AKORA RADIO

  The Minority in Parliament has called on the government and the Ghana Cocoa Board (COCOBOD) to pay cocoa farmers immediately for all cocoa beans sold in order to save the industry from slipping back to the days of despondency and loss of interest. The caucus also demanded an apology from the government and COCOBOD for the delayed payment, which it described as “gross dereliction of duty”. It further demanded that COCOBOD reimburse the Licensed Buying Companies (LBCs) the GH¢10 billion outstanding repayments for cocoa purchased and delivered, and to ensure prompt repayment for subsequent deliveries to avoid the recurrence of such a despicable situation in the future. We demand that our cherished cocoa farmers are treated better and with dignity than we are seeing now,”  Dr Isaac Yaw Opoku — Ranking Member, Committee on Food, Agriculture and Cocoa Affairs Pay cocoa farmers to save industry from collapse - Minority urges govt, COCOBOD Pay cocoa farmers to save industry from col...

  The Bank of Ghana (BoG) has not restored the banking licence of GN Bank, which was downgraded to GN Savings and Loans Company Limited before its licence was revoked. The Governor of the BoG, Dr Johnson Asiama explained this to the Daily Graphic in an interview in the wake of persistent news in recent times that the central bank had restored the licence of GN Bank. Context GN Savings and Loans is currently challenging the revocation of its license and the case is still pending in court. A decision from the court is expected soon. The revocation of the licence in 2019, according to the regulator, was final and taken in the interest of safeguarding depositors and ensuring the stability of the financial sector. The central bank, in an earlier interview in 2024, justified its decision to revoke the licence of GN Bank in 2019, insisting that the action was warranted by significant regulatory breaches. The BoG at the time maintained that GN Bank failed to comply with critical financial ...