General News of Monday, 12 May 2025
Source: www.ghanawebbers.com
The Ghana Cocoa Board (COCOBOD) is working with Parliament. They aim to tighten laws on cocoa smuggling. The goal is to make penalties stricter and more effective.
COCOBOD's efforts are part of a larger plan. They want to protect Ghana’s cocoa sector from challenges. Cross-border smuggling is driven by price differences in neighboring countries.
Jerome Sam, Head of Public Affairs at COCOBOD, spoke with Citi Business News. He mentioned that one measure is changing the main crop season start date. It will shift from October to August.
COCOBOD also plans to ensure timely payments for cocoa farmers. This step aims to reduce the temptation to sell cocoa illegally across borders.
Jerome Sam emphasized the importance of prompt payment. He stated that even small amounts should be paid immediately. If farmers know they will get paid quickly, they are less likely to engage in illegal activities.
He added that COCOBOD is working hard to support Ghanaian farmers. They want to discourage selling cocoa beans outside the country. Additionally, they are collaborating with Parliament and other institutions for stricter penalties against smuggling.