• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, December 21, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

COCOBOD Strengthens Anti-Smuggling Measures to Protect Ghana’s Cocoa Industry

M.Cby M.C
May 12, 2025
Reading Time: 3 mins read
COCOBOD Strengthens Anti-Smuggling Measures to Protect Ghana’s Cocoa Industry

Cocoa

Ghana’s cocoa sector, a critical pillar of the country’s economy and a vital source of livelihood for millions of farmers, is under threat from rising cases of cocoa smuggling.

In response, the Ghana Cocoa Board (COCOBOD) is intensifying efforts to safeguard the industry by collaborating with Parliament to tighten anti-smuggling laws. This initiative is part of a broader strategy to make cocoa smuggling less attractive and ensure long-term sustainability for cocoa production in Ghana.

COCOBOD has revealed that it is working closely with the legislative arm of government to amend existing laws and make the penalties for cocoa smuggling more severe. According to Jerome Sam, Head of Public Affairs at COCOBOD, the aim is to create legal provisions that act as a strong deterrent to individuals and syndicates engaged in the illegal trade of cocoa across Ghana’s borders.

RelatedPosts

Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments

Credit Risk Sharing Has Failed to Unlock Agric Financing – Prof. Quartey

Vice President Hails MOTAI’s Offensive Against Import Dependency

“The smuggling of cocoa beans, driven largely by price disparities in neighboring countries, is bleeding the industry and must be curtailed,” Sam emphasized. Strengthening legislation, he noted, will ensure that the consequences of engaging in this activity outweigh any short-term financial gains. By making the law more punitive, COCOBOD believes it can drastically reduce the motivation to divert cocoa for illegal export.

Early Start of Main Crop Season

In a strategic shift to prevent smuggling, COCOBOD is also adjusting the cocoa production calendar. One key change is the advancement of the main crop season from October to August. This move, according to Jerome Sam, is intended to stay ahead of the smuggling trend, which typically intensifies in the early months of the harvest season when cocoa beans are ready for sale.

The earlier start of the season is expected to increase the availability of legal channels for farmers to sell their cocoa beans, thereby reducing the temptation to exploit illegal markets across borders. It also aligns with COCOBOD’s broader goal of synchronizing production and purchasing schedules to maximize domestic retention of cocoa output.

ADVERTISEMENT

Another crucial intervention COCOBOD is implementing is the assurance of prompt payments to cocoa farmers. Timely compensation, the Board believes, is one of the most effective tools in discouraging farmers from selling their produce illegally.

“We have to make sure that we do prompt payment. So even if it is GHȼ1, the person must get his money there and then. If I am assured of getting paid when I take my cocoa to the District Officer (D.O) or any Licensed Buying Company (LBC), why would I engage in illegality?”

Jerome Sam

This approach not only reinforces farmer confidence in the formal supply chain but also builds trust between farmers and regulatory institutions. The ultimate goal is to incentivize loyalty and patriotism among cocoa farmers, ensuring they remain committed to supporting the Ghanaian economy through legal sales.

A Comprehensive Strategy to Combat Smuggling

COCOBOD’s multi-pronged strategy reflects a deeper understanding of the socio-economic factors fueling smuggling. Price disparities in neighboring countries such as Côte d’Ivoire and Togo make cocoa smuggling a lucrative business for unscrupulous individuals. By addressing these incentives—through legal reforms, prompt payments, and crop season adjustments—COCOBOD is positioning itself to effectively neutralize the drivers of this illegal trade.

In addition to legislative changes, COCOBOD is engaging with other key stakeholders, including security agencies, local governments, and cocoa cooperatives, to bolster surveillance and enforcement at border communities. Public education campaigns are also being launched to raise awareness of the dangers smuggling poses to the industry and national revenue.

COCOBOD’s aggressive push to curb cocoa smuggling signals a new era of proactive leadership in Ghana’s cocoa sector. By strengthening the legal framework, adjusting operational timelines, and ensuring fair treatment of farmers, the Board is laying a solid foundation for the protection and growth of one of Ghana’s most prized commodities.

READ ALSO: President Mahama Champions Debt Reforms, Inclusive Growth

Tags: Anti-Smuggling MeasuresCocoa industryCocoa sectorCOCOBODFarmersJerome Sam
Share2Tweet1ShareSendSend
Please login to join discussion
Previous Post

Transport Fare Cuts Urged Amid Cedi Gains

Next Post

Trump Hints Sanctions Removal On Syria

Related Posts

Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments
Agribusiness

Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments

December 19, 2025
Credit Risk Sharing Has Failed to Unlock Agric Financing – Prof. Quartey
Agribusiness

Credit Risk Sharing Has Failed to Unlock Agric Financing – Prof. Quartey

December 18, 2025
Vice President Professor Jane Naana Opoku-Agyemang
Agribusiness

Vice President Hails MOTAI’s Offensive Against Import Dependency

December 18, 2025
Hon. Elizabeth Ofosu-Adjare, disclosing gov't's 2026 industrial sector policy
Agribusiness

Gov’t to Revamp the Industrial Sector in 2026 with a Renewed Commitment

December 18, 2025
20% Excise Duty Could Cripple Ghana’s Agro-Industrial Ambitions, Agribusiness Chamber Warns
Agribusiness

20% Excise Duty Could Cripple Ghana’s Agro-Industrial Ambitions, Agribusiness Chamber Warns

December 16, 2025
Addressing agribusiness challenges
Agribusiness

Trade Ministry Addresses Agribusiness Challenges to Boost the Agric Sector

December 15, 2025
Israel Announces Expansion Of Settlements In Occupied West Bank
Asia

Israel Approves 19 New Settlements In Occupied West Bank

by Comfort AmpomaaDecember 21, 2025
Ghana International Trade and Finance Conference Urges Africa to Ditch Debtor Status and Claim Equal Partnership in Global Economy
Banking

GITFiC Urges Africa to Ditch Debtor Status and Claim Equal Partnership in Global Economy

by M.CDecember 21, 2025
Extractives/Energy

Energy Minister Assures Power Grid Stability Despite Peak Demand

by Prince AgyapongDecember 21, 2025
President John Dramani Mahama
General News

Mahama Breaks Ground for Sunyani Outer Ring Road & Major Road Projects in Bono Region

by Evans Junior OwuDecember 21, 2025
GoldBod Jewellery
Extractives/Energy

GoldBod Jewellery Partners Tourism Authority to Offer Diasporans Dec. Discounts and Gold Keepsakes

by Bless Banir YarayeDecember 21, 2025
Ghana's economy
Economy

Ghana’s Economic Resilience Must Persist, Not Rebound – UNCTAD

by Michael Teye-Bio NaduteyDecember 21, 2025
Israel Announces Expansion Of Settlements In Occupied West Bank
Ghana International Trade and Finance Conference Urges Africa to Ditch Debtor Status and Claim Equal Partnership in Global Economy
President John Dramani Mahama
GoldBod Jewellery
Ghana's economy

Recent News

Israel Announces Expansion Of Settlements In Occupied West Bank

Israel Approves 19 New Settlements In Occupied West Bank

December 21, 2025
Ghana International Trade and Finance Conference Urges Africa to Ditch Debtor Status and Claim Equal Partnership in Global Economy

GITFiC Urges Africa to Ditch Debtor Status and Claim Equal Partnership in Global Economy

December 21, 2025
Light

Energy Minister Assures Power Grid Stability Despite Peak Demand

December 21, 2025
President John Dramani Mahama

Mahama Breaks Ground for Sunyani Outer Ring Road & Major Road Projects in Bono Region

December 21, 2025
GoldBod Jewellery

GoldBod Jewellery Partners Tourism Authority to Offer Diasporans Dec. Discounts and Gold Keepsakes

December 21, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address