The country’s biggest licensed cocoa buying firm, Produce Buying Company is gearing up to raise more capital from the stock market. Officials say the increasing cost of operations is putting a strain on working capital with very little or nothing at all left for developmental projects. Managing Director Kojo Atta-Krah tells Joy Business the proposal will be put before shareholders at the upcoming Annual General Meeting. He explained shareholders equity will save the company the high interest rates they have to pay on loans contracted from the commercial banks. While not stating exactly how much the company will be seeking to raise, he said the fact that they applied about GHC700 million last year gives an indication of the amount of money that will be required. Source: Joy Business/Ghana