Yofi Grant speaking at the GC100 launch
The Ghana Investment Promotion Center (GIPC) says it intends to promote partnership between Ghanaian manufacturers and their foreign counterparts to enhance promotional activities in the manufacturing sector.
Speaking at the launch of the 16th edition of the Ghana Club 100 Awards in Accra, Yofi Grant, Chief Executive Officer (CEO) of GIPC, said the move was meant to support government’s vision of using manufacturing through the ‘One district, One factory’ initiative, as an economic development and job creation tool in the country.
“We will showcase Ghana’s potential and its impact on employment creation and skills development,” he said.
Giving a new direction to the GC100, Mr. Grant said the Club would be used to enhance the competitiveness of the Ghanaian corporate sector, adding that the Club members would enhance Ghana’s private sector development through strategic push and pull linkages.
He said the objective of the awards is to develop a database of the top 100 viable companies as an annual ‘who is who’ on the Ghanaian corporate business calendar and use creative media and activities to promote Ghana’s corporate capacity.
“It is aimed at introducing a system of ranking the top 100 companies in Ghana while encouraging and nurturing the private sector to develop and grow to compete internationally,” Mr. Grant said.
CG100 16th Edition
The theme for the 16th Awards to be held on November 10, 2017 is ‘Industrialization: A tool for job creation and accelerated economic development.’
Mr Grant called on limited liability companies to apply for the event, indicating that companies with government interest, government shares should be less than 50 percent unless it is listed on the Ghana Stock Exchange (GSE).
He said companies must submit soft and hard copies of their audited account for the past three years, 250 word company profile and logo, as well as, hard copies of CEOs passport size pictures by Friday, 29th September 2017.
He said the companies would be ranked by the Ernest and Yong (EY) Consulting Firm based on three main criteria including size, growth and profitability.
Awards Categories
The awards would be presented in the following categories, Best Company in Agriculture and Agribusiness, Financial Services, Information Services, Information and Communication Technology, Services, Infrastructure, Petroleum and Mining Services, Manufacturing, Tourism, Health and Education.
The awards will also be given in other strategic areas like the GC100 Best listed company on the Ghana Stock Exchange, Largest Company, Most Profitable Company and the Fastest Growing Company.
Discretional awards will be given, and they include UNICEF’s Coalition of Children’s Award (a Special award category to be administered by UNICEF) to be presented to the company with the most child friendly policies, Corporate Social Responsibility (CSR) Award and the GC100 Company of the Future Award.
By Jamila Akweley Okertchiri