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Business News of Wednesday, 29 January 2014

Source: Makafui Gbedemah

Multi-National Group of Companies to Share Success

Ghanaian Multi-National Group of Companies to Share Success with Community



One of the most successful and long-lasting business families has pledged to share its successes with the communities it operates in, employees and other stakeholders. Groupe Nduom a multi-national company of Ghanaian origin has held its annual strategy meeting recently to confirm goals and objectives for 2014.



The meeting held over a three-day period, was also used to reward deserving units and employees for exceptional work done in the year 2013. A total of 185 management personnel participated from 17 companies. Groupe Nduom companies include recognizable brands such as Coconut Grove Hotels, First National, Spyder Lee Entertainment, Ahomka FM and Gold Coast Fund Management. The companies include new ones such as FreshPaK and GN Quarry & Concrete Products.



Groupe Nduom is into real estate, hotel management, banking, media, fund management, technology, production of food packaging materials and investment banking. In 2014, the lines of business will be expanded to include quarry and concrete products and will also pursue opportunities in the pension fund management. The companies can be found in Ghana, Liberia and the USA with plans this year to begin operations in Sierra Leone, Togo, Zimbabwe and Cote d”Ivoire.



The meeting was held under the theme:



“we serve our customers with enthusiasm, innovation and discipline”

and for the company, we serve with loyalty”



As has become customary for Groupe Nduom, bible quotations were used to draw inspiration and serve as guideposts:



2 Timothy 1:7. “For the Spirit God gave us does not make us timid, but gives us power, love and self-discipline”; and

Jeremiah 29:11. “For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future.”



The strategy meeting was opened by the Senior Vice-President of Groupe Nduom, Mrs. Yvonne Nduom who reminded management of the need to earn and maintain a reputation of high ethics and integrity; make sound business investments; and take a long-term view of success.



She confirmed the resolve of the company to share success with employees, community, and shareholders. On behalf of Groupe Nduom directors and management, she led the company to give thanks to God, the Almighty for His protection, forbearance and supreme leadership; health and opportunities granted by His Grace.



Mrs. Nduom announced the creation of an Nduom Foundation that will give priority to providing scholarships to students from the Junior High School level through university or polytechnic level in addition to providing dormitories, classrooms and libraries for selected schools in the country. Groupe Nduom also aims to become a “best employer” through plans such as giving regular training to all employees and starting a programme to build housing units for employees.



While the group of companies recognized the difficult business environment and high cost of operations, management resolved to find innovative solutions to strengthen the ability to compete and serve customers with excellence. It is the hope of the Groupe Nduom to serve a minimum of one million customers in 2014. Groupe Nduom will meet all obligations to regulators of its businesses at home and abroad including tax payment.



Makafui Gbedemah

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