COCOBOD MANAGEMENT AND SENIOR STAFF PAY CUT

 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) percent cut, while the Senior Staff
have taken a ten (10) percent 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