The Chief Executive Officer of Dalex Finance, Joe Jackson, has called for a national dialogue on the future of Ghana's cocoa sector.

According to him, the primary role and establishment of COCOBOD is to provide foreign exchange for the country and ensure that cocoa remains under Ghanaian ownership.

Here are 10 key reforms to revive Ghana's cocoa industry

He noted that cocoa revenues have historically played a key role in supporting the value of the cedi and stabilising the broader economy.

Speaking on Ghana's cocoa sector reforms on TV3’s Key Points on February 14, 2026, Jackson warned that the reforms must not undermine local ownership and control.

He cautioned that weakening COCOBOD’s control could risk transferring greater influence to foreign interests.

"The truth of the matter is that Cocoa Board was set up to provide forex to the country and to ensure ownership of cocoa to Ghana. That rule has always been there, and that's why each year the funds that come from Cocoa Board determine what the value of the cedi is. Now, if we give that up, the danger here is that it's going to go to the foreigners," he said.

Jackson further highlighted the need to directly confront structural issues within the sector, citing significant financial losses at COCOBOD.

"Why should Cocoa Board employ 2,000 more people? Why should Cocoa Board be making the losses? Why is Cocoa Board not publishing its accounts? And we made these issues over and over again. Nobody listened. Unfortunately, at this moment, we are caught between a rock and a hard place," he added.

COCOBOD has been so badly managed that it can’t continue like this. COCOBOD has destroyed value over time. – Joe Jackson, CEO of Dalex Finance#TheKeyPoints #TV3GH pic.twitter.com/viOa509VIt

— #TV3GH (@tv3_ghana) February 14, 2026