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58% hike in cocoa farmgate price a rip-off – Asunafo South MP criticizes govt

Member of Parliament representing the Asunafo South constituency, Eric Opoku, has strongly criticized the government's decision to implement a 58 percent increase in the...

News

Cocoa prices spike due to shortage in Ivory Coast – Report

Cocoa prices surged in New York amid ongoing concerns regarding shortages that have disrupted the market and propelled prices to unprecedented levels. Futures experienced a...

News

Cocoa farmers reject COCOBOD’s 58% increase in cocoa farmgate price

Some cocoa farmers in Ghana are disappointed with the government over the recent increase in the cocoa farmgate or producer price for the 2023/24...

Business

Ghana boosts Cocoa farmgate price by 58.26% for 2023/2024 Season

Ghana has announced a significant increase in the farmgate price paid to cocoa farmers, raising it by 58.26% to GH¢33,120 per tonne for the...

Business

Poor weather conditions adversely impacting cocoa production – COCOBOD

The Public Affairs Manager of the Ghana Cocoa Board (COCOBOD), Fiifi Boafo, has attributed the decrease in cocoa production to adverse weather conditions. Boafo highlights...

Independent Africa

Cocoa bean trading above $10,000 amidst climate challenges in Europe

The cocoa market experiences a surge in prices, reaching unprecedented heights due to the combined impact of climate change and adverse weather conditions. With...

News

Shrewd COCOBOD operators backing out of forward deals to leverage hike in cocoa prices – Bright Simons

Vice President of IMANI Africa, Bright Simons, has alleged that Ghana to sell a portion of its future cocoa production in exchange for securing...

News

Ghana using cocoa as collateral for loans – Bright Simons alleges

Vice President of IMANI Africa, Bright Simons, has alleged that Ghana to sell a portion of its future cocoa production in exchange for securing...

News

Chocolate prices set to rise as cocoa surpasses the $10,000 milestone

Cocoa futures have surged beyond an unprecedented threshold of US$10,000 per ton, marking an extension of a historic rally that has already seen prices...

News

Ghana’s cocoa crisis: Trade surplus takes a hit in 2024, cedi at risk

Ghana's trade surplus has been significantly impacted by a decrease in cocoa exports, leading to concerns about the stability of the country's currency, the...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

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