Audio By Carbonatix
Avnash Industries Ghana Limited has been recognized as the best corporate governance compliant in the agricultural business (agro-based) category at the 2019 IOD-Ghana Corporate Governance Excellence Awards for public and private sector actors in the country.
The Institute of Directors Ghana honoured the local agribusiness processing company for exhibiting a clear understanding of the respective roles of its board, management and shareholders; their relationships with each other; and their relationships with other corporate stakeholders – a structure that does not cast doubt on the company’s reliability, integrity or its obligations.
The famous local rice processing company has pledged that the sector would aim to raise the bar even higher to ensure that the best practices in corporate governance are applied and adhered to.
Avnash is a Ghanaian company with its main interest in agribusiness processing comprising Edible Oil Refining, Soap & Personal Care Manufacturing, and Rice Milling is one of the largest investments in West Africa offering premium products ranging from cooking oil, laundry and bathing soaps and rice.
The award ceremony was part of a three-day international conference on corporate governance which was themed: Optimizing the Growth of SMEs while Globalizing Big Corporates: The Role of Good Corporate Governance.
Professor Mervyn King, the Ambassador of African Corporate Governance Network delivering the keynote address warned that companies that do not follow good corporate governance always struggle to secure funding from the capital market. Prof. Mervyn King is noted for the King IV Report on Corporate Governance.
In addition to the awards event, there was a conference and masterclass on corporate governance. The event was partnered by the International Finance Corporation (IFC).
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Education Ministry to digitise SHS placement complaints system
6 minutes -
Argentina to file criminal case against oil company operating in Falklands
7 minutes -
Black Stars captain Jordan Ayew signs for Sheffield United
8 minutes -
Canada braces for prolonged trade war as counter-tariffs on US take effect
19 minutes -
60 SHS girls develop smart solutions to flooding, waste, parking and water challenges
24 minutes -
Media must continue to shine light on illegal mining—Lands Minister
30 minutes -
NPP challenges Sam George over rural telephony record, demands data
34 minutes -
Mahama Ayariga proposes peak-hour dedicated lanes for Aayalolo buses
38 minutes -
Amrahia Dairy Farms property owners petition Mahama over alleged demolition of properties
43 minutes -
Taxi rank executives arrested over alleged attempted murder
45 minutes -
More than 20 African countries fail WHO air pollution guideline in 2025 – AfriCAN 2026 Report
50 minutes -
PTA council demands technical review of 2026 BECE results
54 minutes -
Senegal, Cape Verde breathed unsafe air for more than 120 days in 2025 – AfriCAN 2026 Report
55 minutes -
AFCON 2027Q: Carlos Queiroz to ‘soon submit’ Black Stars squad
56 minutes -
KATH CEO praises Ghana Medical Trust Fund for its impact in just a year
56 minutes