CEO of GIPC, Mrs. Mawuena Trebarh welcoming President John Mahama to Ghana Club 100 awards night at Kempinski Hotel Gold Coast City in Accra.
Newmont Golden Ridge Limited has been adjudged the best company in the fifteenth edition of the Ghana Club 100 (GC100) awards organized by the Ghana Investment Promotion Center (GIPC).
The company was followed by indigenous oil marketing company, Goil, Golden Star Resources, Total Petroleum Ghana and Ecobank Ghana followed in the third, fourth and fifth positions respectively.
UniBank was adjudged the sixth best company, while Zenith bank came seventh.
Other companies followed to the hundredth position.
Delivering a welcome address, the Chief Executive Officer of the GIPC, Mrs. Mawuena Trebarh said this year’s edition focused on ways to expand Ghana’s manufacturing sector.
Mrs. Trebarh said the country’s manufacturing sector holds the key to expanding the economy through export.
“The theme for this year, ‘Manufacturing, Steering Ghana’s Development’, could not have been more appropriate given that the country is in an era where government’s focus is on leveraging investments in manufacturing,” she said.
According to her, the focus of manufacturing is part of a broader import substitution strategy to grow the economy.
She pointed out that, the GIPC as the lead investment promotion agency in Ghana, has over the few years prioritised the manufacturing sector as a major opportunity area for both local and foreign companies.
“In that respect this, the GIPC ACT 865 of 2013, makes provision for special incentives for manufacturing entities,” she said.
She explained that the manufacturing sector holds an important role in linking all economic activities in the country to stimulate growth and create jobs. Citing some achievements made by some Ghanaian indigenous manufacturers in creating jobs.
Mrs. Trebarh announced that there are many Small and Medium Enterprises (SMEs) in all the ten regions manufacturing products for export into the West Africa region.
“This is what the Ghana Club 100 shows to the world. Since it started, it has become the most prestigious awards ceremony in the country,” she said.
The GC100 is an annual compilation of the top 100 companies in Ghana.
The GC100 was launched in 1998 by GIPC, to give recognition to successful enterprise building and corporate excellence.
Companies making it into the GC 100 are to serve as role models for the private sector and provide a forum for corporate Ghana to interact with the government at a high level.
Its objectives include to develop an open information culture within the Ghanaian corporate sector, to provide incentives for improved corporate performance, develop a uniform criteria for evaluating corporate performance and establish an annual and current analysis of Ghana’s corporate sector.
President John Mahama was the Special Guest at the event which took place at Kempinski Hotel Gold Coast City in Accra.