Mr Yofi Grant (right) being interviewed by Mr Charles Benoni Okine, the Assistant Editor of the Graphic Business
Mr Yofi Grant (right) being interviewed by Mr Charles Benoni Okine, the Assistant Editor of the Graphic Business

Club 100 companies urged to leverage call to fame

The Ghana Investment Promotion Centre (GIPC) is set to host the 16th edition of the Ghana Club 100 awards to give due recognition to successful enterprise building in the country.

The event, to be organised on the theme, “Industrialisation: A tool for job creation and accelerated economic development”, will serve as a build-up on the manufacturing focus of the GIPC.

Subsequently, the Chief Executive Officer of the GIPC, Mr Yofi Grant, who announced this in an interview with the Daily Graphic on Thursday, asked companies which would make it to the prestigious list of 100 to leverage the opportunity.

He said the 2017 event would place emphasis on the vision of the government of an industrialised economy through the use of several channels, such as the one-district-one-factory initiative.

Mr Grant said the GIPC also “intends to use this year’s edition as a spring-board to promote partnerships between Ghanaian manufacturers and their foreign counterparts and also showcase Ghana’s industrialisation potential and its impact on employment creation and skills development.”

So far, he said the preparations towards the awards had been done and they were awaiting the results from the independent body to determine which companies would fall among the top 100 in the country.

According to him, the privilege of being a part of the Ghana Club 100 should not be taken for granted.

He reiterated a call on those that would make the list to leverage the opportunity to attract partners from abroad or expand to create more wealth and jobs for the people.

Mr Grant, who has been at the forefront of attracting more investments into the country by trumpeting its economic potential across the world, said: “Ghana is seen as one of the most preferred destinations on the continent and this is why we need to take advantage of this and position ourselves for this.”

On the country’s latest Ease of Doing Business ranking, he said the period or assessment coincided with the various reforms which were being undertaken by the government to ensure that Ghana’s rank improved tremendously.

“We have done a lot, including the paperless system at the country’s entry ports, so we expect that to impact on the next rankings,” he said.


The Ghana Club 100 event was first held in March 1998, and serves as a benchmark for corporate excellence.

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.

The objective is to develop a database of the top 100 viable companies as an annual “who is who” on the Ghanaian corporate business calendar and to promote the country’s corporate capacity through creative media vehicles and activities.

It is also intended to utilise the club to gain government support and intervention to enhance the competitiveness of the Ghanaian corporate sector, team up with club members to enhance Ghana’s private sector development through strategic push and pull linkages, develop an open information culture within the corporate sector, provide incentives for improved corporate performance by recognising the top 100 performing companies and develop uniform criteria for evaluating corporate performance.


According to the GIPC, all entrants of the awards must be limited liability companies. Companies with government interest or government share ownership must be less than 50 per cent, unless the company is listed on the Ghana Stock Exchange.

These companies must have made profits for the most recent three consecutive years of 2014, 2015, and 2016.

The annual club 100 rankings are done by an individual consultant and the results of the rankings are only made known to all participants on the night of the awards.

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