government announced 58.26% increase in the producer price of cocoa, farmers have gone to town in jubilation.
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Featured
COCOBOD has incurred losses since Akufo-Addo assumed office – Eric Opoku
The Member of Parliament for Asunafo South, Eric Opoku, has asserted that the Ghana Cocoa Board (COCOBOD) has incurred losses since President Akufo-Addo assumed office. He attributed these losses to the poor performance of the Akufo-Addo-Bawumia government, which has been in power since 2017. During an interview with Bernard Avle on the Point of View […]
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Cocoa
Gov’t raises cocoa producer price amidst global market trends
By Kizito CUDJOE The government in collaboration with stakeholders, has announced a significant increase in the Producer Price of cocoa for the remainder of the 2023/24 crop year, in a move aimed at enhancing the income of cocoa farmers in the country. The decision comes amidst a backdrop of rising cocoa prices on the international […]
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Business
Government increases producer price of cocoa by 58%
The Ghana Cocoa Board (COCOBOD) has announced a revision in the Producer Price of cocoa for the remainder of the 2023/24 crop year, effective from Friday, April 5, 2024. This decision was made following consultations with stakeholders. COCOBOD in a statement released on April 5, 2024, explained that a 64 kg bag is now priced […]
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Featured
Minority demands increase in farm-gate price of cocoa
The Minority in Parliament has called for an immediate increase in the farm-gate price of cocoa in Ghana, citing the recent unprecedented surge in global cocoa prices. In a statement signed by Member of Parliament for Asunafo South, Mr. Eric Opoku dated Tuesday, April 2, 2024, the minority expressed concern over the sharp decline in […]
The post Minority demands increase
Business
Ghana’s export earnings stagnate at $2.8bn as contribution of cocoa drops by $200m
The latest assessment of Ghana’s external sector developments shows that the country earned $2.8 billion from its major exports in the first two months of 2024. On a year-on-year basis, however, the value of exports did not see any significant growth from the same $2.8 billion posted as of February the previous year. The figure […]
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Featured
Ambulance trial: Third accused Richard Jakpa sacks his lawyer
The third accused person in the ambulance purchase saga, Richard Jakpa has dismissed his counsel, Thomas Aubynn. On Tuesday, the businessman was expected to open his defense following the Attorney-General’s discontinuation of the case against the second accused, Dr Sylvester Anemana. But when the case was called, lead counsel for the third accused, Lawyer Thomas […]
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Music
Stonebwoy electrifies crowd at maiden Rolling Cocoa Festival in Washington DC
Afro-Dancehall superstar Stonebwoy stunned the crowd at Washington DC’s Rolling Cocoa Festival with a noteworthy performance on Saturday night, at The Anthem. At the weekend, the acclaimed afrobeat, dancehall and reggae singer and songwriter delivered an epic performance of songs, mix of medleys and classics, backed by a band, at his headlining set for the […]
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Columnist
As we celebrate Chocolate Day: A trip to Cocoa Research Institute will be worth it
By Philip Gebu The 2024 edition of National Chocolate Day was scheduled from 9 to 14 February. It is on the theme: “Eat Chocolate, stay healthy, grow Ghana” and sub-themed: “Explore Ghana, eat chocolate. Some activities scheduled for the celebration include a visitation to the Chief Imam, the Central and Cantonments Mosques, as well as […]
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Companies
CPC targets more domestic consumption of cocoa products
By Evelyn ARTHUR, Tema Managing Director of Cocoa Processing Company Ltd, PLC, Kojo Ofori-Safo, has indicated that the company has produced more than enough chocolate and cocoa based products for the Ghanaian market and beyond. According to him, the company aims to produce about 3,000 metric tonnes of chocolate this year translating into over 40 […]
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