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Business News of Thursday, 13 September 2012

Source: GNA

PBC wins 2011 Edition of Ghana Club 100

Produce Buying Company (PBC), a leading domestic marketer of cash crops, has been adjudged the overall best company for the 2011 Edition of the Ghana Club 100 Awards in Accra on Wednesday.

Nine other companies that made it to the best 10 category include Rlg Communications, Enterprise Life Assurance Company, Apostle Goldfields Ghana Limited and Ghana Home and Loans Limited.

The rest were; Kasepreko Company Limited, Ghana Community Network Services Limited, Auto Parts and UT collections.

Rlg Communications was presented with three awards for winning the fastest growing company, best Information and Communication Technology and the best entrant company for Ghana Club 100 2011.

Mr Kojo Atta-Krah, Managing Director of PBC, who received the award on behalf of the company, expressed satisfaction and promised to continue to work hard to ensure customer satisfaction, which constitute the core objective of the company.

“The Ghana Club 100 Awards" instituted in 1998, is an annual event to celebrate the top 100 companies in various sectors of the country's economy.

The event was organised by the Ghana Investment Promotion Center (GIPC) on the theme: "Public Private Partnership –Ensuring Effective Domestic Entrepreneurs Participation in Ghana’s Investment Development’.

This year's awards were ranked, based on three factors of the competing companies, such as size, return on equity and growth.

Dr Ishmael Yamson, Board Chairman of GIPC said the theme was timely because it encouraged public/private participation in ensuring ways of developing effective investment in the country for national development.

He said the GIPC is not only for foreign investors but also for the local industry and advised Ghanaian investors to take advantage of the opportunity to register with the centre for optimum benefits.

“The Report: Ghana 2012”, a comprehensive annual economic analysis of the domestic economy published by the Oxford Business Group (OBG) was launched at the event.

The Report sought to provide a holistic assessment of current trends and issues in some of the country’s biggest Gross Domestic Product contributors including the mining, agriculture, energy, banking, industry and transport sectors.

Dr Yamson said the publication also includes extensive coverage of some of the more recent developments in the country’s nascent gas sector and reviews the plans of putting in place the infrastructure to process the country’s associated deposits.

Mr Robert Tashima, Regional Editor for Africa OBG, said the Group is a global publishing, research and consulting firms which published economic intelligence on the markets of Africa, the Middle East, Asia and Latin America.

Mr Tashima said through its range of print and online products, the Group offers comprehensive and accurate analysis of macroeconomic and sectoral developments including banking, capital markets, telecoms and insurance.