General News of Thursday, 5 March 2026Source: www.ghanaweb.comThe hardworking cocoa farmers of Ghana, the backbone of one of the country's most important export crops, are facing tough times once again. “They are finding all manner of reasons as to why they cannot pay the cocoa farmer. He pointed out the heavy debt burden weighing on the system: the Ghana Cocoa Board (COCOBOD) owes Licensed Buying Companies (LBCs), the middlemen who purchase directly from farmers, more than GH¢11 billion. This outcry follows the government's recent announcement that it had released GH¢855 million specifically to clear some of these outstanding payments to farmers. Yet, according to the Minority, that money hasn't reached the people who need it most, the farmers themselves are still waiting.

Source: GhanaWeb March 06, 2026 03:30 UTC