Newmont Golden Ridge Limited has been adjudged the overall best company, MTN the second best and Ghana Oil Company Limited (GOIL) the third, in the 16th edition of the Ghana Club 100 (GC 100) awards organized by Ghana Investment and Promotion Centre (GIPC).

The awards programme aimed at introducing healthy competition amongst private sector players, to encourage growth and facilitate the nation’s ability to compete in the global market, also saw Goldfields Ghana Ltd, Vivo Energy Ltd and Unibank Ghana Ltd follow in fourth, fifth and sixth place respectively.

Several other companies were acknowledged and awarded for their tireless efforts in contributing to the growth of the economy, enabling Ghana competitiveness in the global market and creating jobs in their respective fields.

Chief Executive Officer (CEO) of GIPC, Yofi Grant in an address said, “We celebrate those who have toiled and against all odds built significant and fantastic businesses. We recognize that building a private business in Ghana is like running up a hill backwards and so for those of you who have survived, you definitely need to be celebrated.”

The 16 edition of Ghana Club 100 awards was under the theme, ‘Industrialization – A Tool for Job Creation and Accelerated Economic Development’, agrees with government’s vision to capitalize on industrialization through projects such as the one district, one factory project to facilitate job creation and economic growth.

Standing in for the President of Ghana, Nana Addo Dankwa Akufo-Addo as keynote speaker, Senior Minister, Yaw Osafo-Maafo speaking on the theme noted that growing the private sector being one of the government’s major priorities was a way of speeding up development in the country adding that governments main focus in accelerating economic growth is based on four thematic areas namely, Macroeconomic stability and debt sustainability, infrastructural development, accelerated industrial development and agricultural transformation.

He charged all companies within the top hundred to assist government to achieve its goal of creating employment, and increase the nation’s income level.

“The type of visitors our president is getting these days is a clear manifestation that times are changing and changing well for this economy of ours. But no matter how much people favor us, we need players to make it work to benefit from all this good will, we need captains of industry to make use of this good will to develop this county. That is why I am personally interested in the top 100 companies in this country," he mentioned.

“You have a responsibility to help us develop this economy, to help us generate employment to move Ghana from a lower middle-income country to proper middle income country and then become a developed country in the final analysis. I am happy that we are celebrating the best of the best,” he added.

The GIPC used the awards programme to encourage partnerships between Ghanaian entrepreneurs and their foreign colleagues.

The GC 100 which first took place in March 1998, highlights corporate excellence in a compilation of top 100 companies in Ghana.



Full list of the 2016 Ghana Club 100 rankings

100. Abosso Goldfields Ltd

99. Reiss & Company (Ghana)

98. 1st Africa Forex Bureau

97. Accra City Hotel Ltd

96. Anum Rural Bank Ltd

95. GLICO General

94. Poly Tanks Ghana Ltd

93. Bsystems Limited

92. L'AINE Services Ltd

91. Mechanical Lloyd Company Ltd

90. Camelot Ghana Limited

89. Starwin Products Ltd

88. Asante Akyem Rural Bank

87. Suma Rural Bank Ltd

86. Amanano Rural Bank

85. Lower Pra Rural Bank Ltd

84. North Kaneshie Forex Bureau Ltd

83. Latex Foam Rubber Products Ltd

82. Prudential Life Ghana Ltd

81. Japan Motors Trading Company Limited

80. Quality Insurance Company

79. Stratcomm

78. Kingdom Books & Stationery Ltd

77. Bank of Baroda

76. Best Western Premier Accra Airport Hotel Ltd

75. Interplast Ltd

74. Vanguard Assurance Company Limited

73. Nsoatreman Rural Bank Ltd

72. All Time Capital Ltd

71. Juaben Rural Bank Limited

70. Kaaseman Rural Bank Ltd



69. Atwima Mponua Rural Bank Ltd

68. Asokore Rural Bank Ltd

67. Bodwiase Rural bank

66. Kintampo Rural Bank

65. Dumpong Rural Bank

64. Bia-Torya Community Bank Ltd

63. Amansie West Rural Bank Ltd

62. Phoenix Insurance Company Ltd

61. Adansi Rural Bank Ltd

60. Nwabiagya Rural Bank Ltd

59. Bosomtwe Rural Bank Ltd

58. Odotobri Rural Bank Ltd

57. Landtours Ghana Ltd

56. MPG Pharmaceuticals Ltd

55. Imperial Homes Ltd

54. Leasafric Ghana Ltd

53. Kasapreko Company Limited

52. Ramel Business Services Ltd

51. Akwapim Rural Bank Ltd

50. Akim Bosome Rural Bank Ltd



49. Ahantaman Rural Bank Ltd

48. B5 plus Ltd

47. Star Assurance Company Ltd

46. Bond Savings and Loans Ltd

45. Societe General Ghana Ltd

44. UniCredit Ghana Ltd

43. Tropical Cable and Conductors Ltd

42. Enterprise Insurance Company Ltd

41. First Atlantic Bank Ltd

40. Ghana Home Loans

39. SIC Life Company Ltd

38. DCI Micro Finance Ltd

37. South Akim Rural Bank

36. McDan Shipping Company Ltd

35. Otuasekan Rural Bank Ltd

34. Melcom Group

33. Guaranty Trust (GT) Bank Ghana Ltd

32. Atwima Kwanwoma Rural Bank

31. Dalex Finance &Leasing Company Ltd

30. Stanbic Bank Ghana Ltd

29. Fiaseman Rural Bank Ltd

28. Sefwiman Rural Bank Ltd

27. Certification, Inspection & Training Ltd (CIT)

26. Zenith Bank Ghana Ltd

25. Enterprise Trustees Ltd

24. Amenfiman Rural Bank

23. DHL Ghana Ltd

22. Unilever Ghana Ltd

21. Enterprise Life Assurance Company Ltd

20. Ghana Community Network Services Ltd (GC Net)

19. Toyota Ghana Company Ltd

18. Fidelity Bank Ghana Ltd 17. Asa Savings & Loans Ltd

16. GLICO Healthcare

15. Fan Milk Ghana Ltd

14. Barclays Bank Ghana Ltd

13. McOttley Capital Ltd

12. Ecobank Ghana Ltd

11. Newmont Ghana Gold Ltd

10. Total Petroleum Ghana Ltd

9. Justmoh Construction Ltd

8. Nordea Capital Ltd

7. Multipro Private Ltd

6. Unibank Ghana Ltd

5. Vivo Energy Ghana Ltd

4. Goldfields Ghana Ltd

3. Ghana Oil Company Ltd (GOIL)

2. MTN Ghana

1. Newmont Golden Ridge Ltd