Audio By Carbonatix
Renowned business executive, Dr. Kofi Koduah Sarpong has criticised the Ghana Cocoa Board (COCOBOD) for deviating from its core mandate.
For him, the institution should not be engaged in road construction.
He said this while speaking on behalf of the Structural and Policy Reform Committee at the National Economic Dialogue on Tuesday, March 4.
Dr. Sarpong highlighted inefficiencies within state institutions, drawing parallels between COCOBOD and the Electricity Company of Ghana (ECG).
“COCOBOD is also not focused on its core business and has inefficient procurement practices just like ECG. To the government, we suggest the following. We should have a holistic and coordinated plan to stop galamsey and improve cocoa and food production as well. This is a major issue for the government to deal with.
He raised concerns about procurement practices and operational inefficiencies affecting both entities.
Addressing COCOBOD specifically, he emphasized that the organization should focus exclusively on cocoa trading rather than diverting resources into road infrastructure projects.
“COCOBOD should focus on its core business of buying and selling cocoa. In effect, it has no business in doing roads. We think that it must stop. The Department of Feeder Roads is there, and arrangements can be made for them to look at Cocoa Roads.
Latest Stories
-
Five takeaways from the King’s historic address to Congress
2 minutes -
Let’s join ‘National Streetism Awareness’ to raise awareness about plight of street children – Salome Atiglah
2 minutes -
Prada launches Indian-made sandals after cultural appropriation backlash
2 minutes -
Outrage after Indian man carries his sister’s skeleton to a bank to prove her death
5 minutes -
GOIL launches 2026 HSSEQ Week with Focus on Psychosocial Well-being
16 minutes -
NPRA’s digital revolution: How technology is reshaping Ghana’s pension sector
24 minutes -
CID clears Sesi-Edem, Council of State member in $14.3m gold deal probe
25 minutes -
Credit to corporate institutions tighten in first two months of 2026
36 minutes -
Two dead after small plane crashes into Australia airport hangar
36 minutes -
Banks wrote-off GH¢394.8m as bad debt in February 2026
41 minutes -
‘Dumsor running in shifts, not 24-hour economy’ — NPP’s Dr Ekua Amoakoh slams gov’t over power outages
45 minutes -
AIPS Awards 2025: JoySports’ Mubarak Haruna takes second and fifth spots in continental ranking
45 minutes -
Green finance: Legal foundations, global realities, and Ghana’s regulatory pathway
47 minutes -
Gov’t clears $29m Suame road debt, boosts project with GH₵3bn funding
50 minutes -
Why Ghana turned down a $109 million health aid from the Trump administration
51 minutes