The brewery says higher excise rates could weaken local manufacturing and investment, while the Finance Ministry argues the revised system retains a tax advantage for domestic producers.
The latest payment brings COCOBOD’s total DDEP-related settlements in 2026 to GH¢2.683 billion and concludes outstanding obligations to non-participating Cocoa Bill holders.
Cocoa Processing Company faces mounting financial pressure despite stronger confectionery sales and higher local revenue during the six months to March 2026.
The investment will develop an integrated poultry value chain spanning feed, hatcheries, farming, processing and cold-chain infrastructure while creating thousands of jobs.
Farmers’ representatives say Ghana’s new cocoa legislation fails to address structural weaknesses and could prolong the country’s dependence on raw bean exports.