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2 clusters · 9 sources · 5 days · First seen · Last updated

Ghana Cocoa Board Bill and industry reforms

Overview

The introduction of the Ghana Cocoa Board Bill, 2026, has triggered political debate regarding its legislative process and impact on farmers. The New Patriotic Party (NPP) criticized the bill for being rushed through Parliament under a ‘Certificate of Urgency’ without sufficient consultation. Opponents raised concerns that the legislation could criminalize routine farm management and lacked transparency in its pricing formulas.

In response, the Ghana Cocoa Board (COCOBOD) and parliamentary majority members defended the bill as a way to consolidate laws and improve farmer welfare, including pension arrangements. The Ghana National Cocoa Farmers Association (GNACOFA) expressed cautious support for protecting farms from unauthorized destruction while calling for safeguards against official corruption.

Following the debate, COCOBOD CEO Dr. Randy Abbey clarified that the bill is intended to protect cocoa farms from damage caused by illegal mining, logging, and real estate development, rather than banning intercropping. Additionally, COCOBOD issued a directive prohibiting Licensed Buying Companies (LBCs) from purchasing cocoa beans on credit, warning that repeat offenders could face license revocation. To stabilize the sector, a new financing model is expected for the 2026/27 crop season to ensure liquidity and timely payments to farmers.

Entities

Ghana Cocoa Board · New Patriotic Party · Ghana National Cocoa Farmers Association · Dr. Randy Abbey · Parliament of Ghana

Timeline

  1. 29 days ago

    [BUSINESS] 3 sources
    Ghana Cocoa Board warns against credit purchases and clarifies new bill

    Ghana's COCOBOD has warned Licensed Buying Companies against purchasing cocoa on credit and clarified that the proposed Cocoa Board Bill 2026 aims to protect farms from destruction rather than restrict intercrp

  2. about 1 month ago

    [BUSINESS] 7 sources
    Ghana Cocoa Board Bill sparks debate over farmer welfare and legislative process

    Ghana's new Cocoa Board Bill faces opposition from the NPP and concerns over permit abuse, while COCOBOD and parliamentary supporters defend it as a necessary reform for farmer welfare.

Sources

adomonline.com · asaaseradio.com · capitalnewsonline.com · ecofinagency.com · ghanaguardian.com · ghanamma.com · myjoyonline.com · theghanareport.com · thevaultznews.com