Browsing Category
Trade
Trade is a category that focuses on trade and investment in broad terms and also touching on contracts, futures, prices, exports, etc as well as financing activities like loans, investments, capital injection, mergers, etc
Ghana Projects A 5.8% Increase In Cocoa Output In 2020/2021
Ghana expects cocoa output of around 900,000 tonnes in the 2020/2021 season, up 5.8% from the forecast for 2019/2020, this is according to the country’s Cocoa Board (COCOBOD) through a parliamentary report published on Wednesday.
The…
Read More...
Read More...
Royal Duyvis Wiener Agrees Refinancing Deal For Cocoa And Chocolate Sub
Dutch cocoa and chocolate processing company Royal Duyvis Wiener has confirmed it has reached an agreement on refinancing the business to ensure its future stability in the wake of challenging market conditions, according to Confectionery…
Read More...
Read More...
Hershey Reports Drop In Global Sales Amid Coronavirus Pandemic
US confectionery group Hershey has released its second-quarter results, revealing a 3.4% drop in sales, to $1,707.3 million, attributed to the effects of trading difficulties during the ongoing coronavirus crisis.
Hershey reports that its…
Read More...
Read More...
Ghana Court Okays Screening of Investigative Report Exposing Cheating By Cocoa Traders
Ghana's Court of Appeal has unanimously approved the broadcast of an investigative report by local media organisation, Multimedia Group, detailing systematic cheating by some licenced buying companies (LBCs).
Cocoa traders or the LBCs…
Read More...
Read More...
German Confectioners Want LID Tariff Paid Directly To Ghana & Ivory Coast Cocoa Farmers
BDSI calls for measures ensuring living income payments directly reach cocoa farmers
Read More...
Read More...
Barry Callebaut Group Points To Trading Recovery After Coronavirus Hit Operations
The Barry Callebaut Group has reported a notable impact on its operations from the coronavirus pandemic in its latest trading report, yet its Chief Executive Officer, Antoine De Saint-Affrique noted an encouraging pattern of recovery.
As…
Read More...
Read More...
Ritter Sport UK – The Story Of A Chocolate Maker Driving Growth In A Pandemic
One of the United Kingdom's leading chocolate brands is driving an 'insane' nationwide distribution expansion campaign, at least recognising that these are not normal times.
Ritter Sport UK & Ireland and its Managing Director, Ben…
Read More...
Read More...
COCOBOD Pays Up $1.3 Billion 2019 Syndicated Loan 3 Months Ahead Of Schedule
Ghana Cocoa Board (COCOBOD) has this month, June 2020, completely paid up the $1.3-billion syndicated loan facility contracted for the 2019/2020 cocoa crop purchases.
The September 2019 facility signed in Paris, France, was put together by…
Read More...
Read More...
This Is How The $600-Million COCOBOD Loan Is To Be Spent
Ghana Cocoa Board (COCOBOD) on Tuesday unveiled the $600-million cocoa syndicated loan facility to revamp the West African country's cocoa sector.
The COCOBOD loan was pooled by a consortium of development finance institutions namely the…
Read More...
Read More...
Ghana To Launch $600 Million Syndicated Loan For Boosting Cocoa Production, Local Processing And…
Ghana Cocoa Board, COCOBOD, is set to launch a US$600 million Syndicated Loan Facility tomorrow, 23rd June 2020, to enhance crop production and also invest in local processing and consumption efforts.
The African Development Bank…
Read More...
Read More...