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PBC Faces Financial Crisis as Debt Hits GH¢673 Million – Report

Producer Buying Company (PBC), Ghana’s state-owned cocoa buying company, is reportedly struggling to purchase cocoa from farmers due to debts amounting to about GH¢673 million, according to a Reuters report. Sources familiar with the matter say the company also risks losing some of its assets...

COCOBOD Refutes Allegations of €12 Million Donation to Black Stars

The Ghana Cocoa Board (COCOBOD) has categorically dismissed claims circulating in sections of the media and across social platforms that it donated €12 million to support the Black Stars, describing the reports as entirely unfounded and misleading. The rebuttal follows widespread assertions suggesting that proceeds...