COCOBOD’s self-imposed goal of the end of June has not been met.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd

The Ghana Cocoa Board (COCOBOD) has failed to meet its self-imposed end-of-June deadline to clear more than GH¢6 billion owed to cocoa farmers and Licensed Buying Companies (LBCs), leaving an estimated GH¢3.4 billion still outstanding.

The shortfall comes despite a firm assurance given by the Board’s Head of Public Affairs, Jerome Sam, during an interview on JoyNews’ PM Express on June 15 that the arrears would be almost entirely settled before the end of the month.

Source: newsthemegh.com