Business News of Thursday, 4 May 2017Source: ghanaweb.comEnergy price hike, lack of beans crippling Cocoa Industryplay videoAg. The Cocoa processing companies also lamented about the lack of light pod cocoa beans on the market. They insisted that the expensiveness of the main pod cocoa beans results in higher expenditure in operating their plants. This is most evident with the locally owned processing companies like Cocoa Processing Company of Ghana and Niche Cocoa Industry Ltd. operationsMost of these cocoa processing companies are into the processing of cocoa into cocoa butter, cocoa cake and cocoa liquor.

Source: GhanaWeb May 04, 2017 02:15 UTC