Table of Contents
Who makes up the top 100 companies in Ghana?
The objectives of the GC 100 are to develop an open information culture within the Ghanaian corporate sector, provide incentives for improved performance, develop uniform criteria for evaluating this performance, and to establish an annual and current analysis of the Corporate sector.
1 Top 100 Companies in Ghana – 2022
The table below presents ascending order results based on the analysis of the size, profitability, growth and contributions to community development Initiatives/programmes or projects of companies in Ghana
| Overall Rank | Company |
|---|---|
| 1 | Zeepay Ghana Limited |
| 2 | Newmont Ghana Gold Limited |
| 3 | Multipro Private Ltd |
| 4 | Gold Fields Ghana Limited |
| 5 | Scancom Plc |
| 6 | Maphlix Trust Ghana Limited |
| 7 | Amanex Co.Ltd |
| 8 | Express IDS Consult Consult Agency Limited |
| 9 | Newmont Golden Ridge Limited |
| 10 | GCB Bank Plc |
| 11 | ASA Savings and Loans Ltd. |
| 12 | EcoBank Ghana Plc |
| 13 | Nestle Ghana Limited |
| 14 | IT Consortium Limited |
| 15 | Polytank (Ghana) Limited |
| 16 | Sage Distribution Limited |
| 17 | Amenfiman Rural Bank Limited |
| 18 | Absa Bank |
| 19 | Abosso Goldfields Limited |
| 20 | Benso Oil Palm Plantation Plc |
| 21 | AngloGold Ashanti Iduapriem Mine |
| 22 | Access Bank (Bank) Plc |
| 23 | Tropical Cable and Conductor Limited |
| 24 | Forever Living Product (Ghana) Limited |
| 25 | Wilmar Africa Limited |
| 26 | Delta Paper Mill Company Limited |
| 27 | Enterprise Trustees Limited |
| 28 | Standard Chartered Bank Ghana Plc |
| 29 | Federated Commodities Limited |
| 30 | Guaranty Trust Bank (Ghana) Limited |
| 31 | Letshego Ghana Savings and Loans Plc |
| 32 | Fidelity Bank Ghana Limited |
| 33 | Zenith Bank (Ghana) Limited |
| 34 | Crop Doctor Ghana Limited |
| 35 | CAL Bank |
| 36 | First Atlantic Bank Limited |
| 37 | MiLife Insurance Company Limited |
| 38 | Priority Insurance Company Limited |
| 39 | Melcom Limited |
| 40 | Zonda Tec Ghana Limited |
| 41 | Amansie West Rural Bank Limited |
| 42 | DHL Ghana Limited |
| 43 | Enterprise Life Assurance Ltd |
| 44 | Sunon Asogli Power (Ghana) Limited |
| 45 | Ahantaman Rural Bank Plc |
| 46 | United Bank for Africa (Ghana) Limited |
| 47 | StarLife Assurance Company Limited |
| 48 | KEK Insurance Brokers limited |
| 49 | M&G Pharmaceuticals Limited |
| 50 | Total Petroleum Ghana PLC (Total Energies) |
| 51 | New Crystal Health Services Limited |
| 52 | Chase Petroleum (GH) Limited |
| 53 | Fiaseman Rural Bank Limited |
| 54 | GLICO General Insurance Company Limited |
| 55 | FBNBANK Ghana Limited |
| 56 | Societe Generale Ghana Plc |
| 57 | Enterprise Insurance Limited |
| 58 | Acacia Health Insurance Company |
| 59 | DE United Foods Industries Ghana Limited |
| 60 | B5 Plus Limited |
| 61 | GOIL Plc |
| 62 | Nyaho Healthcare Limited |
| 63 | Prudential Bank Limited (PBL) |
| 64 | Sunu Assurances Ghana Limited |
| 65 | Mumuadu Rural Bank Limited |
| 66 | Obsidan Achernar Limited |
| 67 | Activa International Insurance Company Ltd |
| 68 | Kasapreko Company Limited |
| 69 | Microfin Rural Bank Limited |
| 70 | Ghana Rubber Estates Limited |
| 71 | Juaben Rural Bank Limited |
| 72 | Guinness Ghana Breweries Plc |
| 73 | Nsia Insurance Company Limited |
| 74 | NMH Nationwide Medical Insurance Company Limited |
| 75 | Papaye Fast Food Limited |
| 76 | Otuasekan Rural Bank |
| 77 | Nexans KabelMetals (Ghana) Limited |
| 78 | Star Assurance Company Limited |
| 79 | Crocodile Machetes (Ghana) Ltd |
| 80 | Sefwiman Rural Bank Limited |
| 81 | Riali Consult Limited |
| 82 | GLICO Life Insurance Limited |
| 83 | L’Aine Services Limited |
| 84 | VFS (Ghana) Private Limited |
| 85 | Advans Ghana Savings and Loans Limited |
| 86 | Kintampo Rural Bank Limited |
| 87 | Reiss & Co. (Ghana) Limited |
| 88 | Quantum Terminals Plc |
| 89 | Fan Milk Plc |
| 90 | Broll Ghana Limited |
| 91 | Country Links Travel & Tours Limited |
| 92 | Bayport Savings and Loans Plc |
| 93 | Izwe Savings and Loans Plc |
| 94 | Olam Agri Ghana Limited |
| 95 | U-Save Car Rental Limited (AVIS Ghana) |
| 96 | Zeal Environmental Technologies Limited |
| 97 | DDP Outdoor Limited |
| 98 | GLICO Health Care Limited |
| 99 | Leasafric Ghana Plc |
| 100 | Land Tours Ghana Limited |
Eligibility Criteria
All entrants must be limited liability companies.
For companies with Government interest, Government ownership should be less than 50%, unless the company is listed on the Ghana Stock Exchange. All entrants must have a cumulative operating profit for the most recent three-year period (2019, 2020 2021)
Ranking Criteria
Companies are ranked based on the following
- Size
- Growth
- Profitability
- Corporate Social Responsibility (CSR)
Awards
There will be awards for the top 100 businesses and awards for the leading companies in each of the strategic sectors. i.e. Best company in Agriculture and Agribusiness, Financial Services, Information and Communication Technology, Services, infrastructure, Petroleum and Mining Services, Manufacturing, Tourism, Health, and Education. There will also be Special Awards for outstanding business performers in selected categories including Corporate Social Responsibility.
2 Top 100 Companies in Ghana – 2019
Held under the theme, “Sustainable Agriculture; The Bedrock of Ghana’s Industrialisation Drive”, the Ghana Investment Promotion Centre (GIPC) has put together a list of The Ghana Club 100 (GC100).
The awards were presented by the President, Nana Addo Dankwa Akufo-Addo, who was the special guest of honour.
The event was held at Kempinski Hotel in Accra on 15th November 2019 for the annual compilation of the top 100 companies in Ghana and to give due recognition to successful enterprise building.
Ghana Club 100 (GC100) – 2019
This list of top 100 companies in Ghana focuses on corporate excellence, this is why companies that make it to the list are deemed vital to serving as role models for the private sector. It also provides a forum for corporate Ghana to interact with the government.
Scancom Ghana Plc. was adjudged the number one company at the awards ceremony.
Top 100 Companies in Ghana
Below is the full list of the Ghana Club 100 Award Winners, the top 100 companies in Ghana in 2019;
| No. | Company Name |
|---|---|
| 1 | Scancom Ghana Plc. (MTN) |
| 2 | Kosmos Energy Ghana |
| 3 | GOIL |
| 4 | Sunon Asogli Power Plant Ltd. |
| 5 | IT Consortium |
| 6 | ASA Savings and Loans |
| 7 | Total Petroleum Ghana Ltd. |
| 8 | Goldfields Ghana Ltd. |
| 9 | Olam Ghana Ltd. |
| 10 | Agro ECOM Ghana Ltd. |
| 11 | Anglogold Ashanti Aduapriem |
| 12 | Newmont Goldenrich Ghana Ltd. |
| 13 | Unilever Ghana Ltd. |
| 14 | GCNet |
| 15 | Newmont Ghana Gold Ltd. |
| 16 | GCB Bank Ltd. |
| 17 | Enterprise Trustees |
| 18 | Barclays Bank Ghana Ltd. subsidiary of ABSA |
| 19 | Metropolitan Health Insurance Ghana Ltd. |
| 20 | Ecobank Ghana Ltd. |
| 21 | B5 Plus Ltd. |
| 22 | Enterprise Life Company Ltd. |
| 23 | Poly Kraft Ghana Ltd. |
| 24 | Letshego Ghana Savings and Loans |
| 25 | Nexans Cable Metals Ltd. |
| 26 | Kiteko Ghana Ltd |
| 27 | Maphlix Trust Ghana Ltd. |
| 28 | Afcott Ghana Ltd. |
| 29 | Stanbic Bank Ghana Ltd. |
| 30 | Standard Chartered Bank Ghana Ltd. |
| 31 | Fiaseman Rural Bank |
| 32 | Fidelity Bank Ghana Ltd. |
| 33 | Cal Bank |
| 34 | KEK Insurance Brokers |
| 35 | Melcom Ltd |
| 36 | GTBank Ghana Ltd. |
| 37 | Microfin Rural Bank Ltd. |
| 38 | Papaye Ghana Ltd. |
| 39 | Landtours |
| 40 | Starlife Assurance |
| 41 | Nutrifoods |
| 42 | Goldfields Tarkwa and Damang mine |
| 43 | TekSol Ltd. |
| 44 | Niche Cocoa |
| 45 | Izwe Savings and Loans |
| 46 | Kane-Em Industries Ltd. |
| 47 | Glico Life Insurance Company Ltd. |
| 48 | Tobinco Pharmacy Ltd. |
| 49 | Sefwiman Rural Bank Ltd. |
| 50 | Atwima Mponua Rural Bank Ltd. |
| 51 | Amenfiman Rural Bank |
| 52 | Enterprise Insurance Company Ltd. |
| 53 | Societe Generale Ghana |
| 54 | L’aine services Ltd. |
| 55 | Bayport Savings and Loans |
| 56 | Fanmilk Ltd. |
| 57 | GHL Bank Ltd. |
| 58 | Poly Tanks |
| 59 | Ahantaman Rural Bank Ltd. |
| 60 | Manya Krobo Rural Bank Ltd. |
| 61 | Bosomtwe Rural Bank Ltd. |
| 62 | Sunu Assurances Ghana Ltd. |
| 63 | New Crystal Health Services Ltd. |
| 64 | South Akyem Rural Bank Ltd. |
| 65 | Builsa Community Bank Ltd. |
| 66 | Interplast Ltd. |
| 67 | Otuasekan Rural Bank Ltd. |
| 68 | Star Assurance Company Ltd. |
| 69 | Kaaseman Rural Bank Ltd. |
| 70 | Olam Cocoa Processing Ghana |
| 71 | G4S Security Services Ltd. |
| 72 | Upper Amenfi Rural Bank Ltd. |
| 73 | Activa International Insurance Company Ltd. |
| 74 | SIC Insurance Company Ltd. |
| 75 | Glico Healthcare Ltd. |
| 76 | Leasafric Ghana Ltd. |
| 77 | Juaben Rural Bank Ltd. |
| 78 | Atwima Kwanwoma Rural Bank Ltd. |
| 79 | Crocodile Matchets Ghana Ltd. |
| 80 | Ghana Rubber Estates Ltd. |
| 81 | Prudential Life Insurance Ghana Ltd. |
| 82 | Amansie West Rural Bank Ltd. |
| 83 | Amanano Rural Bank Ltd. |
| 84 | Tropical Cables and Conductors Ltd. |
| 85 | Odotobri Rural Bank Ltd. |
| 86 | Kintampo Rural Bank Ltd. |
| 87 | Bawjiase Area Rural Bank Ltd. |
| 88 | M&G Pharmaceuticals Ltd. |
| 89 | Guinness Ghana Breweries Ltd. |
| 90 | Kasapreko Company Ltd. |
| 91 | Asokori Rural Bank Ltd. |
| 92 | Anum Rural Bank |
| 93 | Access Bank |
| 94 | Akuapim Rural Bank Ltd. |
| 95 | Asante Akyem Rural Bank Ltd. |
| 96 | ADB Bank |
| 97 | Starwin Products Ltd. |
| 98 | Glico General Insurance Company Ltd. |
| 99 | Acacia Health Insurance |
| 100 | Japan Motors Trading Company Ltd. |
Ranking Methodology
According to GIPC, the following process is used to determine a company’s overall rank in the Ghana Club 100 list, (GC100);
- A weighted rank is calculated by applying the weights to a company’s rank on each of the following parameters:
- Size
- Profitability
- Growth
- An overall rank of a company in the GC100 is then obtained from a company’s weighted average rank.
- A company’s growth is used as a tie-breaker to eliminate all ties in the ranking.
