{"id":351147,"date":"2011-03-30T00:00:00","date_gmt":"2011-03-30T00:00:00","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/30\/cpc-looks-outside-ghana-for-cocoa-for-its-chocolates\/"},"modified":"2011-03-30T00:00:00","modified_gmt":"2011-03-30T00:00:00","slug":"cpc-looks-outside-ghana-for-cocoa-for-its-chocolates","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/30\/cpc-looks-outside-ghana-for-cocoa-for-its-chocolates\/","title":{"rendered":"CPC looks outside Ghana for cocoa for its chocolates"},"content":{"rendered":"<div readability=\"52\">\n<p>\t\t\t\tThe Cocoa Processing Company says it will have to use beans from outside Ghana in the production of its chocolates. <\/p>\n<p>Managing Director, Richard Armah Tetteh explained to Joy Business the high price of the produce is making it increasingly unprofitable to use the local beans alone in production.<\/p>\n<p>He said it made business sense for the company to reduce its production cost by sourcing relatively cheap cocoa beans from elsewhere.<\/p>\n<p>\u201cWorldwide nobody processes only Ghana beans and makes enough [profit] margins because\u201d Ghana\u2019s beans is the most expensive cocoa beans you can get anywhere in the world, he stated.<\/p>\n<p>He however maintains the company will not compromise on the quality of its products. <\/p>\n<p>The move is seen as some of the measures CPC is putting in place to improve its bottom-line. <\/p>\n<p>It recorded yet another poor year with a loss of 12.5 million Ghana cedis for last year.<\/p>\n<p>Source: Joy Business\/Ghana<\/p>\n<\/div>\n<p>See the original post:<br \/>\n<a target=\"_blank\" href=\"http:\/\/news.myjoyonline.com\/business\/201103\/63575.asp\" title=\"CPC looks outside Ghana for cocoa for its chocolates\" rel=\"noopener noreferrer\">CPC looks outside Ghana for cocoa for its chocolates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> The Cocoa Processing Company says it will have to use beans from outside Ghana in the production of its chocolates. Managing Director, Richard Armah Tetteh explained to Joy Business the high price of the produce is making it increasingly unprofitable to use the local beans alone in production<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-351147","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CPC looks outside Ghana for cocoa for its chocolates - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/30\/cpc-looks-outside-ghana-for-cocoa-for-its-chocolates\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"CPC looks outside Ghana for cocoa for its chocolates - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The Cocoa Processing Company says it will have to use beans from outside Ghana in the production of its chocolates. Managing Director, Richard Armah Tetteh explained to Joy Business the high price of the produce is making it increasingly unprofitable to use the local beans alone in production\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/30\/cpc-looks-outside-ghana-for-cocoa-for-its-chocolates\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/30\/cpc-looks-outside-ghana-for-cocoa-for-its-chocolates\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"CPC looks outside Ghana for cocoa for its chocolates\",\"datePublished\":\"2011-03-30T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/30\/cpc-looks-outside-ghana-for-cocoa-for-its-chocolates\/\"},\"wordCount\":174,\"commentCount\":0,\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/30\/cpc-looks-outside-ghana-for-cocoa-for-its-chocolates\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/03\/30\/cpc-looks-outside-ghana-for-cocoa-for-its-chocolates\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/03\/30\/cpc-looks-outside-ghana-for-cocoa-for-its-chocolates\/\",\"name\":\"CPC looks outside Ghana for cocoa for its chocolates - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-03-30T00:00:00+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/03\/30\/cpc-looks-outside-ghana-for-cocoa-for-its-chocolates\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CPC looks outside Ghana for cocoa for its chocolates - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/03\/30\/cpc-looks-outside-ghana-for-cocoa-for-its-chocolates\/","twitter_card":"summary_large_image","twitter_title":"CPC looks outside Ghana for cocoa for its chocolates - Ghanamma.com","twitter_description":"The Cocoa Processing Company says it will have to use beans from outside Ghana in the production of its chocolates. 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