Ghana’s president says Cocobod faces $1.3 billion gap in revenuesGhana’s newly elected president, John Mahama, has asserted that the nation’s cocoa body, Cocobod, is anticipated to lose around $1.3 billion in funds as a result of major contracts moved to the 2024/25 season, reports Neill Barston. Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Regulatory, Sustainability
Ukraine-based Roshen confectionery raises operating capital by 33%Roshen’s Kyiv-based Ukraine confectionery facilities are reportedly set to benefit from a move aiming to bolster its financial position by raising authorised capital level by 33% to a total of 2 billion UAH (Hryvnia) £37 million, writes Neill Barston.
York Cocoa House calls in administrators to maintain business tradingUK-based confectionery business, York Cocoa House, has appointed administrators to ensure that the company is able to maintain its operations, against a challenging economic backdrop, reports Neill Barston. Business news, Ingredients, Sustainability
Food and Drink Federation offers cautious welcome to Chancellor Rishi Sunak’s latest UK budgetThe UK’s Food and Drink Federation (FDF) has offered a cautious welcome to chancellor Rishi Sunak’s autumn budget today, which promised support for many areas of the economy with a spending round totalling £150 billion, reports Neill Barston. Business news, Food safety, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
