More Bonuses for Ghanaian Cocoa Farmers

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COCOBOD, the Ghanaian cocoa board, has announced another round of bonuses for cocoa farmers. This time, the total bonus amounts to GH¢25,369,862.50 ($17,887,263). That translates to $1.76 per bag of cocoa. As usual, the monies will be distributed to the 26 licensed buying companies which will then distribute funds to the farmers on the basis of their past deliveries. Also as usual, the COCOBOD advised the LBCs not to pocket the money.

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