23 November 2012

Ghana: Press Release - Cocobod

press release

GHANA COCOA BOARD 22nd November, 2012

PRESS RELEASE: COCOBOD

• Payment of Cocoa Farmers Bonus

• Engagement of CSSVD-CU Contract Staff

• Production of Cocoa Seedlings

It has come to the notice of Management of Ghana Cocoa Board (COCOBOD) that some cocoa farmers are complaining about delays in the payment of bonuses due them. We wish to state for the purpose of public records that in fulfilment of Government's pledge to pay bonuses twice a year to cocoa farmers, COCOCBOD, on 3rd October, 2012, released funds totalling Twenty Nine Million, Four Hundred and Eighty-four Thousand, Six Hundred and Five Ghana Cedis, Ten Pesewas (GH¢29,484,605.10) to Twenty Eight (28) Licensed Buying Companies (LBCs) for payment of bonuses to cocoa farmers as second tranche for the 2010/2011 crop season.

Below is the list of LBCs:

1. Produce Buying Company Ltd.

2. Olam Ghana Limited

3. Akuafo Adamfo Marketing Co Ltd.

4. Adwumapa Buyers Limited

5. Kuapa Kokoo Ltd.

6. Federated Commodities Ltd.

7. Armajaro Ghana Limited

8. Transroyal Ghana Ltd.

9. Cocoa Merchants Ghana Ltd.

10. Dio Jean Company Ltd

11. Sompa Kokoo Company Ltd

12. Royal Commodities Ltd.

13. Sika Aba Buyers Ltd.

14. Fereday Company Ltd.

15. Diaby Company Ltd.

16. Ghana Co-operative Marketing Ltd.

17. Evadox Ltd.

18. Allied Commodities Ltd.

19. Farmers Alliance Ltd.

20. Duapa Buyers Company Ltd

21. Mapie Enterprise

22. Yayra Glover Limited

23. Abapa Golden Ltd

24. CDH Commodities Ltd.

25. Aboafo Buyers Company Ltd.

26. Universal

27. Blossom Export Co. Ltd.

28. Alhaji Sulemana

Farmers and relevant stakeholders were duly informed through the print and electronic media about the payment.

We are therefore using this medium to inform all farmers who have still not received their bonuses to contact their respective LBCs with the necessary documents for their bonuses.

The bonus paid was GH¢32.00 per tonne (16 bags) or GH¢2.00 per bag of 64 kg of cocoa.

Meanwhile, we wish to inform the general public, especially casual staff of the Cocoa Swollen Shoot Virus Disease Control Unit (CSSVD-CU) that no staff has been disengaged.

Also, production of cocoa seedlings by the Seed Production Unit has not stopped since this is in line with Government's pledge, under the National Cocoa Rehabilitation Programme, to supply free seedlings to farmers for the next five years.

Farmers and staff welfare is a priority for COCOBOD and Management is doing everything possible to sustain this.

SIGNED

CHIEF EXECUTIVE

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