PEPERA FAMILY

THE PEPERA FAMILY

$180 Million

PHC MOTORS

---

Wealth: INHERITED, AUTOMOBILE

---

Known For: PHC MOTORS

---

OVERVIEW

The late Kwabena Pepera, founder of  PHC Motors entered into share purchaser negotiations with the majority shareholders of Leyland Motors of Einhover, Holland. These negotiations were successful and by 1993 the late Kwabena Pepera had acquired majority shares in the company which was renamed PHC Motors Limited. The company was one of the few motor companies in Ghana to be solely owned and operated by Ghanaians at the time.

Kwabena was one of the giants of Ghana's post-colonial private sector industrial development and served on several boards of state and financial institutions, including the National Investment Bank (NIB). He was one of the founding fathers and initial shareholders of Ecobank Ghana.

---

NET WORTH SUMMARY

PHC Motors formerly known as Leyland Motors is now incorporated with Daimler Chrysler, manufacturers of the Cherokee range of vehicles.

Mr. Paul Pepera took over his father’s business and shares in his father’s wealth with his 8 siblings. He is a Barrister at Law by profession, has also been at the centre of the private sector in Ghana for almost twenty years.

At present PHC Motors Limited is expanding its horizon in Ghana and has six service centres in five Regions. They are the main distributers of Land Rover and Range Rover vehicles in Ghana.

PHC has sold not less than 40,000 vehicles and has been representing TATA in Ghana since 2002.

---

Visibility Ratings: B