Keda Ghana Limited, producers of Twyford Ceramic Tiles in Ghana has been adjudged the Company of the Year in the Western Region at the third edition of the Western Regional Business Awards ceremony held in Takoradi.
Other companies who emerged as winners include Lower Pra Rural Bank PLC at Shama (Rural Bank of the Year), Galaxy Poly Product Ltd (Indigenous Company of the Year), Gibson Safety Consult Ltd (Excellence in Safety and Inspection Company of the Year), Franko Phones Trading Enterprise (Excellence in Innovation and Technology) and TACOTEL Ghana (Corporate Social Responsibility Company of the Year).
The rests are Best Western Plus Atlantic Hotel (Excellence in Hospitality of the Year), ASEDA Foundation (Outstanding NGO of the Year) and ABSA Bank (Bank of the Year and Customer Service).
The Outstanding Young CEO of the Year award and Excellence in Car Rentals of the Year award was grabbed by Mr Francis Attuahene of the Attuahene Group of Companies while the Entrepreneur of the Year award was given to Mr Justice Acquah of JUSTMAX Travels with the CEO of the Year award going to Dr Dominic Eduah of the GNPC Foundation.
Keda Ghana Limited located in Aboadze in the Shama District is one of the five (5) companies in operation under the One District One Factory (1D1F) initiative doing well in the Western Region
The company uses locally available raw materials such as clay, as the major input in the manufacture of ceramic products.
In 2019, despite the COVID-19 pandemic, Keda was able to export 7,156,800 meter square of ceramics amounting to USD22.9 Million, which increased to 10,540,800 meter square in 2020 and raked in USD34.8 Million. The projection for 2021 export was expected to hit 12,355,200 metric square with USD39.5 Million as foreign exchange generation.
The total investment in the projects is estimated at USD 150 million and the Government has provided exemption in the area of equipment, machinery and construction materials among others to enhance the operations of the company.
The company has so far provided employment estimated at more than two thousand (2,000), directly and indirectly for both the first phase and second phase. This figure is expected to increase to more than five thousand (5,000) this year.
President Nana Addo Dankwa Akufo-Addo in his recent visit commissioned the third phase and at the same time cut the sod for the commencement of the 4th phase of the project.
He was very enthused about the fast progress and expansion of the company and said that the expertise of Keda Ceramics and the reputation for its best qualities had positioned the company to be competitive not only in Ghana but the whole of West Africa.
The President commended the promoters for having confidence in the Government and the Ghanaian economy and assured them of Government’s continuous support to expand operations and take advantage of the African Continental Free Trade Agreement.