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COCOBOD LIES ON APPROVAL OF KEYBOARDS PURCHASE AMID CLAIM OF NOT CONSUMMATING DEAL

Ghana’s troubled COCOBOD, which decided to buy computer keyboards from a company that reportedly sells the product online for GHc2550 each at GHc4500 rather, says it hasn’t gone ahead with the purchase.
The claim of not effecting the purchase is in spite of final approval by the company for the purchase on March 7, 2024.

In a statement issued today, April 1, 2024 COCOBOD admitted the legitimacy of the Memo but claimed that the idea for buying the keyboards was only a proposal from the Information Systems Department of the Company.

The PR Outfit of the Company also claimed that the the Management of COCOBOD had not sanctioned the purchase yet, while the minutes on the face of the Memo showed various approvals for the deal, with the final being minuted a day after Ghana’s independence anniversary.

Significantly, the detailed minutes on the Memo showed that the approvals started on February 27, 2024 through February 28, 2024 to March 7, 2024.
Only thing that may have been outstanding could have been the actual purchase and payment of same, not the approvals, sources say.

The failing COCOBOD is chaired by former NPP Chairman and Veep Bawumia’s campaign lead, Peter Mac-Manu. It also has BoG Governor Ernest Yedu Addison, a Deputy Finance Minister, a Deputy Minister of Trade, COCOBOD CEO, Joaeph Boahen-Aidoo and others on the Board.

Some Ghanaians have expressed concern on how the troubled company saw the need to buy 15 keyboards at higher than market prices for Members of the Board who mostly also serve in top public positions within the same Government.

The IMF in its last review of the Company for Ghana’s bailout barely a year ago in May 2023 noted that the Company was distressed, having generated losses for years under the Akufo-Addo-Bawumia administration.

“Ghana’s Cocoa Board (Cocobod) — the state-owned entity mandated with facilitating cocoa production and exercising export monopoly — has accumulated annual losses for many years, due to high rollover cost of outstanding cocoa bills, high purchase price to cocoa producers compared to its operational costs,

and elevated quasi-fiscal operations (e.g., fertilizers provision, rural roads development) that have also been a burden on the Board’s administrative expenses.”

Story Shaibu Terry

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NLA Presents GH¢10 Million Dividend to Government

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Published: October 2, 2026

Published at : 05:59Pm

By SAIBU TERRY.

The National Lottery Authority (NLA) has presented a GH¢10 million dividend to the Government of Ghana, marking the Authority’s return to contributing directly to the Consolidated Fund.

The cheque was presented by the NLA Board and Management to the Minister for Finance, Dr. Cassiel Ato Forson, with Director-General Mohammed Abdul-Salam leading t8he Authority’s delegation.

The payment represents the NLA’s first dividend contribution to the state since 2017, according to reports on the presentation.

Dr. Ato Forson welcomed the development but stressed that the contribution should not be treated as a symbolic gesture. He called for sustained efforts by the NLA to improve its revenue generation and deliver greater financial value to the state.

The Finance Minister further disclosed that the Ministry of Finance, in collaboration with the NLA and the Attorney-General, is reviewing existing revenue-sharing agreements involving the Authority. According to him, the review is intended to address arrangements that may have limited the revenue accruing to government.

In a statement shared on his Facebook page, NLA Director-General Mohammed Abdul-Salam said the dividend reflects the Authority’s renewed focus on efficiency, transparency and revenue generation.

He said the NLA would continue working to strengthen its operations and contribute meaningfully to national development through its statutory mandate.

The GH¢10 million payment is therefore being positioned as part of broader efforts to improve the NLA’s financial performance and strengthen its contribution to Ghana’s public finances.

The NLA has also urged the public to remain vigilant against fraudsters and scammers who may seek to exploit the Authority’s name for fraudulent activities.

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GABBSO Hospital Zone Treats Dakpema Pupils and Staff to Free Haircuts

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Published: September 26, 2026

Published at: 05:11

Ghananewsnet.com

​ Pupils and staff of the Dakpema Primary and Junior High School were met with a pleasant surprise on Friday, September 25, 2026, as the Hospital Zone of the Ghana Association of Barbers and Barbering Salon Owners (GABBSO) rolled out a free haircut outreach at their school compound.

​The community focused initiative brought smiles to the faces of over 100 students, providing them with fresh grooming free of charge.

According to leadership, the exercise forms part of the association’s broader corporate social responsibility to give back to society and support parents within the local community.

​Speaking during the outreach, the Regional Secretary of GABBSO, Mr. Abu Abdulai, who also serves as the Northern Regional Secretary for Association of Small Scale Industries(ASSI) took the opportunity to champion industry unity.

He urged fellow barbers operating within the region who have yet to join the association to register, emphasizing the numerous welfare and professional benefits members stand to gain.

​Mr. Abdulai also made a direct appeal to the Member of Parliament (MP) who double as Ghana Education Minister, Honourable Haruna Iddrisu, calling for partnership and financial or logistical support.

He noted that with backing from the lawmaker, GABBSO can successfully scale up the initiative to reach many more schools across the constituency.

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NDC Tamale Central Chairman F.K. Kanawu Supports Grassroots Mobilisation with Motorbike Donation‎

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Published: September 24, 2026

Published at: 07:48am

By Saibu Terry


‎NDC Tamale Central Constituency Chairman and re-election aspirant, Farouk F.K. Kanawu, has donated a brand-new motorbike to Mr. Olu of Changli to support grassroots party organisation and mobilisation.


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‎The donation forms part of efforts by Chairman Kanawu to provide logistical support for party activities in Changli and surrounding branches within the Tamale Central Constituency.


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‎The motorbike is expected to facilitate movement and coordination for grassroots activities, including mobilisation, communication and engagement with party members across the area.
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‎Presenting the motorbike, Chairman Kanawu said the support was intended to strengthen the party’s grassroots structures and enhance the effectiveness of local organisers.


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‎Mr. Olu, who received the motorbike, expressed appreciation to Chairman Kanawu for the gesture and pledged to use it for its intended purpose.


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‎The donation comes as Chairman Kanawu seeks another term as NDC Tamale Central Constituency Chairman, with his campaign emphasising grassroots organisation, logistical support and unity within the constituency.


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‎Supporters of the chairman have cited the donation as part of what they describe as his commitment to resourcing the party at the grassroots level.


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‎His campaign team continues to rally supporters under the slogan “Team F.K. – The Solid Team for Victory,” alongside the message “Eyɛ Zu, Eyɛ Za – Retain & Maintain.”

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