Hot!
The Fishman’s fairytale …How Ebenezer Kakaku made abandoned family business profitable
It has now become a common thing hearing stories about how entrepreneurs with smaller beginnings manage to turn their fortunes around.
And,the story of a young man who stood against all odds, ventured into a business considered areserve for women with little or no capital, is no exception.
This man is known as Ebenezer Deladem Kakaku, the Fishman.
After an unsuccessful attempt to secure a ‘quick loan’ to survive,a frustrated Kakaku focused his attention on an abandoned family business and turned it into the biggest fish selling brand in Ghana, Fish&Food Arena, operating in Ada in the Greater Accra Region.
After the loan disqualification, Fishman wondered in frustration where his next meal would come from.
Then came what looked like a miracle in disguise. He encountered a fish seller who he patronised in the past.
Then,as he nursed the idea of starting a similar business, he was hit by another reality check – lack of money to start.
So, he shared those ideas with the fish seller who had in his pos session GH¢300 worth of tilapia (wild catch). After convincing the fish seller, The Fishman took a bold step and what he felt was a risk by taking the tilapia on credit, promising to pay after selling.
Gladly, the woman (fish seller) also gambled and gave away her fish. That turned out to be the breakthrough and the beginning of Fish& Food Arena and ‘Fishman’.
Fishman posted the fish on social media platform Facebook in his search for buyers and to his surprise, he got a number of customers.
The new customers included a doctor who made the first purchase of GH¢200 for half of the fish and a friend who came for the other half for another GH¢200;making a total of GH¢400 for the fish he ‘bought’ for GH¢300.
From that transaction, the Junior High School (JHS) graduate secured an initial capital of GH¢100 to re vive the fish selling business which was abandoned by his mother in 2006.
“I immediately made a profit of GH¢100 which was a very good start for me. I decided to go for another fish worth GH¢100 which I sold and made some profits. That was how the business started,” he stated.
After training as an Electrical Engineer, Deladem always wanted to do something else to make ends meet but never gathered the courage to go into any business.
“It was until I became very broke and was refused a loan that I thought I really needed to start doing something else apart from my regular job,” he said.
“Initially, people thought I was joking with my posts on social media but somehow, others got in touch and made purchases.”
“My business actually took off from Facebook. I later decided to start proper branding after a couple of months for people to attach some seriousness to what I was doing,” he noted.
Master Deladem got a shop in Kasserh, Ada to have a physical presence and added fried fish to the fresh fish to entice other markets.
But he encountered a challenge. Although the business was located in Ada, most of the customers were stationed in Accra and other regions.
He, however, found a way around it and subsequently, gained attention from people outside the country. That marked the beginning of fish export to Europe and other parts of the world.
“I met a gentleman on Facebook by name, Mr Agbeko Kumodzi who stays in the United States of America. He came down to Ghana and I decided to surprise him with some fish. He was impressed and began posting on social media, attracting other customers from the US, Canada, UK, Italy and Australia,” he recounted.
“It was a huge boost for me as I began to send fish to people in those countries on regular basis through DHL.”
The business, according to Master Deladem, started in February 2022 and has currently employed three people with the hope of getting more people involved as the business expands.
“The beginning was interesting as many people were surprised to see a man selling fish but they were happy to buy from me,” he said.
From that small beginning, the Fishman can now boast of a business capital of between GH¢40,000 to GH¢50,000 with hopes of opening branches in Accra, Ho, Aflao and subsequently all regions of Ghana.
He advised young people who wished to start their own businesses to conduct thorough research and be certain on which area to invest and be passionate about what they do.
“You could build on family business. One must also be patient because it takes time for businesses to succeed,” he stated.
“Customer care must also be a priority, be consistent and build the business on trust at all times while making branding significant,” he added.
Discipline, sacrificing and denying oneself some luxuries of life he said, would also ensure a successful business.
“I always knew that school was not my thing. And one could make a decent living without going to school,” he added.
Family
“I lost my father but was very close to my mother and six other siblings who are also doing well in their various professions,” he stated.
The 36-year-old Fishman said he was looking forward to settling down and have his own family soon.
“We grew up at Sokpoe near Sogakope in the Volta Region but I moved to Ada with my sister in 2005,” he said.
Charity
The Fishman had over the years supported the less privileged in his community and beyond with donations of food and clothing.
“There are many island communities in Ada and the Volta region with a lot of children who lack basic needs like food and water. I recently donated clothes and fed over 100 children in those areas,” he disclosed.
“Though I did not have education to the highest level, I am willing to support needy but brilliant children to go to school,” he added.
He said, he was willing to collaborate with corporate entities and individuals to support the less privileged in society.
By Michael D. Abayateye
Hot!
ASWIM lauds Prof Naana Jane Opoku-Agyemang
The Association of Women in the Media, (ASWIM) has congratulated Professor Naana Jane Opoku-Agyemang on her historic achievement as Ghana’s first female Vice President.
The association said her trailblazing journey with sterling accomplishments from academia to politics, is undoubtedly, a vivid inspiration to countless women and girls across Ghana and Africa.
This was contained in a statement signed by its president, Mrs Mavis Kitcher, and copied to The Spectator on Tuesday in Accra.
“ASWIM celebrates your remarkable career, marked by numerous firsts, including the first female Vice-Chancellor of the University of Cape Coast, (UCC), and the first female to hold a professional chair in Ghana, (UCC),” the statement said.
It said the accomplishments of Prof Opoku- Agyemang were clear testament to the brilliance, resilience and resourceful nature of the complete beautiful African woman.
“As she takes on this new role, ASWIM proudly lauds her commitment to education, women’s empowerment, distinguished public service and patriotism and is very confident that her pursuit of excellence, love for humanity, humility, decency, modesty and commitment to the welfare of the vulnerable will characterise Ghana’s political leadership and public service,” the statement added.
By Jemima Esinam Kuatsinu
Entertainment
Demolition of Fantasy Dome unfair — Mark Okraku-Mantey
Months after the Fantasy Dome was dismantled to make way for construction at the Ghana International Trade Fair site, the Deputy Minister of Tourism, Arts and Culture, Mr Mark Okraku-Mantey, has expressed concern over the manner the facility was destroyed.
In an interview on Daybreak Hitz with Andy Dosty, Mr Okraku-Mantey criticised the handling of the dome’s dismantling, suggesting that it could have been done without causing damage.
“I don’t think that leadership gave instructions that they should do what happened. The structure was a prefab but I hear the people destroyed it. That one, we cannot defend it. It is unfair to him (owner). Sometimes, you give instructions and people will go and do things that will make you look bad,” he stated.
When asked about any punitive measure against the workers responsible for the destruction, Mr Okraku-Mantey clarified that the Trade Fair does not fall under his ministry.
He said he had previously contacted the owner, Leslie Quaynor, to discuss relocating the dome, and even suggested the National Museum as a potential site, though it was too small.
The demolition of the 20,000-seater Fantasy Dome occurred on March 16, 2024.
According to Dr Agnes Adu, CEO of the Ghana Trade Fair Company Limited, the action was taken after multiple notices were given to Quaynor to vacate the premises for redevelopment, as per their tenancy agreement.
Dr Adu noted that all previous tenants had complied except for the Fantasy Dome.
Quaynor, in an interview with JoyNews, confirmed that his lease had ended, and was in the process of relocating the dome.
He had requested an extension, which was denied, leading him to seek a writ and an injunction from an Accra High Court to halt the demolition.
Despite this, the demolition proceeded, causing significant damage to the structure.
Quaynor described the incident as a major setback, not only for his business but also for the entertainment industry, which relies on venues like the Fantasy Dome.