Business News of Saturday, 14 February 2026Source: www.ghanaweb.comLawyer and former Asante Akim North MP, Andy Kwame Appiah-Kubi, has called for a 28% reduction in salaries for management at the Ghana Cocoa Board (COCOBOD) to align with cuts imposed on cocoa farmers. Appiah-Kubi expressed puzzlement over reports suggesting that managerial staff were seeking pay increases while cocoa farmers faced reduced earnings. “I cannot understand why someone working as a manager in the cocoa sector would want cocoa institutions to increase their salaries while they decrease ours,” he told host Alfred Ocansey. COCOBOD crisis linked to mismanagement under Akufo-Addo - Dr OtokunorHis comments come amid backlash from cocoa farmers and the Minority in Parliament over ongoing structural reforms in Ghana’s cocoa sector, including the reduction in the cocoa producer price. Appiah-Kubi further proposed that if such pay adjustments, which he described as “haircuts”, are necessary, they should be applied industry-wide.

Source: GhanaWeb February 14, 2026 22:22 UTC