Newmont Ghana has been adjudged the best company of the year at the just ended Ghana Club 100 awards organised by the Ghana Investment Promotion Center (GIPC).
The 16th edition of the annual awards was celebrated under the patronage of the president of the Republic of Ghana, Nana Addo Danquah Akuffo-Addo themed: “Industrialization – A tool for Job Creation & Accelerated Economic Development”.
MTN Ghana emerged second whereas Goil, Goldfields Ghana and Vivo Energy took the third, fourth and fifth positions to top the rankings respectively.
The event identified and celebrated the best one hundred businesses in Ghana and also awarded the leading companies in each of the strategic sectors; that is the Best company in Agriculture and Agribusiness, Financial Services, Information and Communication Technology, Services, Infrastructure, Petroleum and Mining Services, Manufacturing, Tourism, Health, and Education.
In his address, Chief Executive Officer (CEO) of GIPC, Yofi Grant said: “We celebrate those who have toiled and against all odds built significant and fantastic businesses. We recognize that building a private business in Ghana is like running up a hill backwards and so for those of you who have survived, you definitely need to be celebrated.”
Speaking on behalf of the president of Ghana as keynote speaker, Senior Minister, Yaw Osafo-Maafo noted that government is very keen on growing the private sector in order to promote development in the country. He said government is focused on four thematic ways; Macroeconomic stability and debt sustainability, Infrastructural development, Accelerated industrial development and Agricultural transformation to accelerate economic growth in the country.
He encouraged all the companies present to assist government achieve its goal of increasing the economic level of the nation as well as creating more jobs.
“You have a responsibility to help us develop this economy, to help us generate employment to move Ghana from a lower middle-income country to proper middle-income country and then become a developed country in the final analysis. I am happy that we are celebrating the best of the best.
The type of visitors our president is getting these days is a clear manifestation that times are changing and changing well for this economy of ours. But no matter how much people favor us, we need players to make it work to benefit from all this good will, we need captains of industry to make use of this good will to develop this county. That is why I am personally interested in the top 100 companies in this country,” he said.
To climax the event, GIPC introduced this year’s Ghana Club 100 Magazine – a commemorative publication containing messages from the President of the Republic to local and international businesses with an interest in the Ghanaian economy.
In the magazine is a full listing of the top-ranking companies, the ranking criteria and a directory of the top hundred companies in corporate Ghana. The magazine which commands a wide readership of top business decision makers around the globe also includes articles related to the Ghanaian business landscape as well as goodwill messages from the diplomatic community. The magazine is the 16th Edition since it was launched in 1997.
The Ghana Investment Promotion Centre is a Government agency, responsible under the GIPC Act, 2013 (Act 865): to encourage and promote investments in Ghana, to provide for the creation of an attractive incentive framework and a transparent, predictable and facilitating environment for investment in Ghana.
Below is the full list of the 2016 Ghana Club 100 rankings
100. Abosso Goldfields Ltd
99. Reiss & Company (Ghana)
98. 1st Africa Forex Bureau
97. Accra City Hotel Ltd
96. Anum Rural Bank Ltd
95. GLICO General
94. Poly Tanks Ghana Ltd
93. Bsystems Limited
92. L’AINE Services Ltd
91. Mechanical Lloyd Company Ltd
90. Camelot Ghana Limited
89. Starwin Products Ltd
88. Asante Akyem Rural Bank
87. Suma Rural Bank Ltd
86. Amanano Rural Bank
85. Lower Pra Rural Bank Ltd
84. North Kaneshie Forex Bureau Ltd
83. Latex Foam Rubber Products Ltd
82. Prudential Life Ghana Ltd
81. Japan Motors Trading Company Limited
80. Quality Insurance Company
79. Stratcomm
78. Kingdom Books & Stationery Ltd
77. Bank of Baroda
76. Best Western Premier Accra Airport Hotel Ltd
75. Interplast Ltd
74. Vanguard Assurance Company Limited
73. Nsoatreman Rural Bank Ltd
72. All Time Capital Ltd
71. Juaben Rural Bank Limited
70. Kaaseman Rural Bank Ltd
69. Atwima Mponua Rural Bank Ltd
68. Asokore Rural Bank Ltd
67. Bodwiase Rural bank
66. Kintampo Rural Bank
65. Dumpong Rural Bank
64. Bia-Torya Community Bank Ltd
63. Amansie West Rural Bank Ltd
62. Phoenix Insurance Company Ltd
61. Adansi Rural Bank Ltd
60. Nwabiagya Rural Bank Ltd
59. Bosomtwe Rural Bank Ltd
58. Odotobri Rural Bank Ltd
57. Landtours Ghana Ltd
56. MPG Pharmaceuticals Ltd
55. Imperial Homes Ltd
54. Leasafric Ghana Ltd
53. Kasapreko Company Limited
52. Ramel Business Services Ltd
51. Akwapim Rural Bank Ltd
50. Akim Bosome Rural Bank Ltd
49. Ahantaman Rural Bank Ltd
48. B5 plus Ltd
47. Star Assurance Company Ltd
46. Bond Savings and Loans Ltd
45. Societe General Ghana Ltd
44. UniCredit Ghana Ltd
43. Tropical Cable and Conductors Ltd
42. Enterprise Insurance Company Ltd
41. First Atlantic Bank Ltd
40. Ghana Home Loans
39. SIC Life Company Ltd
38. DCI Micro Finance Ltd
37. South Akim Rural Bank
36. McDan Shipping Company Ltd
35. Otuasekan Rural Bank Ltd
34. Melcom Group
33. Guaranty Trust (GT) Bank Ghana Ltd
32. Atwima Kwanwoma Rural Bank
31. Dalex Finance &Leasing Company Ltd
30. Stanbic Bank Ghana Ltd
29. Fiaseman Rural Bank Ltd
28. Sefwiman Rural Bank Ltd
27. Certification, Inspection & Training Ltd (CIT)
26. Zenith Bank Ghana Ltd
25. Enterprise Trustees Ltd
24. Amenfiman Rural Bank
23. DHL Ghana Ltd
22. Unilever Ghana Ltd
21. Enterprise Life Assurance Company Ltd
20. Ghana Community Network Services Ltd (GC Net)
19. Toyota Ghana Company Ltd
18. Fidelity Bank Ghana Ltd
17. Asa Savings & Loans Ltd
16. GLICO Healthcare
15. Fan Milk Ghana Ltd
14. Barclays Bank Ghana Ltd
13. McOttley Capital Ltd
12. Ecobank Ghana Ltd
11. Newmont Ghana Gold Ltd
10. Total Petroleum Ghana Ltd
9. Justmoh Construction Ltd
8. Nordea Capital Ltd
7. Multipro Private Ltd
6. Unibank Ghana Ltd
5. Vivo Energy Ghana Ltd
4. Goldfields Ghana Ltd
3. Ghana Oil Company Ltd (GOIL)
2. MTN Ghana
1. Newmont Golden Ridge Ltd