Business News of Thursday, 12 February 2026Source: www.ghanaweb.comAs part of measures to safeguard Ghana’s cocoa sector, the government has announced that it will, in the coming days, lay before Parliament a new cocoa bill guaranteeing farmers a minimum of 70 percent of the Free On Board (FOB) price of their produce. LIVESTREAMED: Finance Minister addresses nation on cocoa sector reforms“A new COCOBOD bill will be presented to Parliament to implement an automatic adjustment of producer prices to reflect movements in the world market price, exchange rates, and other key variables, while guaranteeing a minimum of 70 percent of the gross FOB price to cocoa farmers,” he stated. He added that COCOBOD’s new cocoa financing model would take effect in the 2026/2027 cocoa crop season. The FOB price refers to the price of cocoa at the point of export, excluding insurance and freight costs. Government to introduce new Cocoa Bill with 70% FOB price guaranteeSP/MA

Source: GhanaWeb February 13, 2026 03:57 UTC