{"id":754839,"date":"2019-11-29T13:55:25","date_gmt":"2019-11-29T13:55:25","guid":{"rendered":"https:\/\/ghana-mma.com\/2019\/11\/29\/cocobod-warns-lbcs\/"},"modified":"2019-11-29T13:55:25","modified_gmt":"2019-11-29T13:55:25","slug":"cocobod-warns-lbcs","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/11\/29\/cocobod-warns-lbcs\/","title":{"rendered":"COCOBOD Warns LBCs –"},"content":{"rendered":"

<\/p>\n

\n

Joseph Boahene Aidoo<\/strong><\/p>\n

THE
\nGHANA Cocoa Board (COCOBOD) has announced it has noted with concern that some
\nLBCs are engaged in unethical practices in the internal marketing of cocoa. <\/p>\n

According
\nto the board, in a recent release, signed by Dr. Emmanuel Opoku, deputy chief
\nexecutive in charge of operations, such practices which involved the payment of
\nspot premiums and other forms of inducements were offensive to the regulations
\nand guidelines for the internal marketing of cocoa.<\/p>\n

\u201cWe
\nwish to reiterate our directive of 24th<\/sup> January, 2019, that payment
\nof any form of inducements to cocoa farmers at the point of sale is unethical
\nand must stop forthwith. LBC\u2019s must refrain from any form of advertisement
\nsoliciting for cocoa from producers for premium payments on the spot or at a
\nlater date. <\/p>\n

\u201cPremium
\npayments can be made after the closing of the season to only cocoa farmers who
\nregistered and participated in certification\/sustainability projects before the
\nstart of the cocoa season.<\/p>\n

\u201cNo
\nLBC shall purchase conventional cocoa and declare same as special unless with a
\nwritten prior approval by COCOBOD and restricted to a specific location.\u201d<\/p>\n

It
\nmentioned that it had begun consultations to reform the regulation for the
\nproduction and marketing of certified\/sustainable cocoa, adding that the final
\ndecision on the operation of certified\/traceable cocoa projects shall be
\ncommunicated to all stakeholders in due course. <\/p>\n

\u201cAll
\nLBCs are reminded that COCOBOD management shall evoke the applicable sanctions
\non violations of the above directive.\u201d<\/p>\n

A business desk report <\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Joseph Boahene Aidoo THE GHANA Cocoa Board (COCOBOD) has announced it has noted with concern that some LBCs are engaged in unethical practices in the internal marketing of cocoa. According to the board, in a recent release, signed by Dr. Emmanuel Opoku, deputy chief executive in charge of operations, such practices which involved the payment […]<\/p>\n","protected":false},"author":1,"featured_media":706445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-754839","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\nCOCOBOD Warns LBCs - 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\/2019\/11\/29\/cocobod-warns-lbcs\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"COCOBOD Warns LBCs - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Joseph Boahene Aidoo THE GHANA Cocoa Board (COCOBOD) has announced it has noted with concern that some LBCs are engaged in unethical practices in the internal marketing of cocoa. 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