Ghana Cocoa Board Archives

18 Sep

COVAAAGH Lauds Gov’t Initiative For Optimal Cocoa-Based Products

Wontumi1Businesscocoa, COVAAAGH, Ghana Cocoa Board

The Cocoa Value Addition Artisans Association of Ghana (COVAAAGH) has commended government for its commitment to facilitate the direct supply of premium cocoa beans to indigenous cocoa processing and manufacturing enterprises to produce high-quality products. “This remarkable step will not only bolster the domestic cocoa value chain but also promote economic growth, job creation, and also increase Ghana’s share of the global cocoa and chocolate industry valued at $130 billion,” a release issued by COVAAAGH on Monday, September 18 said. Signed by President George Adjei-Bekoe, the press release described as “visionary” and “transformative” the new policy by government. Under the…

COCOBOD Boss Schools Mahama In Open Letter

Wontumi1BusinessCOCOBOD, Ghana Cocoa Board, John Dramani Mahama

The Chief Executive Officer (CEO) of the Ghana Cocoa Board (Cocobod) has penned an open letter to former President John Dramani Mahama on the latter’s recent post on social media about the new cocoa price. Joseph Boahen Aidoo insists that in advocating the welfare of cocoa farmers, Mr Mahama, who has been in government before, he wrote, should consider “the broader context before passing judgement”. “Since you have had the privilege of being in government before as the number one gentleman of the country, it is expected that you would be familiar with the process for determining the producer price…

COCOBOD’s 10,000 Staff Population Raises Concerns For Increasing Operational Costs

Wontumi2NewsGhana Cocoa Board

An Economist and fiscal policy expert, Dr Alex Ampaabeng has decried the increasing number of staff at the Ghana Cocoa Board. According to him, this has led to an astronomical increase in the company’s operational expenditures. According to him, this has been a contributing factor to the country’s inability to make profits over the years. Shedding light on the causes of COCOBOD’s financial struggles, Dr. Ampaabeng said there was an influx of 2,300 new employees in a single year, spanning from 2019 to 2020, driving the total staff count to exceed 10,000 individuals. “In just one year which is from…