• About
  • Advertise
  • Privacy & Policy
  • Contact
Newstitbits
Advertisement
  • HOME
  • NEWS
    Rawlings family commiserate with the Gbehos

    Rawlings family commiserate with the Gbehos

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Sylvester Boakye missed updated evacuation notices

    Ablakwa salutes Benjamin Quashie for outstanding support to Ghanaians in South Africa

    Nana Konadu Agyeman-Rawlings passes away

    Future full of determination and upliftment of women – DWM upbeat as it turns 44

    Professor Dr. Grace Ayensu-Danquah

    Deputy Health Minister Ayensu-Danquah appointed to AU Secretariat on global health

    Rawlings family console General Nunoo-Mensah

    Rawlings family console General Nunoo-Mensah

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH
No Result
View All Result
  • HOME
  • NEWS
    Rawlings family commiserate with the Gbehos

    Rawlings family commiserate with the Gbehos

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister

    Sylvester Boakye missed updated evacuation notices

    Ablakwa salutes Benjamin Quashie for outstanding support to Ghanaians in South Africa

    Nana Konadu Agyeman-Rawlings passes away

    Future full of determination and upliftment of women – DWM upbeat as it turns 44

    Professor Dr. Grace Ayensu-Danquah

    Deputy Health Minister Ayensu-Danquah appointed to AU Secretariat on global health

    Rawlings family console General Nunoo-Mensah

    Rawlings family console General Nunoo-Mensah

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH
No Result
View All Result
Newstitbits
No Result
View All Result

Joshua Kwabena Siaw; Ghanaian industrialist

June 9, 2020
Reading Time: 4 mins read

Joshua Kwabena Siaw Popularly known as J. K. Siaw was a Ghanaian industrialist and philanthropist, who in 1969 established Tata Brewery Ltd, later known as Achimota Brewery Company (ABC) and now known as Guinness Ghana Breweries.

J. K. Siaw is notable for opening the largest wholly African-owned brewery company in West Africa in 1973.

He was born on January 1923 in Obomeng near Juaben in the Sekyere District of the Ashanti Region. He was then named after Chief who went by the nick-name “Gyato” because of his wealth. Some of Siaw’s associates called him by this nick-name as well.

His father came from Akwaseho and his mother from Juaben in the Ashanti Region. J. K. Siaw worked with his father on a cocoa farm before attending school at the age of 12 in 1935, and he took to basket-making as a way to make more money to further his own education.

In 1942 aged 19, Joshua Kwabena Siaw became a teacher of Standard One class in Akwaseho. After a couple of months, he went to work at the Orthodox Mission School and then to the Bremang Gold Dredging Company near Bogoso, in Ghana’s Western Region. After just one month, he went to Effiduase Banko to work again as a teacher from June 1943 to March 1945.

Siaw then went to work at the New Juaben Grammar School but left after a year because the headmaster, Mr. Sarkodea, was mismanaging the school. Siaw established Christ College in 1946 with his father, before apprenticing with a pharmacist for a year. Christ College evolved into Ghana Secondary School in Effiduase by 1976.

J. K. Siaw then decided to go into business and borrowed £50 to start up as a cocoa broker. He made £600 in four months as profit. In April 1950 he became a siding clerk at Kwahu Praso, transporting cocoa to Accra, which is Ghana’s capital. He repaid the £200 security charge for the clerking employment with interest in six months and was bound for a further six months, by contract but he decided to stay for only four. In 1953 he worked as a siding clerk, this time for the Cocoa Purchasing Company, which paid £6 a month. He became a cocoa and timber transporter in 1954.

As an Entrepreneur, Joshua Kwabena Siaw in 1957, began selling enamelware until the Government of Ghana under Kwame Nkrumah banned the importation of those goods.

In 1964, Siaw’s first request to the government to be granted permission to set up a brewery was rejected. He applied again in 1967 and that application too was rejected on the grounds that licences had been given to Ashanti and Takoradi breweries. Despite being offered an investment of 400,000 cedis from Siaw, Takoradi brewery could not happen. On his third attempt to the government to set up a brewery, it became successful and in 26 July 1969 it was approved.

The approval was given to “Tata Trading Company” to establish a brewery in Cape Coast in the Central Region of Ghana. Tata Brewery Ltd was commissioned on 30 January 1973 during Siaw’s 50th birthday. It was officially opened by the then Head of State Colonel Ignatius Kutu Acheampong.

As a Philanthropist, J. K. Siaw made a clinic , a subsidised canteen and free transport to work for the workers and their families. Vaccinations were also provided free of charge to them. Siaw sought to build housing for the workers not too far from the site.

He also presented to the Korle-Bu Teaching Hospital an electro-cardiograph, a piece of equipment the hospital was deficient of.

Siaw also donated towards the construction of a hospital in Akwaseho in 1975 and begun the building of a road from Akwaseho to Obomeng.

In 1979 all his assets were confiscated by the AFRC regime of Ghana under alleged allegations of tax evasion. He had sent numerous petitions to the military government PNDC and had applied for safe entry to be allowed back into Ghana without risk of arrest.

Joshua Kwabena Siaw died in London, in exile, in October 1986. His body was flown back to Ghana in December that year. He did not receive his assets back and was considered a criminal by the state, despite the allegations being baseless.

Guinness Ghana Breweries PLC is the leading total beverage business in Ghana.

Source: Ghanaian Museum

Previous Post

C/R: NPP suspends two constituency secretaries over fraud

Next Post

Rawlings urges alertness on COVID-19

Related Posts

No Content Available
Next Post

Rawlings urges alertness on COVID-19

Our World, Its Eras And COVID-19 [Part 3]

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Africans must go …. But to where?
  • Honouring Rawlings: NDC headquarters to be named after Rawlings on his birthday
  • Rawlings family commiserate with the Gbehos
  • Fans in the US Shift from Celebration to Expectation as Ghana v. Panama Draws Near
  • Dr. Donkor named recipient of prestigious Distinguished African Development Finance Leadership Award
  • KGL’s “big payments” are the price of state-backed monopoly, not heroism
  • Govt activates surveillance, isolation systems to counter Ebola threat – Deputy Health Minister
  • Ablakwa salutes Benjamin Quashie for outstanding support to Ghanaians in South Africa
4
who would your most humble servant be?

At a time when power is flaunted more than it is earned, we rise with a different call: #TumiNniSuban—Power without character is nothing. We are done with leaders who wear authority like a costume but lack the soul to serve. Leadership must reflect the people’s dignity, not diminish it. So we ask If elections were held today, who would your most humble servant be?

Popular Stories

  • Haruna Iddrissu has been replaced as the Minority Leader

    NDC changes leadership in Parliament: Haruna Iddrisu, Muntaka et al dropped

    0 shares
    Share 0 Tweet 0
  • Grace Afadu honoured as Inspiring Woman of the Year

    0 shares
    Share 0 Tweet 0
  • Vietnamese tycoon loses death row appeal over world’s biggest bank fraud

    0 shares
    Share 0 Tweet 0
  • Accountant jailed two years for stealing Ghana Police Church money to bet

    0 shares
    Share 0 Tweet 0
  • The worst fashion disasters in fiction

    0 shares
    Share 0 Tweet 0

ABOUT US

Newstitbits.com is a 21st Century journalism providing the needed independent, credible, fair and reliable alternative in comprehensive news delivering that promotes knowledge, political stability and economic prosperity.

Contact us: [email protected]

@2023 – Newstitbits.com. All Rights Reserved.

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • NEWS
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH

@2024 - Newstitbits.com. All Rights Reserved.