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Newmont, GOIL are tops in 15th edition of Club 100 awards

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Newmont_Club100Newmont Golden Ridge Limited emerged the best company in the fifteenth edition of the Ghana Club 100 awards organized by the Ghana Investment Promotion Center (GIPC).

Ghana Oil Company Limited was the second in the rankings followed by Golden Star Resources, Total Petroleum Ghana and Ecobank Ghana.

UniBank was adjudged sixth in the rankings, whiles Zenith bank came seventh, followed by Newmont Ghana Gold as eighth position, Ramel Business Services limited came ninth while Cal Bank was 10th position.

Other companies followed to the hundredth position including Reroy Cables with the 81th position.

This year’s event was on the theme: ‘‘Manufacturing, Steering Ghana’s Development”.

The ceremony was graced by President John Dramani Mahama.

President Mahama commended the companies for excelling in their respective disciplines, adding that government has demonstrated commitment to dialogue with captains in the business arena to grow the sector.

Mrs Mawuena Trebarh, the Chief Executive Officer of the GIPC, said the event laid emphasis on the country’s manufacturing sector that holds the key to expanding the economy through export.

She said there are many Small and Medium Enterprises in all the regions manufacturing products for export into the West Africa region and this signals more job creation opportunities.

Mrs Trebarh said the event was aimed at introducing a system of ranking of the top 100 companies in Ghana, while encouraging and nurturing the private sector to develop and grow to compete internationally.

The GIPC will honour the top 100 businesses and also honour the leading companies in each of the strategic sectors, such as Best Company in Agriculture and Agribusiness; Financial Services; Information and Communication Technology; Services; Infrastructure; Petroleum and Mining Services; Manufacturing; Tourism; Health; and Education.

She said this year’s event witnessed Special Awards for outstanding business performers in selected categories, including Corporate Social Responsibility and the Highest Tax Paying Company.

“The Centre believes that as Ghana continues to see itself as Africa’s Golden Gateway to a safe and secure investment destination for investors across the globe, it is incumbent on us to encourage the private sector operators to ensure that their operations do not appear to be at variance to internationally acceptable practices,” she said.

She said the GIPC as the lead investment promotion agency in the country has over the few years prioritize the manufacturing sector as major opportunity area for both local and foreign companies.

She said the manufacturing sector holds an important role in linking all economic activities in the country to stimulate growth and create jobs.

Source: GNA

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