{"id":433330,"date":"2026-02-19T02:23:10","date_gmt":"2026-02-19T02:23:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/433330\/"},"modified":"2026-02-19T02:23:10","modified_gmt":"2026-02-19T02:23:10","slug":"cocobod-pays-gh%c2%a2237-million-to-cocoa-farmers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/433330\/","title":{"rendered":"COCOBOD pays GH\u00a2237 million to cocoa farmers"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/COCOBOD-pays-GH-237-million-to-cocoa-farmers-2022297?gallery=1\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/08\/12827732.295.jpg\" alt=\"File photo of cocoa beans\" title=\"File photo of cocoa beans\" width=\"295\" height=\"205\" \/> <\/a>File photo of cocoa beans<\/p>\n<p id=\"article-123\">The Ghana Cocoa Board (COCOBOD) has paid GH\u00a2237 million to cocoa farmers for 50,000 metric tonnes of cocoa.<\/p>\n<p>In a post on his Facebook page on Wednesday, February 18, 2026, Jerome Sam, Head of Public Affairs at COCOBOD, said the payment is intended to bring relief to farmers.<\/p>\n<p>\u201cI\u2019m happy to report COCOBOD has started payment for the 50,000 metric tonnes. An amount of GH\u00a2237 million has been paid,\u201d he posted.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Here-s-how-much-COCOBOD-will-save-monthly-from-salary-cuts-2022210\" rel=\"nofollow noopener\" target=\"_blank\">Here&#8217;s how much COCOBOD will save monthly from salary cuts<\/a><\/p>\n<p>The payment comes at a time when Ghana\u2019s cocoa sector is facing financial constraints, with calls from industry players, cocoa farmers, and the Minority in Parliament over arrears owed to farmers.<\/p>\n<p>On February 12, 2026, the government announced major reforms to stabilize the sector and help offset COCOBOD\u2019s growing debt.<\/p>\n<p>As part of the reforms, Cabinet announced a new farm-gate price of GH\u00a241,392 per tonne, equivalent to GH\u00a22,587 per 64kg bag.<\/p>\n<p>Meanwhile, COCOBOD has cut salaries of executive management by 20 percent and senior staff by 10 percent, a move expected to raise GH\u00a25 million monthly to help offset its debt.<\/p>\n<p>See the full post below:<\/p>\n<\/p>\n<p>SP\/MA<\/p>\n<p>Auto dealers respond to 15% price cut announcement<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"File photo of cocoa beans The Ghana Cocoa Board (COCOBOD) has paid GH\u00a2237 million to cocoa farmers for&hellip;\n","protected":false},"author":2,"featured_media":86222,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-433330","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/433330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=433330"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/433330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/86222"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=433330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=433330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=433330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}