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COCOBOD signals new policy direction after meeting cocoa processors
The Chief Executive Officer (CEO) of the Ghana Cocoa Board COCOBOD, Dr. Randy Abbey, has indicated that the government plans to introduce a new policy direction for Ghana’s cocoa industry.
Dr.Abbey made the remarks after a stakeholder engagement with cocoa processors, describing the consultations as a key step in shaping reforms within the sector.
He noted that processors play an extremely important role in the cocoa value chain, particularly in the area of value addition.
According to him, the meeting formed part of a series of engagements aimed at aligning industry players with the government’s strategy.
He explained that it was necessary to meet leaders in the processing sector to demonstrate the government’s commitment to strengthening value addition.
He disclosed that both the Finance Minister and the Minister for Trade, Agribusiness and Industry led the discussions.
He added that full details of the government’s policy direction would be outlined in a press briefing by the Finance Minister later in the day.
Dr. Abbey stressed that Ghana must rethink its long standing reliance on exporting raw cocoa beans.
In his view, a shift toward value addition is critical if the country is to create jobs, improve returns for farmers, and expand business opportunities.
He maintained that changing course in the cocoa industry would help generate greater wealth and support entrepreneurship.
The anticipated reforms are expected to address structural issues and promote increased local processing of cocoa.
By: Jacob Aggrey
President John Mahama has arrived in Moscow, Russia, from Ethiopia to participate in the 3rd Russia-Africa Summit.
The summit is being hosted by Russian President Vladimir Putin.
During the visit, President Mahama will join fellow African leaders at the Economic and Humanitarian Forum and summit plenary sessions.
He is also scheduled to hold high-level bilateral talks with President Putin and attend a Kente exhibition organised by the Russia-Ghana Parliamentary Forum.
As part of the visit, the President will receive honorary doctorate degrees from the Russian University of Transport and the Peoples’ Friendship University of Russia.
He will also engage Russian businesses and state institutions to advance bilateral cooperation between Ghana and Russia.
By Edem Mensah-Tsotorme
The Greater Accra Regional Organiser of the New Patriotic Party (NPP), Moses Abor, has met with the Bono Regional Chairman of the party, Kwame Baffoe, popularly known as Abronye DC, to address concerns arising from recent social media developments.
In a statement shared , Mr. Abor said he yesterday visited Chairman Baffoe over comments he made on his show, which had raised concern among some party activists.
According to him, he also engaged Charles Opoku Presidoo and ironed out grievances he had earlier held regarding the matter.
Mr. Abor said he was pleased that in the spirit of unity and the party’s shared commitment to return to power in 2028, they had a constructive conversation and addressed the concerns amicably.
“With the matter now resolved, I encourage all Party activists to let the matter rest and redirect our energy toward holding the NDC accountable for its failures and misleading claims,” he said.
He urged party members to continue making the case to Ghanaians on why Dr. Mahamudu Bawumia is the right person to lead the country in 2028.
By Edem Mensah-Tsotorme
