Business News of Friday, 20 February 2026Source: www.ghanaweb.comSitting allowances for members of the Board of Directors of the Ghana Cocoa Board (COCOBOD) will be suspended for the remainder of the 2025/2026 cocoa season as part of efforts to support ongoing reforms in the sector. According to the Board, the move forms part of efforts to reinforce the long-term sustainability of Ghana’s cocoa industry at a time when the sector is undergoing significant restructuring. Here is how much COCOBOD has paid LBCs so far“In support of ongoing efforts to reform Ghana’s cocoa industry and strengthen its long-term sustainability, the Board of Directors of the Ghana Cocoa Board has resolved not to receive any sitting allowances for the remainder of the 2025/26 cocoa season,” part of the statement read. The Board emphasised that the decision reflects a commitment to prudent financial management and responsible leadership, particularly as COCOBOD implements key reforms to address recent operational and financial challenges. It further indicated that it will continue to collaborate closely with government and other stakeholders to strengthen the resilience of the cocoa industry and secure its long-term viability for future generations.

Source: GhanaWeb February 20, 2026 10:05 UTC