Tag Archives: Salary cut

COCOBOD Announces Salary Cuts

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 …

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Liberia’s President Cuts His Salary By 40%

Liberia’s President, Joseph Boakai has announced that he will slash his salary by 40 percent. His office said he hoped to set a precedent for “responsible governance” and demonstrate “solidarity” with Liberians. Government salaries have been under intense scrutiny recently as Liberians complain about the rising cost of living. Around …

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