The Ghana Cocoa Board (COCOBOD) is expected to meet the Chamber of Cocoa Marketers Ghana next week to discuss concerns over an outstanding debt of GH¢4 billion owed to the Chamber’s members.
The Chamber has warned that the unpaid debt could affect members’ ability to secure fresh financing to purchase cocoa from farmers when the new cocoa season begins.
COCOBOD, however, says it is taking steps to address the concerns ahead of the season’s opening.
Speaking to Citi News, COCOBOD’s Head of Public Affairs, Jerome Sam, said the Chamber had contacted the Board’s Chief Executive to request a meeting.
He explained that although the Chief Executive had not yet confirmed a date because of his busy schedule, the meeting was expected to take place next week.
“Because of his busy schedule, which is known to them, he hasn’t fixed the meeting, but he was looking at next week where we will iron out all these issues even before the opening of this season,” Mr Sam said.
He added that the meeting would give COCOBOD an opportunity to respond to the Chamber’s concerns and provide assurances.
“That will be the appropriate forum for these discussions to be made. That is where proper responses and assurances will come,” he said.
The discussions are expected to focus on the outstanding debt and the concerns it raises for cocoa marketers as preparations begin for the new season.
