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GIPC launches 16th Ghana Club 100 awards

Accra, July 20, GNA – The Ghana Investment
Promotion Centre (GIPC) has launched the 16th edition of the Ghana
Club 100 (GC) Awards in Accra on the theme: “Industrialisation: A Tool for Job
Creation and Accelerated Economic Development.”

The awards, which was established by the
Centre in 1998 to serve as a benchmark for corporate excellence, has become an
annual event and compiles the top 100 highly performing companies from both
public and private sectors, for due recognition of successful enterprises.

Mr Yofi Grant, the Chief Executive Officer
GIPC, said the theme was in line with government’s vision to use manufacturing
through the “One District, One Factory,” initiative as an economic development
and job creation tool.

He said the GIPC intended to use this year’s
awards as a launch pad for promoting partnerships between Ghanaian
manufacturers and their foreign counterparts and showcase Ghana’s
industrialisation potential and its impact on employment and skills
development.

The event is aimed at introducing a system of
ranking the top 100 companies in Ghana whilst encouraging and nurturing the
private sector to develop and grow to compete internationally.

The objective is to develop a database of the
top 100 viable companies as an annual “who is who” on the Ghanaian corporate
business calendar and through creative media vehicles and activities to promote
Ghana’s corporate capacity.

Mr Grant said it was also intended to utilise
the club to gain government support and intervention to enhance the
competitiveness of the Ghanaian corporate sector.

It is also to develop an open information
culture within the corporate sector, provide incentives for improved corporate
performance by recognising the top 100 performing companies and develop uniform
criteria for evaluating performance.

Mr Grant encouraged limited liability
companies to apply for the event and for companies with government interest,
government shares should be less than 50 per cent, unless it was listed on the
stock exchange.

“Companies are also requested to submit soft
and hard copies of audited accounts for 2014, 2015 and 2016, a 125- word soft
copies of company profile and logo, and soft & hard copies of CEO’s
passport size picture,” he said.

He said companies would be ranked by the
ranking consultant, Ernest and Young (EY) based on three main criteria; size,
growth and profitability.

This year’s event include Best Company in
Agriculture and Agribusiness, Financial Services, Information and Communication
Technology, Services, Infrastructure, Petroleum and Mining, Manufacturing,
Tourism, Health and Education.

The discretionary awards would include
UNICEF’s Coalition of Children’s Award, Corporate Social Responsibility (CSR)
Award, and the GC 100 Company of the Future Award.

Mr Grant lauded the continuous support of GIPC
partners for the award and urged all companies to subscribe to it.

Madam Ama Bawah, the Senior Director of
Government Relations, Newmont Ghana Limited, commended the GIPC for the
continuous efforts to promote business growth in the country.

She said being the first on the Club 100 list
has impacted positively on the brand of the company which had increased work
ethics.

GNA

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