Ghana has customarily pre-sold its crop on forward markets in order to give a syndication of international banks comfort that allows them to lend the country up to US$2 billion …
COCOBOD
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Agric and EnvironmentNews
Cocoa farmgate price increased again to $3,062/mt
by Adnan Adamsby Adnan AdamsThis is second time of increasing cocoa price in the same season with the the initial increase pegging the price at GHC48,000 as announced on September 1, 2024.
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According to CPC’s unaudited third-quarter financial statement, revenue fell to $31.1 million, down 3.86% from $32.3 million in the prior-year period.
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Agric and EnvironmentEconomy and FinanceNews
Cocoa farmers to expect price increase by almost 45%
by Adnan Adamsby Adnan Adamsfor the 2024/25 season due to begin later in September, an increase just shy of 45%.
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Features
COCOBOD disclaims minority’s statement that the board has lost financial credibility
by Adnan Adamsby Adnan AdamsCOCOBOD also criticised the Minority for spreading “falsehoods and inaccuracies” about the cocoa sector and rejected the claim that its move to source funding domestically was a “face-saving” measure.
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Agric and EnvironmentEconomy and FinanceMining & EnergyNews
Ghana cocoa output is half of average with harvest almost complete .
by Adnan Adamsby Adnan AdamsThe bulk of Ghana’s cocoa harvest is usually completed by the end of June, and the Cocobod data roughly reflects this season’s main crop output for the world’s second largest …
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Agric and EnvironmentEconomy and FinanceLifestyleNewsPolitics
Cocoa price increased by 63.5%… Now selling GHC1,308/bag
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Government has announced a new farm gate cocoa bean price as it predated the 2023/2024 crop season. The new price is pegged …
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Agric and EnvironmentEconomy and FinanceLifestyleMining & EnergyNewsPoliticsTechnology
Liabilities of most SOEs more than doubled in 4yrs – Mould
by Adnan Adamsby Adnan AdamsThe finance and energy expert, Alex Mould has, thus, summarised the liabilities of the major SOEs in the country to help in critical scrutiny of the performance of the SOEs. …