Economy

Gold Fields Ghana shines at Ghana Club 100 awards

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Gold Fields Ghana Limited, Ghana’s leading mining company and number one gold producer scooped six awards at the 2012 Ghana Club 100 Awards function at the Movenpick Ambassador Hotel in Accra on Wednesday, 12 September 2012. The awards ceremony, held under the auspices of the Ghana Investment Promotions Centre (GIPC), is traditionally well patronised by corporate organisations, Government officials, public and private institutions and representatives of Ghana’s international development partners. Gold Fields Ghana emerged as the company with the most number of awards. Gold Fields Ghana maintained its positions as the largest company in Ghana and the nation’s highest tax payer. In 2011, Gold Fields Ghana contribution to taxes was a total of US$325 million representing direct and indirect taxes as well as dividends. In the mining and petroleum industry, Gold Fields Ghana was also adjudged as the sector leader with the Damang (Abosso Gold Fields Limited) and Tarkwa mines ranked in the first and second positions respectively. On the overall ranking of the top 100 companies in the country, Gold Fields Ghana’s two mines, Tarkwa Gold Mine and Damang, were listed amongst the prestigious top 10 best companies. Abosso Gold Fields (Damang Mine) was ranked in fourth (4) place and the Tarkwa Mine (Gold Fields Ghana) was placed seventh (7). The awards ceremony was under the theme “Public Private Partnership; ensuring effective domestic entrepreneurs’ participation in Ghana’s investment development”. H.E John Dramani Mahama, President of the Republic of Ghana, in a speech read on his behalf explained that, the theme was most appropriate. He urged the private and public sector to explore the many opportunities within Ghana’s economy. He further explained that the GIPC will create opportunities for both foreign and local investors. The Ghana Investment Promotion Centre) every year ranks the top 100 companies in Ghana based on their performance in terms of growth, profitability and size.

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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.