Tag: COCOBOD
News
COCOBOD not producing enough cocoa to meet contractual obligations – Ato Forson
The Minority Leader in Parliament, Dr. Cassiel Ato Forson, has voiced serious concerns over COCOBOD's inability to meet its international cocoa supply commitments, a...
News
COCOBOD denied offshore loan request due to declined confidence in management – Minority
The Minority in Parliament have expressed worry over COCOBOD's inability to secure funds offshore to purchase cocoa for the 2024/2025 crop season.According to...
News
COCOBOD can’t borrow from foreign banks due to its financial instability – Minority
Minority Leader Cassiel Ato Forson has labeled the Ghana Cocoa Board’s (COCOBOD) decision to refrain from borrowing from foreign banks as a strategic maneuver...
News
Shame on you for completely destroying COCOBOD – Edudzi to CEO
A leading member of the National Democratic Congress (NDC), Edudzi Tameklo, has described the Chief Executive of Ghana Cocoa Board (COCOBOD), Mr....
News
COCOBOD’s crop loan request rejected by international banks – Minority
The Minority in Parliament has expressed serious concerns regarding COCOBOD’s financial stability, following reports that international banks have declined to approve a loan requested...
Business
We will not seek financial aid from international banks for 2024/25 cocoa crop season – COCOBOD
The Ghana COCOBOD has revealed that, for the first time in 30 years, it will not pursue an offshore syndicated loan to fund the...
Business
6 cocoa road projects cancelled over lack of funds
Ghana Cocoa Board (COCOBOD) has announced the discontinuation of six cocoa road projects due to financial challenges.These initiatives were among 14 road projects started...
Business
EXPLAINER: Why COCOBOD has ditched plans to borrow from international banks after 32 years
Ghana’s cocoa regulator, COCOBOD, is breaking away from a 32-year tradition of seeking funds from international banks for the annual cocoa crop season to...
Business
No more borrowing, COCOBOD set to finance itself in coming days – CEO
Ghana Cocoa Board (COCOBOD) has announced that it will transition to self-financing for the 2024/2025 cocoa crop season, starting in September 2024.For the past...
Headline
Zenith Bank has frozen over GHS1.6m of our funds due to DDEP – COCOBOD
The Ghana Cocoa Board (COCOBOD) has revealed that more than GH¢1.6 million of its investments are currently tied up with Zenith Bank due to...
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