Cocoa regulator, Ghana Cocoa Board (COCOBOD) has agreed to continuously supply cocoa beans to Cocoa Processing Company to meet its operational demand, despite its loss position. It has also decided not to demand for repayments of amounts due it in a manner that will not jeopardize the operations of CPC. As a going concern consideration […]

The West Africa Mills Company One(WAMCO 1) says it has chalked some significant strides in four years after its resuscitation by the Akuffo-Addo led government. The company said since its re-activation begun in 2017, it had shipped about 20,000MT of cocoa products out of the country with a value of $50 Million. Mr Frank Bednar, […]

Dr. Owusu Afriyie Akoto Dr Owusu Afriyie Akoto, Minister of Food and Agriculture, has inaugurated a nine-member Governing Board for the Cocoa Processing Company (CPC), with the task to help transform the company into a viable and profitable enterprise. They should also work to support government’s Ghana Beyond Aid agenda. The Minister said there were […]

Ivory Coast and Ghana account for almost 60% of world supplies for cocoa beans • Ghana is exploring avenues to increase the value of raw cocoa beans • To achieve this, Government aims to have a partnership agreement with the Swizz government • The move is expected to improve cocoa production, cocoa processing and farmers […]

Dr Owusu Afriyie Akoto, Minister of Food and Agriculture, has inaugurated a nine-member Governing Board for the Cocoa Processing Company (CPC), with the task to help transform the company into a viable and profitable enterprise. They should also work to support government’s Ghana Beyond Aid agenda. The Minister said there were already signals that the […]

Ken Ofori-Atta, Minister of Finance A recent report has shown that in contravention of the Public Finance Management Act 2016, Act 921, some 45 State Enterprises have failed to submit financial statements to the Ministry of Finance since 2016. The composition of the defaulting companies are: one State Owned Enterprises (SOEs), 34 Owned State Enterprises […]

The Barry Callebaut Group has for the third year running been named by sustainability organisation Sustainalytics as among industry leaders in managing environmental, social and governance (ESG) risks with its supply chains, reports Neill Barston. As the Swiss-headquartered business noted, it has retained its rating within the top three companies for the strength of its […]

Cocoa beans at a warehouse in the village of Atroni, near Sunyani, Ghana April 11, 2019. REUTERS/Ange Aboa Ghana’s plans to introduce a central bank digital currency can help the country climb the cocoa-processing value chain, Ferenc Szelenyi – managing director for Middle East and Africa at Giesecke+Devrient – tells The Africa Report. On August […]

Kojo Oppong Nkrumah, Minister of Information Information Minister Kojo Oppong Nkrumah Wednesday led the staff of the Information Ministry and members of the Ministry’s Press Corps to donate blood to stock up the National Blood Bank. They targeted to donate 100 unit pints of blood to the blood bank at the Korle-Bu Teaching Hospital following […]