COCOBOD MANAGEMENT AND SENIOR STAFF PAY CUT

Date: 16th February 2026

The Executive Management and the Senior Staff of COCOBOD have, effective today, Monday, February 16, 2026, reduced their salaries for the remainder of the 2025/26 crop year in recognition of the current liquidity challenges in the cocoa industry.

The Executive Management has taken a twenty (20) per cent cut, while the Senior Staff have taken a ten (10) per cent reduction in their respective salaries.

This decision and other cost-cutting measures in procurement and a staff rationalisation exercise are aimed at reducing the overall expenditure of COCOBOD and aligning cost with revenue.

ISSUED BY:
CHIEF EXECUTIVE

For more information, please contact the Public Affairs Department, Ghana Cocoa Board Office
Direct Line: (0302) 66-17-66
E-mail: public_affairs@cocobod-gh