The Ghana Cocoa Board (COCOBOD) is deepening collaboration with Swiss partners to expand cocoa value addition through innovative juice production, following a high-level visit to the KOA Impact processing facility in Achiase. The Chief Executive of COCOBOD, Dr. Ransford Abbey, together with the Swiss Ambassador to Ghana, Benin and Togo, Simone Giger, toured the facility to assess progress in extracting cocoa “sweatings” — a liquid byproduct traditionally discarded — for the production of premium cocoa juice. Driving value beyond cocoa beans The visit focused on evaluating the technical and commercial potential of scaling the process, which captures cocoa pulp before fermentation without affecting bean quality. The initiative is creating an additional revenue stream for farmers while transforming what was once waste into a marketable product. Discussions during the tour centred on expanding the model to other cocoa-growing regions, increasing the range of value-added cocoa product...
Bank Relationship Manager Denies GH¢12m Theft Charges as Court Uncovers Alleged Betting, Forgery Scheme
A Relationship Manager at a private bank in Accra, Christopher Arthur, has pleaded not guilty to charges of stealing GH¢12 million from a businessman whose accounts he managed. Arthur appeared before the Circuit Court, presided over by His Honour Eyram Fumey, where he denied allegations that he diverted the funds for personal use, including spending about GH¢600,000 on the sports betting platform SportyBet. According to prosecutors, Arthur allegedly manipulated the client’s accounts over an extended period and forged bank statements to conceal the transactions. Investigators claim he later admitted to the offence and made partial refunds. The court has admitted Arthur to bail in the sum of GH¢12 million with four sureties, three of whom must be justified. His counsel, Samuel Laryea, successfully applied for bail, which was not opposed by the prosecution led by Chief Inspector Jonas Larwer. Irregularities and alleged fraud Court documents indicate that the complainant, a businessm...