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. Management cites plans to improve the haulage system which it says is a potentially attractive revenue source, but which cannot be exploited due to lack of funds. Managing Director Kojo Atta-Krah told Joy Business the proposal will be put before shareholders at the upcoming Annual General Meeting. He explained that shareholders equity will save the company the high interest rates they have to pay on loans contracted from the commercial banks. The AGM is scheduled for the 25th of March. Source: Joy Business/Ghana