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Producer price of cocoa jumps from $3,100 to $5,040 per tonne – Finance Minister
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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.
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.
The new pricing regime takes effect from Thursday, August 7, 2025.
By: Jacob. Aggrey
The Ghana Police Service, through the Motor Traffic and Transport Department (MTTD), will commence full implementation of its automated traffic law enforcement programme, TRAFFITECH-GH, from October 1, 2026.
According to the Service, the programme forms part of efforts to address indiscipline on Ghana’s roads and improve compliance with road traffic laws and regulations.
TRAFFITECH-GH will use cameras and Personal Data Assistant (PDA) devices to detect traffic offences and support the enforcement of road traffic regulations.
Under the programme, detected offences will be reviewed and Electronic Notices of Violation (ENV) issued to vehicle owners or drivers through SMS. The notice will indicate the offence committed and the prescribed fine.
The Service has therefore urged all motorists, drivers and vehicle owners to comply with road traffic regulations and support the implementation of TRAFFITECH-GH to promote safer roads and reduce road traffic crashes and casualties.
By Edem Mensah-Tsotorme
Entrepreneur, Henry Brew Gardner has officially declared his intention to contest for the position of Agona West Constituency Youth Organizer of the National Democratic Congress (NDC) in the upcoming constituency elections.
In a declaration statement, Mr. Gardner said he is stepping forward with humility, courage and commitment to the progress of the constituency.
“I am stepping forward because Agona West deserves a Youth Wing that is active, united, organized, visible, disciplined, and ready to work,” he stated.
According to him, his decision to serve the NDC in Agona West is not for personal glory but a call to service, to unite the youth, strengthen the grassroots and build a formidable youth front capable of winning elections.
“Our youth are not merely the future — we are the energy, strength, voice, and engine of our party today. We must therefore create a youth wing where every young person feels valued, heard, represented, and empowered to contribute,” he added.
Mr. Gardner said he believes in leadership that listens, engages, builds bridges and puts collective interest above personal ambition.
He outlined his vision to organize the grassroots, mobilize the youth, strengthen structures, promote unity, identify opportunities, support young people and build a stronger political force in every branch and ward of Agona West.
“I am not coming to divide. I am coming to unite. I am not coming to compete with our youth. I am coming to work with them. I am not coming for a title. I am coming to serve,” he declared.
He called for prayers, support and guidance, rallying the youth with the message: “Agona West Youth, Our Time Is Now!”
By Edem Mensah-Tsotorme
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