President John Mahama has revealed that his government plans to offer new incentives for businesses to help them create more jobs in the country.
The move is part of efforts to empower the private sector lead in efforts to reduce unemployment in the country.
Speaking on behalf of President John Mahama at the First Sky Group Thanksgiving Service, Chief of Staff Julius Debrah disclosed that, President Mahama is working to engage the private sector to support the government’s operations.
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 flourish and create jobs for people," he said.
Meanwhile, the First Sky Group says it is set to construct a 200 Megawatts of Renewable Power in the regions in the north within the next two years.
Executive Chairman of the Group Eric Kutortse said, the initiative will be an addition to a power plant the group is currently working on 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 is a collaboration between First Sky and the Bui Power Authority. The project 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 unique and diverse wholly owned Ghanaian holding entity comprising subsidiaries with interests in hospitality, construction, insurance, banking, commodities trading and bitumen processing with a combined workforce of more than Three Thousand Eight Hundred (3,800) employees stationed at various sites, offices and locations across the length and breadth of the country.
The subsidiaries are First Sky Construction Limited, a first class road construction and civil engineering firm, First Sky Commodities Limited, a Licensed Buying Cocoa company, First Sky Bitumen Processing Limited, Volta Serene Hotel, a 4 Star Luxury hotel, Serene Insurance Company Limited, a general insurance firm and Frerol Rural Bank, a thriving rural banking institution in the Kpando and Ho districts of the Volta Region and First Sky Energies Limited, a strong player in the oil and gas and energy sector.
The first company established under the Group is First Sky Construction Limited in 2002 and commenced operations with a workforce of three (3) personnel. Today, the Construction Company boasts of a staff strength of over one thousand and two hundred (1,200) permanent managerial, administrative and technical staff, as well as one thousand and seven hundred (1,700) casual staff.
The other subsidiaries subsequently established are First Sky Commodities and Volta Serene which began operations in 2015.
This was followed by Serene Insurance and First Sky Bitumen Processing Limited in 2018. Frerol Rural Bank was also established in Kpando in the Volta Region and subsequently another branch was opened in Ho in 2021.
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