COCOBOD Board Waives Sitting Allowances to Support Cocoa Sector Reforms
The Board of Directors of the Ghana Cocoa Board (COCOBOD) has announced that it will forgo all sitting allowances for the remainder of the 2025/26 cocoa season. The decision, according to a public notice issued by COCOBOD, is part of efforts to reinforce ongoing reforms aimed at strengthening the long-term sustainability of Ghana’s cocoa industry. The statement emphasized that the move reflects the Board’s commitment to prudent financial management, shared sacrifice, and responsible leadership at a time when the cocoa sector is undergoing critical reforms. These reforms are designed to address recent challenges and restore confidence across the cocoa value chain. COCOBOD reiterated its dedication to enhancing operational efficiency, promoting accountability, and safeguarding the livelihoods of cocoa farmers. The Board assured stakeholders that it remains focused on ensuring that reforms deliver tangible benefits to farmers and the wider industry. The Board further noted that it...