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
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