
An official of Stanbic Bank receiving the bank's award from Vice President John Mahama (right) at the 2009 event
The award (GC 100), which was instituted in 1997 and presented its maiden awards in 1998, aims at developing an open information culture within the Ghanaian corporate sector, provide incentives for improved corporate performance, develop uniform criteria for evaluating corporate performance, and establish an annual and current analysis of Ghana´s corporate sector.
A statement by the GIPC said Award winners will be celebrated in seven key strategic sectors namely: Agriculture and Agri-Business, Financial Services, ICT, Infrastructure, Manufacturing, Petroleum and Mining Services, and Tourism.
Eligibility criteria for the GC 100 are as follows: all entrants must be limited liability companies; for companies with Government interest, Government share/ownership should be less than 50%, unless the company is listed on the Ghana Stock Exchange; all entrants must have cumulative net profits that are positive for the most recent three year period.
This year’s event will be preceded by an Investors Seminar which will be held in partnership with the Swiss Agency for Investment (OSEC). The aim is to develop the capacity of local businesses and promote foreign direct investments in Ghana through the implementation of the Swiss Government´s Investment Promotion in Sub-Sahara Africa (IPSSA) programme.
Stanbic Bank Ghana ranked topmost of the 2009 Ghana Club 100 awards, with coming second.
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