Regulatory

International lenders have refused to underwrite the risk of $1.3 billion cocoa syndication loan for the 2020/21 crop season. These international lenders, according to Reuters, have cited the uncertainty amid the Coronavirus Pandemic as…
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Ghana Cocoa Board (COCOBOD) is said to be having a hard time honouring arrears owed to its purchasing agents following a coronavirus pandemic induced slowdown in export and sales activities, Bloomberg has reported. Lockdown restrictions at…
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Ivory Coast’s Coffee and Cocoa Council (CCC) is introducing reforms aimed at boosting domestic exporters, including by reducing fees they pay when acquiring beans, CCC and industry sources said. The new measures also limit stockpiling of…
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Exports of cocoa beans and products increased by 5.0 per cent to US$2.29 billion in 2019, the Bank of Ghana (BoG) has said in its 2019 Annual Report. The report said cocoa beans exported amounted to US$1.45 billion, an increase of 3.2 per…
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The Chief Executive of the Ghana Cocoa Board (COCOBOD), Mr Joseph Boahen Aidoo, has asked the contractor on the Benchma Junction (Barrier) to Adwofua cocoa road to speed up work on the road, as it has already suffered some delay due to the…
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Dr. Emmanuel Agyemang Dwomoh, Deputy Chief Executive In-Charge of Agronomy and Quality Control has expressed confidence in the positive outcome of Ghana Cocoa Board’s (COCOBOD) motorized mass national pruning exercise across all cocoa…
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Ghana's former President Flt. Lt. Jerry John Rawlings has commended the Ghana Cocoa Board (COCOBOD) for the introduction of motorized slashers and pruners for effective control of weeds on cocoa farms as well as the removal of excess…
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The Ghana Cocoa Board (COCOBOD) has begun its cocoa farm rehabilitation programme to cut down and replant diseased and over-aged cocoa farms across the country. This farm rehabilitation programme forms part of strategic and long term…
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The Ghana Cocoa Board (COCOBOD) has directed all licensed buying companies (LBCs) to adopt the use of electronic weighing scales in the purchase of cocoa beans from cocoa farmers, effective October 2020. The rationale, according to the…
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Cocoa farming in the country will soon become less laborious as Ghana Cocoa Board (COCOBOD) takes delivery of some 100,000 pieces of motorized slashers for distribution to cocoa farmers across the country through farmer cooperatives. The…
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