Source: Business & Financial Times
Three institutions have been awarded the Helaba Business Excellence Awards by the Helaba Group, a leading bank from Germany.
Held under the theme ‘International Recognition of Performance of Ghanaian SMEs’, the award-winners include Justmoh Construction Company Limited, JOSHOB Construction Company Limited, and Wilhelm Limited.
JOSHOB Construction Company Limited (JOSHOB) was established in July 1996 with a focus on improving urban and rural infrastructure in Ghana. Over the years there has been an expansion of business areas to improve infrastructural services for the mining industry. JOSHOB has been providing excellent construction services in Ghana over 15 years. The company is rated under category A1, B1 by Ministry of Roads and Transport.
Justmoh Construction Limited is wholly Ghanaian owned company that has been in the construction industry for the past 22 years. The company’s vision is to become one of the leading contractors in West Africa, with the sole purpose of enhancing the quality of life and beauty for people living in West Africa and to build a mutually beneficial partnership with our customers, employees, principals and community.
Wilhelm Limited is a leading private Limited Liability construction company in Ghana, engaged in building roads and all forms of Civil Engineering works.
At an average annual turnover of GHȼ6million in the last three years, credit worth, strategic corporate investment and excellent relationships with its clientele, the company is poised for tremendous growth in the future.
President of the Association of Ghana Industries James Asare-Adjei has called for the government not to crowd-out the private sector from the domestic market as far as borrowing is concerned. He mentioned that apart from high lending rates of between 30 to 35 percent the private sector has to contend with, availability has been the most recent worry on the industry’s part. Mr. Asare-Adjei said the Helaba Group has come to the country at an opportune time to extend credit, particularly to small and medium-scale enterprises. This, he explained, will build the capacity of industries, expand their production outlay, as well as launch itself into the export market.
Ralf Schuster, Head of Banks, Non-OECD Countries Financial Institutions, announced that they are planning to invest €3-5million in Ghana.
Helaba offers financial services to companies, banks, institutional investors and the public sector, both within Germany and internationally. At the same time, it acts as central clearing institution and service provider for over 40 percent of German saving banks.