9 h. ago Prof William Coffie appointed acting Managing Director of Cocoa Processing Company Limited

President John Dramani Mahama has appointed Prof William Coffie as the acting Managing Director of the Cocoa Processing Company Limited (CPC). This crucial appointment comes at a time when the CPC, a vital component of Ghana’s cocoa value chain, is facing significant financial and operational challenges. Prof Coffie is a distinguished financial economist, chartered accountant, […]

Politics

17 h. ago Inside Ghana’s cocoa: The pressure and the children caught in between

Just beyond the tree line that borders the forest reserve, Samuel Tobi stays on the farm alone while it rains, with his boots crunching over the wet, dead leaves on the ground.

Events

23 h. ago Digital Cedi Backed By Gold, Cocoa Proposed to Boost Stability

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/Ghana could anchor a future digital currency to its gold and cocoa reserves, creating a more stable foundation for monetary policy and reducing reliance on foreign financial systems, according to Professor Yegandi Imhotep Paul Alagidede, the Bank of Ghana Chair in Finance and Economics at the University of Ghana. Speaking at the launch of his […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/

Politics

34 h. ago Ghana Cocoa Farmers Reject Government’s Price Increase as Broken Promise

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-reject-governments-price-increase-as-broken-promise/Cocoa farmers across Ghana are protesting what they call a betrayal by President John Mahama’s administration after it failed to deliver a promised sixfold price increase. Last week’s announcement of a GHS128.75 per bag hike bringing prices to GHS3,228.75 fell drastically short of the GHS6,000 pledge central to Mahama’s 2024 election campaign. The gap leaves […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-cocoa-farmers-reject-governments-price-increase-as-broken-promise/

Politics

47 h. ago Cedi’s Rise Squeezes Cocoa Farmers Despite Global Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/Ghana’s currency appreciation is delivering mixed blessings for its vital cocoa sector. While the cedi’s 40% gain this year bolsters national economic stability, it has sharply limited local benefits from soaring global cocoa prices. Farmers recently learned their produce will fetch only 4% more in cedis this season, despite international prices jumping over 60% in […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedis-rise-squeezes-cocoa-farmers-despite-global-price-surge/

Politics

4 d. ago Ghana Intensifies Child Labor Crackdown to Protect Cocoa Exports

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-intensifies-child-labor-crackdown-to-protect-cocoa-exports/Ghana is racing to secure its vital cocoa exports to Europe by eliminating child labor and ensuring full farm-to-port traceability before new EU regulations take effect in December 2025. The world’s second-largest cocoa producer faces high stakes: over 60% of its beans feed European chocolate markets now governed by strict EU Deforestation Regulation (EUDR) rules […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-intensifies-child-labor-crackdown-to-protect-cocoa-exports/

Politics

5 d. ago Federated Commodities Profit Soars 720% on Cocoa Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federated-commodities-profit-soars-720-on-cocoa-price-surge/Ghanaian agribusiness Federated Commodities PLC reported a sevenfold increase in net profit for the first nine months of 2025, driven by soaring cocoa prices and strategic debt reduction. Unaudited financials show net earnings jumped to GH¢47.1 million from GH¢5.7 million year-on-year, as turnover tripled to GH¢3.35 billion despite rising operational costs. The company slashed its […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/federated-commodities-profit-soars-720-on-cocoa-price-surge/

Economics

7 d. ago Cocoa farmers are disappointed in Mahama for ‘failing to honour his promise’ – Ntim Fordjour

The Ranking Member of Parliament’s Defence and Interior Committee, Rev John Ntim Fordjour, has accused the Mahama-led administration of deceiving Ghana’s cocoa farmers with what he describes as empty promises and unfair pricing. 

Politics

7 d. ago No syndicated loan needed for 2025/26 cocoa season – COCOBOD

The Ghana Cocoa Board (COCOBOD) has announced that it will not pursue a syndicated loan to finance cocoa purchases for the 2025/2026 crop season, attributing the decision to the ongoing global shortage of cocoa beans.

Politics

7 d. ago Ghana Raises Cocoa Producer Price by 62.6% Ahead of New Season

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-raises-cocoa-producer-price-by-62-6-ahead-of-new-season/Ghana’s government has announced a significant increase in cocoa producer prices to GH¢3,228.75 per 64kg bag (GH¢51,660 per tonne) for the 2025/2026 season, marking a 62.6% rise from the previous rate. Finance Minister Dr. Cassiel Ato Forson confirmed the adjustment effective August 7, 2025aligns with President John Mahama’s pledge to return 70% of export value […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-raises-cocoa-producer-price-by-62-6-ahead-of-new-season/

Politics

8 d. ago Government targets 650,000 tonnes of cocoa during 2025/2026 crop season, eyes 1.0m in long

The government has targeted the production of 650,000 tonnes of cocoa beans for the 2025/2026 crop season. The long-term vision is to scale up yields to reach the one million tonne mark. This was revealed by Finance Minister, Dr. Cassiel Ato Forson, as part of the government’s renewed efforts to revitalise Ghana’s cocoa sector, which […]

Politics

8 d. ago Cedi Strength Caps Cocoa Farmer Gains Despite 63% Global Price Surge

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedi-strength-caps-cocoa-farmer-gains-despite-63-global-price-surge/Ghana’s cocoa farmers will receive only a 4.2% increase in local currency earnings for the new season despite a 62.6% dollar-denominated price jump to $5,040 per tonne, as the cedi’s appreciation blunts the global windfall. The revised rate of GH¢3,228.75 per 64kg bag effective August 7 contrasts sharply with farmer expectations, as a stronger cedi […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/cedi-strength-caps-cocoa-farmer-gains-despite-63-global-price-surge/

Politics

8 d. ago Ghana Raises Cocoa Price to $5,040 Per Tonne in Policy Shift

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-raises-cocoa-price-to-5040-per-tonne-in-policy-shift/Ghana has increased cocoa producer prices to $5,040 per tonne for the 2025/2026 season, up from $3,100, effective August 7. The adjustment announced by Finance Minister Dr. Cassiel Ato Forson translates to GH¢3,228.75 per 64kg bag, a GH¢128.75 rise. Forson stated the move fulfills President John Mahama’s pledge to allocate 70% of Free-On-Board (FOB) value […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-raises-cocoa-price-to-5040-per-tonne-in-policy-shift/

Economics

8 d. ago Government to maintain syndicated loans for 2025/2026 cocoa purchases

The Mahama-led government has announced it will maintain the use of syndicated loans to finance cocoa purchases for the 2025/2026 season, while working with the Ghana Cocoa Board (COCOBOD) to explore more sustainable long-term financing options for the sector. For decades, Ghana has relied on syndicated loans from international banks to pre-finance cocoa purchases at […]

Politics

4 w. ago COCOBOD, FAO launch Ghana Cocoa Monitor for sustainable cocoa production

As the world’s second-largest cocoa producer, Ghana plays a crucial role in the global cocoa industry. However, the sector faces complex, interconnected challenges, including climate change, child labour, deforestation, low farmer incomes, market volatility, unsustainable practices and more recently, illegal gold mining. To address these challenges, the Ghana Cocoa Board (COCOBOD), working in collaboration with […]

Politics