My most difficult month as an entrepreneur – Dr Nduom

Dr Papa Kwesi Nduom

The founder of Groupe Nduom, Dr Papa Kwesi Nduom has described the fire that destroyed a portion of his property located on the premises of the Coconut Grove regency Hotel in Accra as his most difficult challenge as an entrepreneur.

The blaze which occurred late Saturday destroyed the studios of Amansan Television (A TV), BTA, parts of the GN Bank and the Gold Coast Fund Management but Nduom in a post on Facebook on Monday morning said all the companies have resumed operations.

It is the second major disaster to hit Dr Nduom’s businesses this month after the roofing at the Papa Kwesi Nduom Stadium was ripped-off following a heavy storm in the capital city of the Central region, Cape Coast.

Wreckage of the Nduom Stadium

The Papa Kwesi Nduom Stadium is the home venue of Elmina Sharks, a Ghana Premier League side owned by Dr Nduom’s Groupe Nduom (GN) conglomerate.

Dr Nduom also took a swipe at the Ghana National Fire Service, calling for reforms to state institutions and their attitude to working with urgency when confronted with problems.

He also expressed gratitude to God, his amazing team of management and staff as well as all well-wishers.

Dr Nduom, a business consultant and leader of the Progressive People’s Party (PPP) recently told Forbes Africa Magazine that he lost $2 million in a day.

The Corporate Affairs Manager of Groupe Nduom, Richmond Keelson says an audit of the wreckage is yet to be completed to ascertain the financial losses resulting from the blaze.

Aftermath of the Coconut Grove blaze

Source: GraphicOnline