President John Mahama has revealed plans for his government to introduce new incentives aimed at helping businesses create more jobs in the country.
This initiative is part of broader efforts to empower the private sector and reduce unemployment in Ghana.
Speaking on behalf of President Mahama at the First Sky Group Thanksgiving Service, Chief of Staff Julius Debrah shared that the government is working to engage the private sector to support its operations.
Debrah outlined that as part of the “resetting agenda,” the government will hold consultations with businesses across various sectors, offering certain concessions to facilitate their growth and job creation.
“As part of the resetting agenda, we will hold various consultations with businesses across the sector. We will allow various private sector businesses with certain concessions to enable their work to flourish and create jobs for people,” he said.
In a related development, the First Sky Group announced plans to construct a 200 Megawatt renewable power plant in the northern regions of Ghana within the next two years. Executive Chairman of the Group, Eric Kutortse, confirmed that the initiative would complement an ongoing power plant project designed to support Ghana’s energy sector.
“The First Sky Group has taken a bold step to raise the needed funds to undertake the construction of a solar PV in Yendi. This collaboration with the Bui Power Authority is 65 percent complete, and we intend to complete it by the second quarter of 2025,” he assured.
About First Sky Group
The First Sky Group is a diversified, wholly Ghanaian-owned holding entity with subsidiaries in hospitality, construction, insurance, banking, commodities trading, and bitumen processing. With a combined workforce of over 3,800 employees across the country, the group’s subsidiaries include First Sky Construction Limited, First Sky Commodities Limited, First Sky Bitumen Processing Limited, Volta Serene Hotel, Serene Insurance Company Limited, Frerol Rural Bank, and First Sky Energies Limited.
The group’s first company, First Sky Construction Limited, was established in 2002 with a workforce of just three. Today, the company employs over 1,200 permanent staff and an additional 1,700 casual workers.
The other subsidiaries, including First Sky Commodities and Volta Serene Hotel, began operations in 2015, followed by Serene Insurance and First Sky Bitumen Processing in 2018. Frerol Rural Bank was established in Kpando in the Volta Region, with an additional branch opening in Ho in 2021.
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