• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Economy 201610

Cocoa Producer Price Adjusted

13-Oct-2016
/ Economy, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

The Ghana Cocoa Board (COCOBOD) has reviewed upwards, the producer price of cocoa from GH₵ 6,720.00 per tonne to GH₵ 7,520 per tonne for the 2016/2017 season.

A statement issued in Accra and copied to the Ghana News Agency said the Board has hence announced new cocoa prices for the cocoa season pegging it at GH₵ 470 per bag of 64kg gross weight.

The statement signed by Dr Stephen Kwabena Opuni, the Chief Executive Officer of COCOBOD said, the new rate for the cocoa price took effect from October 1.

Dr Opuni said: “COCOBOD and Government have decided to pay bonus to farmers at the time of sale of their produce” which will trigger the payment of additional GH₵ 5.00 per bag.

Dr Opuni explained that every farmer had to be paid GH₵ 470.00 per bag with GH₵ 5.00  as bonus summing up to GH₵ 475.00 per bag and cautioned buying companies to ensure total compliance with new producer prices of the crop.

“Licenced Buying Companies are to take note of this and pay our cherished farmers accordingly”, he said adding “all Licenced buying Companies must comply”.

Dr Opuni advised all cocoa farmers to insist on the payment to ensure they are paid GH₵ 475.00 per bag of 64kg gross weight of their produce.

Source: GNA

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Fuel Price: Ghana�s 8th Most Expensive In Sub Saharan Africa

Next Post

�Ghana�s Credit Rating Still B Negative�

 
 

More Stories

Economic Conditions Improving – BoG
Absa Bank Ghana Managing Director Moves On
Ghana Retains Its Position As Africa’s Most Indebted Country To The IMF
Govt Reopens Domestic Debt Exchange Programme
U.S and China Owe Half of World’s $235tr Debts - IMF
Ofori-Atta Rallies African Countries To Achieve 40% Carbon Credit By 2030
Output Growth Hits 28-Month High In August
Energy Sector Levies Rake In GH¢18.35bn In 7 Years
2nd Tranche Of IMF Cash Arrives In December– Ofori-Atta
Next Post

�Ghana�s Credit Rating Still B Negative�

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Economy Stories

  • Economic Conditions Improving – BoG

  • Absa Bank Ghana Managing Director Moves On

  • Ghana Retains Its Position As Africa’s Most Indebted Country To The IMF

  • Govt Reopens Domestic Debt Exchange Programme

  • U.S and China Owe Half of World’s $235tr Debts - IMF

  • Ofori-Atta Rallies African Countries To Achieve 40% Carbon Credit By 2030

  • Output Growth Hits 28-Month High In August

  • Energy Sector Levies Rake In GH¢18.35bn In 7 Years

  • 2nd Tranche Of IMF Cash Arrives In December– Ofori-Atta

  • GH¢2.9bn Spent On PFJ 1

 

 
 

Popular Videos

Peace Power Sports (25/09/2023)

#MeManNti with ADAKABRI FRIMPONG MANSO on NEAT 100.9 FM 25/09/23)

Akan News @ Midday On Peace 104.3 FM (23/09/2023)

Weekend Peace Power Sports Review (23/09/2023)

Akan News @ 6am On Peace 104.3 FM (24/09/2023)

Kokrokoo Live On Peace 104.3 FM (25/09/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media