COCOBOD’s Executive Management and Senior Staff have announced salary reductions for the remainder of the 2025/26 crop year, citing liquidity challenges in the cocoa industry. In a statement issued Monday, February 16, 2026, COCOBOD said its Executive Management has taken a 20% pay cut, while Senior Staff have accepted a …
Read More »COCOBOD CEO Sues Abronye DC For Defamation, Seeks GHS20m In Damages
Acting Chief Executive Officer of COCOBOD and seasoned broadcaster, Dr Randy Abbey, has filed a defamation lawsuit against outspoken politician and NPP Bono Regional Chairman, Kwame Baffoe, popularly known as Abronye DC. The suit, filed on August 26, 2025, seeks GHS 20 million in damages over what Dr Abbey describes …
Read More »AUDIO: “Randy Abbey Is Not Related To Akufo-Addo To Be Carrying Chairs” – COCOBOD PRO Blasts NPP’s Miracles Aboagye
COCOBOD has dismissed allegations by Dennis Miracles Aboagye, Director of Communications for the Bawumia 2024 campaign, that CEO Dr. Randy Abbey was seen carrying a leather chair during farm tours, stating he is “not Akufo-Addo’s relative to be carrying chairs about.” Sam Jerome, COCOBOD’s Head of Corporate Communications, denied …
Read More »New Cocoa Producer Price Not Yet Out – COCOBOD Urges Public To Disregard Claims
The Ghana Cocoa Board is urging the general public, stakeholders, and members of the media to disregard any statements or reports suggesting that a decision has been made regarding the announcement of a new producer price for cocoa. In an official statement, COCOBOD clarified that these claims are false, as …
Read More »COCOBOD Maintains Cocoa Producer Price Despite Côte d’Ivoire Hike
The Ghana Cocoa Board (COCOBOD) has announced that the producer price of cocoa will remain unchanged for the 2025/2026 season. In a letter to the Licensed Cocoa Buyers’ Association of Ghana (LICOBAG), COCOBOD explained that the decision followed a thorough assessment of the operational and financial implications for the local …
Read More »Ghana’s Public Debt Hits GHS721bn; ECG Owes GHS68bn, COCOBOD GHS32.5bn – President Mahama Reveals
President John Dramani Mahama has delivered a stark assessment of Ghana’s economic situation, describing the nation as “broken on many fronts” due to staggering debt and financial mismanagement. Presenting his first State of the Nation Address (SONA) of his second term to Parliament in Accra on Thursday, February 27, he …
Read More »COCOBOD Denies Cocoa Price Hike, Warns Against Misinformation
Ghana Cocoa Board (COCOBOD) has dismissed claims circulating on social media that the government has announced an increase in cocoa prices, stating that such reports are entirely false. The regulatory body has urged stakeholders and the public to disregard the misinformation and rely only on official communication channels for accurate …
Read More »President Mahama Appoints Dr Randy Abbey As Acting CEO Of COCOBOD
Dr. Ransford Anertey Abbey has been appointed as the Acting Chief Executive Officer (CEO) of the Ghana Cocoa Board (COCOBOD) by President John Dramani Mahama. The appointment was formally announced in a letter dated January 21, 2025, in accordance with Article 195(1) of the 1992 Constitution and Section 12(2) of …
Read More »Joseph Boahen Aidoo Resigns As CEO Of COCOBOD
The Chief Executive Officer of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has officially stepped down from his position, effective January 7, 2025. His resignation follows a directive issued on January 13, 2025 regarding the cessation of all board memberships of State-Owned Enterprises (SOEs). In a letter to President John …
Read More »COCOBOD Denies Reports Of Loan Rejection By International Banks
Ghana Cocoa Board (COCOBOD) has vehemently denied claims that it was rejected by international banks in its quest to secure a $1.5 billion loan for the 2024/2025 cocoa crop season. This comes after Minority Leader Cassiel Ato Forson alleged that the loan request failed to attract interest from international banks …
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