Jerome Kwaku Sam, Head of Public Affairs at COCOBOD, announced that GH¢237 million has been paid to farmers for 50,000 metric tonnes of cocoa. An amount of GH¢237 million has been paid.”The announcement comes amid ongoing challenges in the cocoa sector, where farmers have raised concerns about delayed payments. COCOBOD management and senior staff take salary cutsIn addition to supporting farmers, COCOBOD is taking steps to strengthen its own financial position. The board revealed that salary reductions for executive management and senior staff (20% for executives and 10% for senior staff) could save an estimated GH¢5 million each month. Authorities say these measures are part of a broader effort to address liquidity challenges within the cocoa sector, ensuring that farmers receive timely payments while maintaining the stability of Ghana’s cocoa industry.

Source: GhanaWeb February 18, 2026 17:58 UTC