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Ring cocoa prices may impact sweet tooth – SBM Intelligence report
Executive summaryThe global cocoa industry faces unprecedented challenges as cocoa supplies tighten and prices surge, impacting chocolate manufacturers and consumers worldwide.Oxfam reports that the...
Global Cocoa Marketing Companies refuse to pay realistic Cocoa prices – CGCI
The Executive Secretary for Cote d’Ivoire Ghana Cocoa Initiative (CGCI), Alex Asanvo, says Global Cocoa Marketing Companies have refused to pay realistic prices for...
NDC would’ve increased cocoa prices to ¢2.8k, not GH¢1.3k – Ato Forson
The National Democratic Congress (NDC) has downplayed President Akufo-Addo’s recent announcement of GH¢1,308 producer price per bag of cocoa.According to the NDC,...
Increase in cocoa prices a rip-off of hardworking farmers – Mahama
Former President John Mahama has expressed disappointment over President Akufo-Addo’s recent announcement of a GH¢1,308 producer price per bag of cocoa.Mr Mahama who is...
Cocoa prices bullish in first four months of 2023 – BoG
Cocoa prices were generally bullish in the first four months of 2023, data from the Bank of Ghana has revealed.This, according to the Central...
Farmers demand increase in cocoa prices – Report
Cocoa farmers have called on government to increase producer prices of cocoa by October 2019.They argued that the producer price of cocoa was inadequate...
Cocoa prices may not be increased next year – COCOBOD CEO
The Chief Executive Officer of COCOBOD Joseph Boahen Aidoo has predicted that the country’s cocoa sector will be facing serious challenges next year.
The impending...
Audio: Cocoa prices not changed – Hackman Owusu Agyemang
The Board Chairman of the Ghana Cocoa Board (COCOBOD) Hackman Owusu-Agyeman has debunked rumors about cocoa pricing for the next season.The National Democratic Congress...
Ghana faces increased cocoa smuggling risk as Ivory Coast raises farmgate prices
Ghana is at a heightened risk of cocoa smuggling following the Ivory Coast’s recent decision to raise its farmgate price for cocoa, surpassing Ghana's...
Ghana’s cocoa farmers lament low earnings amid high prices
Though global cocoa prices have soared to a record high in April, farmers in Ghana are struggling to make ends meet.The government's local...
COCOBOD confirms plans to increase cocoa farmgate prices
The Ghana COCOBOD has told Joy Business government is considering an increase in the farmgate prices of cocoa beans for farmers.The decision, which is currently being...
Cocoa output for 2023/24 season drops by 40%, driving record-high prices
According to two sources from Ghana’s cocoa sector regulator, COCOBOD, the anticipated cocoa output for the 2023/24 season is likely to fall significantly short...
Commodity prices to broadly stabilise in 2024, but cocoa, coffee prices to increase –...
After three years of extreme volatility, commodities prices are set to broadly stabilise in 2024.According to the Economist Intelligence Unit Commodities Outlook 2024, this...
Cocoa farmers threaten to smuggle product if govt fails to increase prices
Cocoa farmers at Gyampokrom in the Sehwi Juaboso District in the Western North Region have threatened to smuggle their cocoa produce to Ivory Coast...
COCOBOD to announce new cocoa prices
The Ghana Cocoa Board will later today announce a new producer price for cocoa.The new figure will be the benchmark at which cocoa beans...
COCOBOD not considering reduction in cocoa prices
The Ghana Cocoa Board (COCOBOD) has refuted claims of a possible decrease in producer price of cocoa to farmers.
COCOBOD says although the review committee...
COCOBOD’s GHC10bn debt worsens over weak cocoa prices
Ghana has lost GH¢1 billion to falling cocoa prices in the last four months of the year, worsening the plight of the Ghana Cocoa...
Ghana Cocoa Board debt reaches $2.2bn as prices slump
Ghana’s cocoa regulator said it is 10 billion cedis ($2.2 billion) in debt after the nation missed its production target in the previous season...
Ghana Cocoa Board Debt Reaches $2.2 Billion as Prices Slump
Ghana’s cocoa regulator said it is 10 billion cedis ($2.2 billion) in debt after the nation missed its production target in the previous season...
Cocoa farmers petition COCOBOD over persistent industry challenges
A group of Ghanaian cocoa farmers has formally complained to COCOBOD, urging the organization to address long-standing issues in the sector, including deforestation, child...
Ghana’s cocoa exports set to crash below $2 billion this year – lowest in...
Ghana, the world’s second-largest cocoa producer, is at risk of seeing its cocoa export earnings crash below the $2 billion mark in 2024—the lowest...
NDC committed to reviving neglected cocoa roads – Prof Opoku-Agyemang
The National Democratic Congress (NDC) Vice Presidential candidate, Prof Jane Naana Opoku-Agyemang, has assured supporters that the next administration will prioritize completing all abandoned...
Dambai: NIB intercepts cocoa beans being smuggled to Togo [Photos]
The National Intelligence Bureau(NIB) in the Oti Regional capital of Dambai, has intercepted three trucks smuggling dried cocoa beans to Togo.The beans were concealed...
Export value of cocoa beans dropped by 26% in the second quarter of 2024
Recent data from the Ghana Statistical Service indicates a significant drop in the export value of cocoa beans for the second quarter (Q1) of...
Ghana lost 160K tons of cocoa to smuggling in 2023/24 season, Cocobod official says
Ghana has lost more than a third of its 2023/24 cocoa output to smuggling, a top official from the cocoa marketing board (Cocobod) told...
Ghana’s cocoa crisis deepens, 2024 half-year revenues crash by nearly $700 million
Ghana's cocoa export revenue has taken a devastating hit, plummeting by nearly $700 million in the first half of 2024.The ongoing impact of illegal...
Gov’t increases producer price of cocoa for 2024/25 crop season
The government has increased the producer price of cocoa by 129.36% for the 2024/25 crop season.By this increment, a 64-kilogramme bag of cocoa has...
Government will soon announce new cocoa price – NAPO to cocoa farmers
The running mate of the New Patriotic Party (NPP) flagbearer, Dr Matthew Opoku Prempeh, has assured cocoa farmers that the government will soon announce...
Don’t fall for NDC’s cocoa price deception – Napo urges farmers
The running mate of the New Patriotic Party (NPP), Dr. Matthew Opoku Prempeh, is urging cocoa farmers not to be deceived by the National...
COCOBOD to open new cocoa season with self-financing plan on Sept 10
The Ghana Cocoa Board (COCOBOD) says the new cocoa crop season will be opened with its proposed self-financing plan without the usual syndicated loan...
Ghana set to raise cocoa farmgate price by nearly 45%
Ghana is set to increase the state-guaranteed price paid to cocoa farmers by nearly 45% for the 2024/25 crop season, according to two sources...
The whole of the cocoa fruit can now be used to make chocolate and...
Imagine picking up a nice juicy apple - but instead of biting into it you keep the seeds and throw the rest away.
That's what...
Remittances generate more revenue than gold and cocoa – Dr. Atuahene
Banking and Finance analyst, Dr. Richmond Atuahene says Ghana's inflow from remittances is higher compared to cocoa, oil and even gold.This according to him...
Ghana’s cocoa production to tumble below 500,000 metric tonnes this season – World Bank
Cocoa production will not exceed 500,000 metric tonnes in the 2023/2024 crop season due to the swollen-shoot disease, the World Bank has disclosed in...
Ghana cocoa output is half of average with harvest almost complete
Ghana cocoa production reached 429,323 metric tons - or less than 55% of the average seasonal output - as harvesting neared completion at the...
Forward sales strategy of cocoa beans aimed at reducing price risks – COCOBOD
The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD) Joseph Boahen Aidoo has explained that, the forward sales strategy of cocoa beans is...
COCOBOD secures $100m World Bank support for cocoa rehabilitation
The Ghana Cocoa Board (COCOBOD) has secured a US$100 million financing facility from the World Bank to rehabilitate old farms across six cocoa-growing districts...
Police intercepts 800 bags of cocoa being smuggled to Ivory Coast
The Police in Sefwi Adjofua in the Bia West District of the Western North Region have intercepted an articulator truck with the registration number...
Cocobod failed to motivate and incentivise farmers – Nyaaba on low cocoa production
The President of the Peasant Farmers Association of Ghana, Dr Charles Nyaaba, has disputed the reasons outlined by the Ghana Cocobod for the low...