Editor's PicksFrom Kalmoni and Sons to Japan Motors, This is...

From Kalmoni and Sons to Japan Motors, This is how the Kalmoni Family has Built a Business Empire in Ghana

-

- Advertisment -

In 1912, prior to the First World War, the grandfather of the current Managing Director of Japan Motors Ghana, Salem Kalmoni, arrived in Ghana from Lebanon to start some trading activities. His company, Kalmoni & Sons, soon branched into truck-boards, and in 1958 he imported the first Japanese car; a Datsun, a brand name which was later changed into the world-famous Nissan.

Kalmoni & Sons was renamed Japan Motors in 1965. Today it has five branches across Ghana and employs over 330 people.

The heirs to the Kalmoni fortune Jalal Kalmoni, Salem Kalmoni, and cousin, Nouhad Kalmoni work in the car industry, leading Japan Motors and Silver Star Auto. The other Kalmoni brother, Salah Kweku Kalmoni, is in charge of the family’s real estate companies, which include Advance Constructions, Lakeside Estates and Silver Star Tower.

- Advertisement -

The Kalmoni’s obtained their fortune from their automobile company, Japan Motors which has seven companies in its stable; Silver Star Auto Limited, Modern Automobile Services (MAS, formerly Enyidado Industries Limited), Oman Fofor Trading Company Limited, Advance Construction & Development Limited, Lakeside Estate/Agri-Cattle Limited, Silver Star Tower Limited and  Star Property Management Limited.

Japan Motors is the sole dealer of NISSAN in Ghana, with a market share of 26% of new vehicle sales in Ghana, also, they are the sole distributor of YAMAHA Motor which controls 80% of the motorbike market in Ghana.

The Kalmoni’s Modern Automobile Services deals in a wide range of vehicles from Korea and China and is a main distributor of TATA vehicles with an on-road presence of 7,000 vehicles in Ghana and West Africa. Modern Auto Services also hold the franchise for SsangYong, Lifan and Foton heavy duty vehicles in Ghana.

- Advertisement -

Oman Fofor Trading Company Ltd is also the sole authorized distributor of Canon Products. It is the largest retailer of photocopy machines in Ghana.

Advance Construction is a construction company which operates a block factory and is located at Lakeside Estate.

The Land where Lakeside Estate is sited on was acquired in 1974 for raising livestock and growing crops. The drought between 1982 and 1984, coupled with the fact that other private estate developers and potential house owners began to show covetous interest in the land, made it apparent that Agri-Cattle land could no longer be used for cattle. Therefore in, Agri-Cattle, which was originally acquired for agricultural purpose was, with the consent and concurrence of the lesser, planned for estate development. And precisely for that reason, it became apparent that the original name, ‘AgriCattle’, which evoked a rather rustic, farmhouse image, was not a suitable label for the homes that would be built.  Lakeside Real Estate Company has built over 700 houses between 2001 to 2011 for the middle and upper class in Ghana.

The Stimulus for Productivity, Silver Star Tower was the first multipurpose office complex with 2 banking halls to be completed and commissioned in the Airport City enclosure. Silver Star Tower is the manager of the Silver Star Tower building in Accra. Star Property Management; a division of Silver Star Tower also owns properties in exclusive neighborhoods in Accra. These include the Exams Tower Residence in North Ridge and the Duplex Villas at the Airport West Residential Area in Accra.

- Advertisement -

Silver Star Auto Limited was established and opened in 1997 and holds the distributorship and franchise for Mercedes-Benz passenger cars and commercial vehicles. It is the largest dealer in the sale and service of Mercedes-Benz vehicles in Ghana, as well as the sale of spare parts in its capacity as General Distributor of Mercedes-Benz.

In 1976, the Yama Motor Company Limited – Yamaha was established for sales and after sales service of Yamaha Outboard and Marine Engines.

In 1990 Oman Fofor Trading Company Limited was established for Canon office equipment and Acer computers. It has acquired the agencies for Microsoft, American Power Conversion (APC) and Symantec.

NISSAN was the N0. 1 vehicle brand in Ghana in 2012 with a market share of 26% of new vehicle sales according to the Ghana Automobile Distributers Association. They have consistently been in the top three position, over the last thirty years.

Apart from pick-up trucks, Sports Utility vehicles (SUVs), commercial vehicles, buses, saloon cars, they also distribute YAMAHA motorcycles, engines, water pumps and generators.

Japan Motors has award-winning workshop facilities, and genuine parts and accessories in all their branches

They have full service branches including workshops and showrooms at strategic locations in Accra, Tema, Tamale, Kumasi and Takoradi.

 

Credit:

Source 1

SOURCE 2

Get Your News on Wundef.com

Send us your business and entrepreneurship stories/news and articles to admin@wundef.com or through whatsapp, +233247516850.

Subscribe to our Youtube Channel, Like our Facebook Page

And also follow us on Twitter

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Entrepreneur Launches Platform for Industry Leading Freelancing Services

Meet Rasool Muttalib, the founder of a fast-rising online freelance job portal called Belancing.com that is redefining the U.S....

Novae Named One of Inc. Magazine’s Fastest Growing Companies in America

It’s been a big year for Novae, LLC, the first Black-owned FinTech company to offer 'Buy Now Pay Later'...

Meet the Former Housekeeper Who is Now the Owner of a 5-Star Luxury Hotel

Meet Souadou Niang, a serial entrepreneur and the owner of Palms Luxury Boutique Hotel in Dakar, Senegal, who used...

Time for urgent action and funds to make water central to African climate policies.

Climate change threatens critical water supplies for Africa’s most vulnerable people. This is the central theme WaterAid regional programmes in...
- Advertisement -spot_imgspot_img

African Elected Officials Review African Sanitation Guidelines

In a worrying resurgence of cholera coupled with COVID-19 pandemic, access to drinking water and decent sanitation in Africa is...

University of Rwanda, Mastercard Foundation launch $55 million partnership to develop the next generation of African leaders

The Mastercard Foundation and University of Rwanda today announced a 10-year, $55 million partnership to enable higher education access...

Must read

Entrepreneur Launches Platform for Industry Leading Freelancing Services

Meet Rasool Muttalib, the founder of a fast-rising online...

Novae Named One of Inc. Magazine’s Fastest Growing Companies in America

It’s been a big year for Novae, LLC, the...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you

Get Your News on Wundef.com

Send us your business and entrepreneurship stories/news and articles to admin@wundef.com or through whatsapp, +233247516850.

Subscribe to our Youtube Channel, Like our Facebook Page

And also follow us on Twitter