COCOBOD Threatens to Revoke Licenses of LBCs Buying Cocoa on Credit

The Ghana Cocoa Board (COCOBOD) has issued a warning to Licensed Buying Companies (LBCs), stating that their operating licenses will be withdrawn if they continue to purchase cocoa beans from farmers on credit.

14 Aug, 05:28 — 14 Aug, 05:28

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myjoyonlineMixed3d ago

COCOBOD threatens to withdraw LBC licences over cocoa purchases on credit

The Ghana Cocoa Board (COCOBOD) has warned Licensed Buying Companies (LBCs) against purchasing cocoa beans from farmers on credit, with repeat offenders facing the possibility of losing their operating licences.

By Ernest Arhinful

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COCOBOD Threatens to Revoke Licenses of LBCs Buying Cocoa on Credit

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COCOBOD threatens to withdraw LBC licences over cocoa purchases on credit

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