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Producer price of cocoa jumps from $3,100 to $5,040 per tonne – Finance Minister

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• Minority Leader Dr Cassiel Ato

The Government has announced a significant increase in the producer price of cocoa ahead of the 2025/2026 crop season, which opens on Thursday, August 7, 2025.

According to the Minister for Finance, Mr. Cassiel Ato Forson, the new price has been reviewed upwards from US$3,100 per tonne to US$5,040 per tonne.

He stated that it represents a 62.58% increase in dollar terms and aligns with President John Dramani Mahama’s commitment to pay cocoa farmers 70% of the gross Free-On-Board (FOB) value of cocoa.

Mr. Forson, who chairs the Producer Price Review Committee (PPRC), said the decision followed a committee meeting to review pricing for the upcoming season.

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He explained that the $5,040 per tonne figure represents exactly 70% of the gross FOB value of US$7,200 per tonne, an improvement over the previous government’s 63.9% payment to farmers under the 2024/25 season.

He noted that the FOB value was calculated using about 100,000 tonnes of cocoa sold at US$2,600 per tonne in the 2023/2024 crop year, coupled with price forecasts for the 2025/2026 season.

He added that at an average exchange rate of GHS10.25 to the US dollar, the increase also affects the Ghana cedi equivalent of cocoa prices.

Mr Forson indicated that farmers will now receive GHS51,660 per tonne, up from GHS49,600. This translates to GHS3,228.75 per bag of 64-kilogram gross weight.

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The new pricing regime takes effect from Thursday, August 7, 2025.

By: Jacob. Aggrey

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Attorney-General to introduce new bill to regulate discipline of lawyers

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The Attorney-General and Minister for Justice, Dr. Dominic Ayine, has announced plans to introduce a new Bill to strengthen the legal framework for the discipline of lawyers in Ghana.

In an address read on his behalf by the Deputy Attorney-General at the opening of the 2026 Conference of the Ghana Bar Association, Dr. Ayine disclosed that the Bill is headed to Cabinet for review and approval before being laid before Parliament.

The proposed law, to be called the Legal Profession (Practitioners Standards Board) Bill, is expected to transform and strengthen the regulatory framework for disciplining lawyers to safeguard the rights of practitioners and promote public confidence in the profession.

According to the Attorney-General, when passed, the Bill will establish an independent Disciplinary Committee with clear rules of procedure and proposals on proportionate sanctions.

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He explained that this marks a progressive departure from the existing framework where the Disciplinary Committee both investigates and adjudicates complaints. The Bill also proposes clear and strict procedural timelines for resolving grievances to avert prolonged deliberations that frustrate both clients and lawyers.

Secondly, Dr. Ayine noted that under the current framework, Superior Court judges sit on the Disciplinary Committee whose decisions, as quasi-judicial decisions, are subject to reviews and appeals in the same courts where these judges preside.

The new Bill seeks to eliminate this conflict of interest by creating a separately constituted Board composed of lay non-lawyers and professional representatives with guaranteed tenure.

The Attorney-General added that the Bill seeks to separate professional discipline from executive, judicial or competitive interference to ensure that disciplinary mechanisms are not weaponized against lawyers by clients, the Bench, or the State.

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The introduction of the new law forms part of efforts by the Attorney-General to introduce reforms into the legal profession aimed at revolutionizing legal practice and training. It follows the passage of the Legal Education Act, 2026, which is currently at the implementation stage.

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Gov’t did not approve market near school — Stan Dogbe clears air on Ahafo Ano South market siting

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Deputy Chief of Staff, Stan Xoese Dogbe has reacted to a viral video raising concerns about the siting of a market close to a school in the Ahafo Ano South District of the Ashanti Region.

In a post responding to the video, Mr. Dogbe said he has been in contact with the Ashanti Regional Minister, Dr. Frank Amoakohene, who he said is on top of the situation and has long since halted the construction process.

According to him, the decision to designate the said land near the school for the market was not a government decision.

“Once the development was brought to the RCC’s attention, the regional minister immediately asked that the process be stopped,” he stated.

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Mr. Dogbe explained that the community currently has no available land space for the construction of the model market, which necessitated their choice of the location near the school.

He noted however that the community has been asked to find another, more suitable piece of land for the project to commence.

“We thank all for the interest in developmental issues in our communities,” he added.

By Edem Mensah-Tsotorme

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