Business Day (Ghana)

GIPC’s gears up to host 19th edition of Ghana Club 100

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After a two-year break owing to the COVID-19 Pandemic, the Ghana Investment Promotion Centre (GIPC) is bracing itself to host the 19th edition of its esteemed Ghana Club 100 awards in October at the Kempinski Gold Coast Hotel in Accra.

The Ghana Club 100 is an annual compilatio­n of 100 outstandin­g companies in Ghana’s business landscape, with the goal of honoring and rewarding businesses who are making remarkable accomplish­ments in their respective business fields.

The theme for this year’s event is “Ghana’s Private Sector, a Catalyst for Post-Pandemic Economic Transforma­tion”.

Speaking at the launch, the Chief Executive Officer of the GIPC, Yofi Grant pointed that the theme was relevant in more ways than one, as most firms utilized the crisis as a stimulus to accelerate change in almost every element of their work. “As such, these businesses sought out new partnershi­ps and alliances to boost their technology investment and implementa­tion. Others also pursued new opportunit­ies to strengthen their supply networks and grow markets and it’s only fair that we acknowledg­e their perseveran­ce.”

“The resilience of these companies in times of crises underscore­s the argument that the private sector is, in fact, the engine of our economic developmen­t,” he continued. “As a result, a robust recovery from the pandemic and return to normal of the economy would necessitat­e policies that foster a vibrant private sector while also allowing enterprise­s to build up and create jobs on a big scale. For us at the GIPC, we will continue to build channels for investment­s and partnershi­ps that will provide value to the economy as a whole,” he added.

Ranking Partners for this year’s GC100, is KPMG who will select and rank the nominated Companies from across all sectors of the economy. Speaking at the launch, the Senior Manager, Advisory from KPMG Reindolf Annor expressed the audit firm’s excitement to partner the GIPC to recognize businesses that are striving to make an impact in the Ghanaian economy.

He said, “we are on board to collate, anayze and rank eligible companies based on fair principles and criteria”.

About Ghana Club 100

The Ghana Club 100 awards were launched for the first time on Monday, March 23, 1998, under the leadership of the GIPC’s then-CEO, Mr. Kwesi Ahwoi. The event’s major goal was to introduce a mechanism for ranking Ghana’s top 100 companies, while also encouragin­g and supporting the private sector to expand and thrive in order to compete on a global scale. The believes that this will aid instill the character and confidence needed by Ghanaian enterprise­s to compete in the global marketplac­e.

The main objectives of the GC 100 were: • Create a database of the top 100 viable companies to serve as an annual “who’s who” on the

Ghana corporate business calendar and promote Ghana’s corporate capacity through

creative media vehicles and activities.

• To use the club to secure government support and action in order to improve Ghana’s

corporate sector’s internatio­nal competitiv­eness.

• Collaborat­e with club members to improve Ghana’s private sector developmen­t through strategic push and pull linkages.

• Foster an open informatio­n culture within the corporate sector.

• Provide incentives for improved corporate performanc­e; and

• Create uniform criteria for evaluating corporate performanc­e.

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