Companies honoured at Ghana Club 100 Awards

Newmont Golden Ridge Limited, for the second consecutive year, emerged the number one company in the country at the 16th edition of the Ghana Club 100 awards.

Scancom Limited (MTN Ghana) and Ghana Oil Company Limited (Goil) placed second and third respectively at the ceremony organised by Ghana Investment Promotion Centre (GIPC) in Accra on Thursday night.

From 4th to 10th positions correspondingly were Goldfields Ghana Limited, Vivo Energy, Unibank Ghana Limited, Multipro Private Limited, Nordea Capital Limited, Justmoh Construction Limited and Total Petroleum Ghana Ltd.

At number 56 was M and G Pharmaceuticals Limited while Dreams Consult and Supplies, a Tamale based startup business, beat two other companies in a public votes, to win the company of the future award.

This year’s edition of the awards that ranks and celebrates the top 100 companies in the country, was under the theme; “Industrialisation; a tool for job creation and accelerated economic Development.”

In attendance were Senior Minister, Yaw Osafo Maafo, who represented President Nana Addo Dankwa Akufo-Addo; Minister for Finance, Ken Ofori Atta and Governor of Bank of Ghana, Dr Ernest Addison.

In an address, Mr Maafo said initiatives introduced by government this year had stabilised the economy and increased the country’s business confidence which was previously low.

He said the calibre of investors and business delegation visiting the country every now and then was a clear manifestation of the change that the economy would witness soon.

However, he said the private sector was needed to make use of the goodwill and rallied the sector to create jobs and help move the country from lower middle income country to a developed country.

Mr Maafo charged the private sector to play their part in the country’s development through the payment of their taxes to enable the government, in turn, create the needed environment for them.

Acknowledging Ghana’s first president, Dr Kwame Nkrumah’s industrialisation drive, he said this government, instead of letting government own industries, would be the catalyst for private sector industries to thrive.

“We believe in the private sector, we want you to succeed, help us to succeed by doing good business,” he said and while congratulating the GIPC for raking in $4.4 Billion in nine months, urged them to do more.

Chief Executive Officer of GIPC, Mr Yoofi Grant, in his welcome address noted that running a business in the country required extra effort and praised companies who made it to the top 100 for their tenacity.

He said government, through a number of reforms, had put the economy onto a stable sustainable irreversible track for growth adding that GIPC would continue to introduce more innovations to accelerate the growth of  businesses.

By Jonathan Donkor

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