The Management of the Ghana Cocoa Board has announced the release of GH¢25,369,862.50 (Twenty-five million, three hundred and sixty nine thousand, eight hundred and sixty two Ghana cedis, Ffifty Ghana pesewas) to some 26 Licensed Buying Companies (LBCs) for the payment of the first tranche of bonuses to cocoa farmers this November.
The bonus payment is in fulfillment of the government’s pledge to pay bonuses twice a year to cocoa farmers.
A statement issued by the COCOBOD and signed by its CEO said the bonus to be paid is GH₵ 40.00 per tonne (16 bags) or GH₵2.50 per bag of 64kg of cocoa.
The statement advised all LBCs to take note of the bonus payment and comply accordingly, and assured cocoa farmers that COCOBOD “would continue to partner
them towards continuous improvement of Ghana’s cocoa industry”.
The following is the list of LCBs;
- Produce Buying Company Ltd
- Olam Ghana Limited
- Akuafo Adamfo Marketing Company Ltd
- Adwumapa Buyers Limited
- Federated Commodities Ltd
- Kuapa Kokoo Ltd
- Transroyal Ghana Ltd
- Armajaro Ghana Ltd
- Cocoa Merchants Ghana Ltd
- Diaby Company Ltd
- Dio Jean Company Ltd
- Sika Aba Buyers Ltd
- Royal Commodities Ltd
- Sompa Kokoo Company Ltd
- West African Exchange Co. Ltd
- Chartwell Ventures Ltd
- Fereday Company Ltd
- Evadox Ltd
- Allied Commodities Ltd
- Ghana Co-Operative Marketing Ltd
- Farmers Alliance Ltd
- Duapa Buyers Company Ltd
- Yayra Glover Limited
- Abapa Golden Ltd
- CDH Commodities Ltd
- Aboafo Buyers Company Ltd
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