The Deputy Finance Minister, Kweku Kwarteng, says government will continue to create a favorable environment for businesses to grow.
He said this at the 17th Edition of the Ghana Club 100 Awards night organised by the Ghana Investment Promotion Center, (GIPC) over the weekend.
The GC 100 was on the theme “Technology, Innovation, Entrepreneurship: Opportunities for Growth and Job Creation.”
Speaking on behalf of the President Nana Addo Dankwa Akufo-Addo, Mr. Kwarteng said, the theme for the occasion was apt as it resonated with the Government’s efforts to building the needed framework and infrastructure for growth and job creation.
“Our government is keen on developing the Ghanaian economy through the private sector, hence the introduction of initiatives to support the growth of industries and creating a friendly business environment.”
He said the Government was aligning itself to boosting the private sector and enhancing the image of Ghana as a destination for doing business, which was one of the focuses of the 2019 Budget.
“While we have a lot of work to do to fix our country and economy, we want to assure that the economic policies of the Government are anchored on a systemic path to a greater good for all of us. We will build on these to start the process of more fundamental reforms to pushing Ghana to a modern economy under the vision of Ghana Beyond Aid,” he said.
He cited reduced inflation rate, monetary rate and fiscal deficit as evidence of work government is doing to improve the economy.
Mr. Kwarteng commended the Chief Executive Officer of the GIPC, Yoofi Grant, and the staff for their relentless work to securing a significant Foreign Direct Investment into the country to boost the growth of domestic enterprises.
In his welcome address, Chief Executive of the Ghana Investment Promotion Centre(GIPC), Yofi Grant maintained that technology and innovation is the new frontier of businesses across the globe
“The benefits are many and multifaceted. The biggest companies in the world now are technology companies or companies who have technology and innovation at the heart of their operations.”
He pledged the Centre’s continuous engagement with the current top 100 companies and seek their support through mentorship to help grow the next generation of Ghana Club 100 companies.
Scancom Limited (MTN Ghana) was adjudged the Number One Company of the Year among the best 100 companies in Ghana by the 17th Edition of the Ghana Club 100 Awards.
The Company took the first place as the Largest Company in the country followed by Gold Fields Ghana Limited as the Second Largest Company with Ghana Oil Company Limited taking the third place.
MTN Ghana was also adjudged the Highest Taxpayer for the Discretionary Award Category.
Ghana Oil Company, GOIL came second with Goldfields Mining Company placing third.
Olam Ghana Limited was awarded the Ghana Club 100 Best New Entrant Company, who was also adjudged the Leader in Agriculture and Agribusiness with Yesli Ice Company, voted by participants through SMS, as the Company of the Future.
Below is the list of the winners:
RANKING FOR 17TH EDITION OF GC100 – PRINTING ON PLAQUES
1. Scancom Ghana Limited
2. Ghana Oil Company Limited
3. Gold Fields Ghana Limited
4. Kosmos Energy Ghana HC
5. Newmont Golden Ridge Limited
6. Glico Health Care Limited
7. Olam Ghana Company Limited
8. Newmont Ghana Gold Limited
9. Wilmar Africa Limited
10. Enterprise Trustees Limited
11. AngloGold Ashanti (Iduapriem) Limited
12. ASA Savings and Loans Limited
13. Total Petroleum Ghana Limited
14. IT Consortium Limited
15. GN Reinsurance Company Limited
16. McDan Shipping Company Limited
17. Ghana Rubber Estates Limited
18. Sefwiman Rural Bank Limited
19. Meridian Port Services Limited
20. Teksol Limited
21. Barclays Bank (Ghana) Limited
22. Acacia Health Insurance Limited
23. B5 Plus Limited
24. Sunon-Asogli Power Ghana Limited
25. Land Tours Ghana Limited
26. Cal Bank Limited
27. Microfin Rural Bank Limited
28. Reroy Cables Limited
29. StarLife Assurance Company Limited
30. Amenfiman Rural Bank Limited
31. Mumuadu Rural Bank Limited
32. Enterprise Life Assurance Company Limited
33. Melcom Limited
34. Toyota Ghana Limited
35. RegencyNem Insurance Ghana Limited
36. Nsia Insurance Company Limited
37. Fiaseman Rural Bank Limited
38. Sunu Assurance Ghana Limited
39. Fan Milk Limited
40. LeasAfric Ghana Limited
41. Upper Amenfi Rural Bank Limited
42. Standard Chartered Bank Ghana Limited
43. Nwabiagya Rural Bank Limited
44. Niche Cocoa Industry Limited
45. Tropical Cable and Conductor Limited
46. Zenith Bank (Ghana) Limited
47. Reiss & Co. (Ghana) Limited
48. Multipro Private Limited
49. Guaranty Trust Bank (Ghana) Limited
50. Bond Savings & Loans Limited
51. Societe Generale Ghana Limited
52. Asokore Rural Bank Limited
53. GHL Bank Limited
54. Stanbic Bank Ghana Limited
55. Ahantaman Rural Bank Limited
56. Fidelity Bank Ghana Limited
57. Bayport Savings and Loans Limited
58. Benso Oil Palm Plantation Limited
59. Manya Krobo Rural Bank Limited
60. Unilever Ghana Limited
61. Bosomtwe Rural Bank Limited
62. Amanano Rural Bank Limited
63. Ghana Community Network Services Limited
64. Otuasekan Rural Bank Limited
65. Glico Life Insurance Company Limited
66. Atwima Mponua Rural Bank Limited
67. Bank of Baroda Ghana Limited
68. Okomfo Anokye Rural Bank Limited
69. Abosso Goldfields Limited
70. Juaben Rural Bank Limited
71. First Atlantic Bank Limited
72. Phoenix Insurance Company Ghana Limited
73. Amansie West Rural Bank Limited
74. Builsa Community Bank Limited
75. KEK Insurance Brokers Limited
76. Sterling International Limited
77. Broll Ghana Limited
78. Blue Sky Products Ghana Limited
79. Kane-Em Industries Limited
80. Access Bank (Ghana) Limited
81. Izwe Savings and Loans
82. Latex Foam Rubber Products Limited
83. DHL Ghana Limited
84. Sahel Sahara Bank
85. Akuapem Rural Bank Limited
86. Imperial Homes Limited
87. Tobinco Pharmaceuticals Limited
88. Activa International Insurance Company (Gh) Limited
89. Kaaseman Rural Bank Limited
90. Papaye Fast Food Limited
91. Atwima Kwanwoma Rural Bank Limited
92. South Akim Rural Bank Limited
93. Kintampo Rural Bank Limited
94. Odotobri Rural Bank Limited
95. Kasapreko Company Limited
96. Vanguard Assurance Company Limited
97. Azar Chemical Industries Limited
98. Interplast Limited
99. SIC Insurance Company Limited
100. Japan Motors Trading Company Limited
Newsdesk report compiled by: Ruth Abla Adjorlolo
