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I don’t set cocoa prices, but farmers will get a fair price – Ato Forson

Finance Minister-designate Dr. Cassiel Ato Forson has assured cocoa farmers that while he does not have the authority to set cocoa prices, he will...

Business

Global restricted supply projected to surge cocoa prices in 2025

Cocoa prices are expected to surge in 2025, with projections indicating a potential rise to as high as US$9,600 per metric tonne (pmt) due...

Business

Weak cocoa harvests impacting COCOBOD’s ability to fulfill financial obligations – IMF

The International Monetary Fund (IMF) has projected a challenging financial outlook for the Ghana Cocoa Board (COCOBOD) in 2024, despite some positive results in...

Business

Cashew farmers ‘fight’ for increased producer price after 3.33% surge in cocoa price

Cashew farmers in Wenchi, a town in the Bono Region, are urging President Nana Akufo-Addo to instruct the Tree Crop Development Authority (TCDA) to...

Business

Cocoa producer price increases from GHS3k to GHS3.1k for 2024/2025 season

In a move to support cocoa farmers, President Nana Addo Dankwa Akufo-Addo announced a marginal increase in the producer price of cocoa, raising it...

Business

Producer price of 64kg bag of cocoa increases by GHC100

The producer price of a 64kg bag of cocoa has been raised by GH₵100, increasing from GH₵3,000 to GH₵3,100 for the 2024/2025 crop season,...

News

Price hike anticipation spurs cocoa bean hoarding in Ghana

Sources in the Cocoa industry have reported to Reuters that Cocoa farmers in Ghana are stashing beans in hopes of securing better prices in...

Business

74,813 rehabilitated farms boost cocoa yields to 1,408 kg/ha in 2024 – COCOBOD CEO

The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Mr. Joseph Boahen Aidoo, has announced an improvement in cocoa yields, attributing the success...

Business

120,000 metric tons of cocoa smuggled out of Ghana in the last 2 years – COCOBOD

Ghana's cocoa industry is facing a severe challenge, with over 120,000 metric tons of cocoa beans smuggled out of the country between 2022 and...

News

Cocoa smuggling taskforce nabs 100 bags in Old Akrade operation

Anti-Cocoa Smuggling Taskforce of the Ghana Cocoa Board (COCOBOD), in collaboration with national security, has apprehended a driver and a mate at old Akrade...

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