Scancom Ghana Limited, operators of the telecommunication network, MTN, was on Friday adjudged  the best company at the 17th edition of the GIPC organised club 100 awards

The telecommunication giant, topped a ranking of the best companies in Ghana, beating competitions from Ghana Oil Company and Goldfields Ghana  limilted,who came 2nd and 3rd respectively.

The  Ghana Investment Promotion Centre (GIPC) ranked Scancom as  number one in an annual compilation of the top 100 companies in Ghana to give due recognition to successful enterprise building

Other companies ranked in the top five included Kosmos Energy Ghana HC with winners of last year's edition, Newmont Ghana Limited dropping to the fifth position at an events held in Accra.

The rankings were based on vigorous exercise that focused on size,profitability and growth of companies in the year under review.

Going into the ultimate, MTN had picked two awards for being the largest Company and the Highest Tax payer to the Ghana.

The Ghana Club 100 Award is an annual compilation of the top 100 companies in Ghana to give due recognition to successful enterprise building and was launched in 1998 by the Ghana Investment Promotion Centre (GIPC). The GC 100 is about 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.

Below is the rankings according to GIPC

 

Rank                 Name of company
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

 

Sector Rankings


The GIPC also  produced a sector rankings for the following sectors: Agric and Agribusiness, Education, Financial Services, Health, Information & Communications Technology, Infrastructure, Manufacturing, Media, Petroleum & Mining Services, Services, Tourism.

The rankings were  based on a company’s position in the overall GC 100 rankings. For example if two companies A and B are in the same sector and company A outperformed company B in the overall rankings, then in the sector ranking company A is considered a better performer.

2017 EDITION GC 100 AWARDS 

Leaders of Sector Ranking
Sector Company
Agriculture and  Agribusiness Olam Ghana Company Limited
Telecommunications Scancom Limited (MTN Ghana)
Universal Banks Barclays Bank (Ghana) Limited
Rural Banks Sefwiman Rural Bank Limited
Other Non-Bank  Financial Institutions Enterprise Trustees Limited
Insurance Services GN Reinsurance Company Limited
Information & Communication Technology (ICT) IT Consortium Limited
Manufacturing Wilmar Africa Limited
Extractive (Petroleum and Mining) Ghana Oil Company Limited
General Services Glico Health Care Limited
Hospitality Land Tours Ghana Limited
Savings & Loans ASA Savings & Loans

 

By:Fiifi Abdul Malik/ghanaguardian.com