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Government to revamp cocoa sector to reduce annual losses – Finance Minister

cocoa

Government is to institute well-defined governance standards to address shortfalls and ensure the growth of State-Owned Enterprises in the country. This is to improve structural weaknesses and build resilience of such institutions in a bid to transform the economic growth of the country. Addressing a news conference in Accra, Finance Minister, Ken Ofori-Atta, said about […]

Consume more cocoa – Oppong Nkrumah

Consume more cocoa - Oppong Nkrumah

SOURCE: GRAPHICONLINE The Minister of Information, Kojo Oppong Nkrumah, is advocating the processing and consumption of more cocoa locally to boost the sector and the economy in general. Delivering the keynote address at the launch of this year’s National Chocolate Week Celebration in Accra, Mr Nkrumah said while continuing with efforts to boost domestic production […]

Peg producer price of cocoa at Ghc1000 per bag – Minority to gov’t

cocoa price

By: Franklin ASARE-DONKOH The Minority Caucus in Ghana’s Parliament has called for the swift announcement of a new farm gate price of cocoa for the 2022/2023 season. Addressing Journalists in Parliament on Wednesday, October 5, 2022, the Ranking Member on the Finance Committee, and Member of Parliament for Ajumako/Enyan/Essiam Constituency in the Central region, Dr. […]

FEDCO pays 1.5 million cedis in premiums to cocoa farmers

FEDCO pays 1.5 million cedis in premiums to cocoa farmers

By: Desmond Cudjoe Federated Commodities Limited, FEDCO, a licensed cocoa buying company has paid an amount of 1.14 million out of 4.5 million as premium to certified cocoa farmers in Asankragwa in the Wassa Amenfi West District of the Western Region. It was given to them by for the 2021/2022 crop season. The money, paid […]

Time to shift away from cocoa export to local consumption – Prof. Owusu

SOURCE: GNA Former Vice Chancellor of the University of Ghana, Professor Ebenezer Oduro Owusu, has called for a shift away from the export of cocoa to a focus on local consumption of the beans. He said current and past governments had worked to ensure a good sale value for cocoa on the international market at […]