Respected Business giant, Sir Sam Jonah, has encouraged Ghanaian business owners to deepen economic empowerment by moving beyond participation in economic activity to meaningful ownership of strategic national assets.
Sir Sam Jonah stated that, for many years, Ghana’s resources have been controlled by expatriates, limiting the extent to which ordinary citizens benefit directly from the country’s natural endowments.
However, there is a gradual change in the narratives by the emergence of transactions such as the acquisition of Azumah Resources by indigenous firms, including Engineers & Planners, as evidence of growing local ownership.
Addressing attendees at the official listing ceremony of Zen Petroleum Holdings PLC on the Ghana Stock Exchange on Wednesday, April 22, 2026, Sir Sam Jonah called for bold decisions by business owners.
“When ZEN opens its shares to the public, it is not merely conducting a financial transaction, indeed it is extending an invitation. It is saying to every Ghanaian, this company is yours to own a piece of. That is empowerment in the most practical and meaningful sense of the word,” he said.
“I must say, the developments of recent months have been most encouraging. The acquisition of Azumah Resources by Engineers and Planners is a milestone I have watched with deep satisfaction. The acquisition of the Damang mine, likewise”, he added.
“These are not small events; these are Ghanaians taking ownership of Ghanaian resources. These are signals that we are slowly but surely moving in the right direction. ZEN’s decision to go public fits perfectly within this larger story,” Sir Sam Jonah said while appreciating the momentum of indigenous companies taking over the control of Ghana’s natural resources.
“Indeed, it is perhaps a quiet but consequential revolution, a growing conviction among Ghanaian entrepreneurs that they don’t have to remain perpetually small, perpetually private, perpetually dependent on foreign capital and foreign validation. I’m excited by what I see,” the revered business giant noted.
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