Buyers avoid Ghana cocoa as high prices leave 50,000 tonnes unsold – COCOBOD CEO
By Benjamin Nii Nai Anyetei The Ghana Cocoa Board (COCOBOD) has revealed that international buyers are increasingly avoiding Ghanaian cocoa due to higher prices compared with beans from other producing countries. Speaking at a media briefing, COCOBOD Chief Executive Officer Dr. Randy Abbey explained that the price differential has influenced purchasing decisions, with some buyers […]
Payment delays: COCOBOD working on solutions – Randy Abbey assures cocoa farmers
By Benjamin Nii Nai Anyetei The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr. Randy Abbey, has acknowledged growing concerns among cocoa farmers over delayed payments, describing the situation as challenging and driven by multiple factors. Speaking to journalists in Accra on Thursday, February 6, he said COCOBOD, the government, and the Ministry […]
Ghana Commodity Exchange Trades GH¢1.8 Billion in 2025, Supports Over 50,000 Farmers
By Benjamin Nii Nai Anyetei The Ghana Commodity Exchange (GCX) has reported that in 2025, total traded value from spot and over-the-counter (OTC) trades exceeded GH¢1.8 billion, with over 78,000 metric tonnes of commodities exchanged. The Exchange, which trades key agricultural products such as maize, soya, cashew, and rice through nine warehouses mainly located in […]
Political interference, weak reforms undermining cocoa sector – LICOBAG
By Benjamin Nii Nai Anyetei The Licensed Cocoa Buyers Association of Ghana (LICOBAG) has blamed governance failures and excessive political interference for the worsening state of Ghana’s cocoa industry, warning that without structural reforms, the sector’s long-term viability is at risk. Addressing the media, LICOBAG said repeated attempts to engage the Ghana Cocoa Board (COCOBOD) […]
Sports Minister Calls for Continental Reset at AIPS Africa Congress in Banjul
Minister for Sports and Recreation, Kofi Iddie Adams, has called for a fundamental reset of how Africa approaches sports development, urging governments and the media to stop treating sport as an afterthought and recognise it as a strategic economic sector. Delivering a statement at the Opening Ceremony of the 8th AIPS Africa Congress in Banjul, […]
Kandifo Institute Withdraws Petition Over Alleged Unlawful Activities in Goldbod Operations
By Felix Cofie The Kandifo Institute has formally withdrawn its petition alleging the unlawful involvement of unlicensed and investigated persons in the operations of Goldbod Ghana. In a letter dated January 8, 2025, and addressed to the Office of the Attorney-General and Minister of Justice, copies of which were sent to the Office of the […]
Unpaid Cocoa Stocks, Smuggling Fears as LICOBAG Highlights Strain on Farmers and Buyers
By Benjamin Nii Nai Anyetei The Licensed Cocoa Buyers Association of Ghana (LICOBAG) has warned that funding and sales challenges in the cocoa industry are having serious consequences for both farmers and Licensed Buying Companies (LBCs). According to the Association, delays in payments for cocoa delivered to port and limited access to funding have resulted […]
COCOBOD Explains Financing Crisis, Cocoa Price Pressures and Farmer Payments Amid Global Market Downturn
By Magdalene Andoh The Ghana Cocoa Board (COCOBOD) has outlined the financial and structural challenges confronting the cocoa sector, explaining the shift in financing models, delayed payments to some Licensed Buying Companies (LBCs), and pressures arising from the sharp fall in international cocoa prices. Traditionally, Ghana relied on syndicated loans to finance cocoa purchases, ensuring […]
2026 World Cup: Black Stars expand technical team with five key appointments
By: Belinda Nketia The Ghana Football Association has expanded the Black Stars’ technical team with five new appointments as preparations intensify for the 2026 FIFA World Cup. The additions are aimed at strengthening coaching support, performance analysis, medical care and player conditioning ahead of Ghana’s World Cup qualifiers and the tournament in North America. French […]
2026 World Cup: GFA appoints Black Queens head coach Kim Lars Björkegren as Black Stars assistant coach
By Kwame Bediako Black Queens head coach, Kim Lars Björkegren has been appointed assistant coach of the Black Stars ahead of the 2026 FIFA World Cup to be staged in North America. The Ghana Football Association (GFA) confirmed the appointment as part of efforts to strengthen the technical setup of the senior men’s national team […]
No star is bigger – Saudi League claps back at Ronaldo’s Al-Nassr grievances
By Kwame Bediako Cristiano Ronaldo has sparked controversy by sitting out Al-Nassr’s recent games. His boycott stems from frustration over what he sees as uneven favoritism in the Saudi Pro League, particularly from the Public Investment Fund (PIF), which backs multiple top clubs including Al-Nassr. Ronaldo’s ire boils down to PIF’s spending priorities. While Al-Nassr […]
$17bn Korle Lagoon Smart City project set to create over 100,000 jobs for Ghanaian youth
By Benjamin Nii Nai Anyetei The Integrated Ga–Gbese Korle Smart City and Beach Development Project, a $17 billion public-private partnership, is expected to generate over 100,000 jobs for Ghanaian youth upon completion, as government moves closer to implementation. The job-creation drive follows a committee meeting held on Tuesday, February 3, aimed at aligning stakeholders on […]
Deputy Minister for Finance leads signing of gold sector anti-money laundering agreement
By Benjamin Nii Nai Anyetei The Deputy Minister for Finance, Thomas Nyarko Ampem, has chaired the signing of a landmark inter-agency agreement aimed at strengthening anti-money laundering (AML) and counter-terrorist financing (CFT) controls within Ghana’s gold sector. The high-level ceremony, held at the Ministry of Finance, brought together heads of key regulatory, law enforcement, and […]
AMA pulls down shop extension at Tudu, says public walkways are not for sale
By Benjamin Nii Nai Anyetei The Accra Metropolitan Assembly (AMA) has removed an illegally constructed shop extension at Tudu as the city entered day four of its ongoing decongestion exercise aimed at restoring pedestrian access and enforcing the Assembly’s Red Line directive. The operation, carried out on Wednesday, followed repeated warnings to the shop owner […]
