2019 Ghana Club 100

Posted by Agbenu on Sunday, November 17, 2019
Last Modified on Monday, November 18, 2019

TOC

On Friday 15th November, the 2019 edition of the Ghana club 100 (GC100) list was revealed at the Kempinski Hotel. Yet again, MTN Ghana was top of the pile. They retained the top spot they held from 2018. The second and third places went to Kosmos energy and GOIL respectively.

What is the Ghana Club 100 ?

The GC100 is an initiative of the Ghana Investment Promotion Centre (GIPC). It is an official list of the top 100 companies in Ghana. It is released annually. It recognizes the most successful and profitable companies nationwide. The list has been shared for a few years now.

Leaps from 2018

So who had the biggest rise from 2018

The honor of the company to take the biggest leap from the 2018 list goes to Papaye Ghana Limited. They rose from the position of 90th to 38th. Consequently, they rose by 52 places in the 2019 edition.

Other companies to rise from their places in 2018 are;

GCNet
Unilever Ghana Limited.
KEK Insurance Brokers
Atwima Kwanwoma Rural Bank Limited.
Tobinco Pharmacy Limited.
Izwe Savings and Loans
Kane-Em Industries Limited.
Interplast Limited.
Stanbic Bank Ghana Limited.
SIC Insurance Company Limited.
Fidelity Bank Ghana Limited.
Sunon Asogli Power Plant Limited.
Activa International Insurance Company Limited.
GTBank Ghana Limited.
Standard Chartered Bank Ghana Limited.
Enterprise Life Company Limited.
IT Consortium
Odotobri Rural Bank Limited.
Kintampo Rural Bank Limited.
ASA Savings and Loans
Total Petroleum Ghana Limited.
Fiaseman Rural Bank
Kasapreko Company Limited.
Barclays Bank Ghana Limited. subsidiary of ABSA
Kosmos Energy Ghana
B5 Plus Limited.
Bayport Savings and Loans

Falls from 2018

The biggest fall from 2018 went to Acacia Health Insurance, who fell by 77 places. They dropped from the 22nd to the 99th position. Other companies to fall from their places in 2018 are;

GOIL
Manya Krobo Rural Bank Limited.
Olam Ghana Limited.
Societe Generale Ghana
Otuasekan Rural Bank Limited.
GHL Bank Limited
Ahantaman Rural Bank Limited.
Goldfields Ghana Limited.
Newmont Goldenrich Ghana Limited.
Newmont Ghana Gold Limited.
Enterprise Trustees
Cal Bank
Juaben Rural Bank Limited.
Amansie West Rural Bank Limited.
Akuapim Rural Bank Limited.
Microfin Rural Bank Limited.
Starlife Assurance
Access Bank
Land Tours Ghana Limited
Fanmilk Limited.
Amenfiman Rural Bank
Amanano Rural Bank Limited.
TekSol Limited.
Sunu Assurances Ghana Limited.
Sefwiman Rural Bank Limited.
Upper Amenfi Rural Bank Limited.
Glico General Insurance Company Limited.
Leasafric Ghana Limited.
Tropical Cables and Conductors Limited.
Asokori Rural Bank Limited.
Glico Life Insurance Company Limited.
Ghana Rubber Estates Limited.

No change

Interestingly, there were a few companies that retained their positions from the 2018 edition. These companies saw no change from the previous year;

MTN Ghana
Anglogold Ashanti Aduapriem
Niche Cocoa
Bosomtwe Rural Bank Limited.
Japan Motors Trading Company Limited.

Present

The following companies were absent from the GC100 list for 2018. However, their performances in 2019 have earned them a place in the latest edition. The highest placed of these companies are Agro ECOM Ghana Limited.

Agro ECOM Ghana Limited.
GCB Bank Limited.
Metropolitan Health Insurance Ghana Limited.
Ecobank Ghana Limited.
Poly Kraft Ghana Limited.
Letshego Ghana Savings and Loans
Nexans Cable Metals Limited.
Kiteko Ghana Limited.
Maphlix Trust Ghana Limited.
Afcott Ghana Limited.
Melcom Limited.
Nutrifoods
Goldfields Tarkwa and Damang mine
Enterprise Insurance Company Limited.
L’aine services Limited.
Poly Tanks
New Crystal Health Services Limited.
South Akyem Rural Bank Limited.
Builsa Community Bank Limited.
Star Assurance Company Limited.
Kaaseman Rural Bank Limited.
Olam Cocoa Processing Ghana
G4S Security Services Limited.
Glico Healthcare Limited.
Atwima Kwanwoma Rural Bank Limited.
Crocodile Matchets Ghana Limited.
Prudential Life Insurance Ghana Limited.
Bawjiase Area Rural Bank Limited.
M&G Pharmaceuticals Limited.
Guinness Ghana Breweries Limited.
Anum Rural Bank
Asante Akyem Rural Bank Limited.
ADB Bank
Starwin Products Limited.

Absent

The following companies were present in the GC100 list for 2018. However, they were missing from the list in 2019.

Wilmar Africa Limited
GN Reinsurance Company Limited
McDan Shipping Company Limited
Meridian Ports Services Limited
Reroy Cables Limited
Mumuadu Rural Bank Limited
Tokyo Ghana Limited
Toyota Ghana Limited
RegencyNem Insurance Ghana Limited
Nsia Insurance Company Limited
Nwabiagya Rural Bank Limited
Zenith Bank (Ghana) Limited
Reiss & Company (Ghana) Limited
Multipro Private Limited
Bond Savings and Loans Limited
Benso Oil Palm Plantation Limited
Atwima Mponua Rural Bank Limited
Bank of Baroda Ghana Limited
Okomfo Anokye Rural Bank Limited
Abosso Goldfields Limited
First Atlantic Bank Limited
Phoenix Insurance Company
Builsa Community Bank Limited
Starling International Limited
Broll Ghana Limited
Blue Sky Products Ghana Limited
Latex Foam Rubber Products Limited
DHL Ghana Limited
Sahel Sahara Bank
Imperial Homes Limited
Kaaseman Rural Bank Limited
South Akim Rural Bank Limited
Vanguard Assurance Company Limited
Azar Chemical Industries Limited

Summary count

A summary of these are;

  • 27 leaps from 2018
  • 32 falls from 2018
  • 5 saw no change in their rank from 2018
  • 34 are present in the GC100 2019 list but were absent from the 2018 list
  • Similarly 34 are absent from the GC100 2019 list but were present in the 2018 list

Let me end by saying that these stats are my own findings. Please feel free to share your comments. Finally, I would end by encouraging you to learn everyday.

Have a great day. Cheers.