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In Ghana, transporting or selling cocoa without the authorisation of COCOBOD is prohibited under section 317 of the Criminal Offences Act 1960 (Act 29). Additionally, Ghanaian cocoa must be inspected, graded, and sealed by a government inspector before it can be exported, per section 3 of the Cocoa Industry Regulations Act, 1968 (NLCD278).
The first attempt to regulate market value and production was in 1947 through the Ghana Marketing Board, which dissolved in 1979 and was reconciled into Ghana Cocoa Board also called COCOBOD [9]. The Ghana Marketing Board was established by ordinance in 1947 with the sum of 27 million Ghanaian Cedi as its initial working capital. In 1979, this ...
Opuni was alleged to have been involved in a number of corruption charges including causing financial loss to Ghana. [6] Attorney-General of Ghana, Gloria Akuffo stated that the former COCOBOD CEO Dr. Stephen Opuni could face a 25 years sentence if found guilty.
Cocoa beans and cocoa harvest processing. Ghana's cocoa production grew an average of 16 per cent between 2000 and 2003. [18] Cocoa has a long production cycle, far longer than many other tropical crops, and new hybrid varieties need over five years to come into production, and a further 10 to 15 years for the tree to reach its full bearing potential.
Olam International is an agri-business company, operating in 60 countries and supplying food and industrial raw materials to over 20,900 customers worldwide, placing them among the world's largest suppliers of cocoa beans, coffee, cotton and rice.
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On 13 January 2009, he was appointed as the Chief of Staff of Ghana by President John Evans Atta Mills. [ 3 ] [ 4 ] After the demise of his boss the President, John Evans Atta Mills, Newman was the one who broke the news publicly to the world on a live television broadcast of the death of Ghana's president on 24 July 2012.
Small business owners should not forget about a rule — currently in legal limbo — that would require them to register with an agency called the Financial Crimes Enforcement Network, or FinCEN ...
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