
Audio By Carbonatix
The country’s biggest Licensed Cocoa Buyer, PBC is hopeful of exporting shea nut to Brazil by August despite the initial delay.PBC last month begun processing sheanut at its factory in Buipe, Northern Region.The factory which has a production-capacity of 40 thousand tonnes per year is projected to generate over 30 million dollars.Deputy Managing Director, George Boateng has been updating JOYBUSINESS on the initiative.“Because we’ve not established the laboratory analysis, we are also unable to determine the specific selling price. And so we’ve held on to the marketing and sale arrangements with the Brazilians” he said.Mr. Boateng adds the company regrets the initial delay in exporting the commodity“The issue here is PBC has locked its capital in PBC Shea because we should have been selling by now for PBC Shea to start paying PBC itself” he added.The cocoa purchasing company currently has about 38 percent market share and officials believe the move will enhance its fortunes.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
NDC elections: Nat Tetteh eyes Eastern Regional Deputy Secretary position
1 minute -
Ablakwa highlights Ghana-France cooperation, praises Macron on reparatory justice
13 minutes -
Protect people, not prices – Joe Jackson rejects fuel tax cuts and subsidies
33 minutes -
Finance Ministry, BoG clarify false claims about Databank’s bond market specialist status
36 minutes -
Lawyer petitions President to halt Terminal 2 refurbishment over value-for-money concerns
45 minutes -
Sunyani Market traders urge government action amid surging ginger prices
47 minutes -
Maphlix Farms to supply 3,000 tonnes to help bridge tomato deficit
53 minutes -
Ho MP urges public access to officials’ asset declarations
56 minutes -
Ecowas Bank for Investment and Development targets SMEs in Ghana with fresh funding for 2026
1 hour -
Two killed in Bosomtwe clash as residents demand increased security presence
1 hour -
Mahama returns from France to chair emergency Cabinet meeting on fuel prices
1 hour -
Ghana, Ukraine strengthen ties to boost agricultural productivity
1 hour -
Police arrest suspect over Adjen Kotoku Onion Market shooting
1 hour -
A-Plus claims independent candidates can defeat NPP, NDC with strong organisation
2 hours -
A-Plus backs Mahama’s leadership but rejects NDC label
2 hours