Review policy banning indigenous businesses from buying cocoa from farmers, says Preba Arkaah

Preba Arkaah is Founder of Premium Chocolate, Mansa Gold is advocating for an immediate review of policies that bans them from buying cocoa beans from farmers across the country

She argues that the laws in its current state makes it difficult to attract indigenous entrepreneurs into cocoa processing ventures such as chocolate thereby affecting investment into the sector.

Speaking to Nana Yaa Mensah on the Asaase Breakfast Show on Wednesday on Entrepreneurship and Cocoa as part of Cocoa Chocolate Affair Month, Preba said the law is inimical to local investors who want to invest in manufacturing of cocoa products such as chocolate.

“The law actually says that nobody can buy directly from the farmer, now you and I know that if you are going to do something, you must experiment, if you are not growing the item yourself the only way you can experiment is if you can acquire that item and if you are not allowed to acquire that item, “ She said.

Preba added “it is the only reason we don of have indigenous chocolate industry in this country is because we have legislated against it, If we want to make real change and grow the industry, we must address this part of legislation “

She is also unhappy by attempt by the Cocobod to regulate the activities of players in the cocoa processing sector.  

“We are also facing an attempt to legislate us from Cocobod because I understand and everyone understands that cocoa is a major source of revenue for Ghana, we accept and understand that, but there is no reason why we should not have this source of revenue and at the same time extrapolated out and gain additional revenue from growing a new industry.” the Mansa Gold Founder said.

Preba is hopeful if the policy is reviewed it will help more local entrepreneurs venture into cocoa processing thereby creating more jobs.

“We will be creating jobs locally, at present when we talk about encouraging processes, most of the processors we have are the big companies, you can see they have set up a huge operation here in Ghana because they make an awful lot of money.”

Fred Dzakpata

Gh Extractives

Ghextractives.com is an independent multimedia portal that seeks to provide credible information and news content to readers especially players in the extractive sector in Ghana, Africa and beyond. It also provides a unique platform for players in the energy sector to market their products and reach a wider audience

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