President John Dramani Mahama is scheduled to meet with Chief Executive Officers (CEOs) of State-Owned Enterprises (SOEs) and other key government entities on March 13, 2025. This meeting is expected to be a significant engagement aimed at resetting and realigning SOEs for improved efficiency and transparency. Organized by the State Interests and Governance Authority (SIGA), the high-level meeting will take place at the Kempinski Hotel in Accra. It will provide President Mahama with an opportunity to present his vision for SOEs as part of his broader strategy to enhance economic governance and promote national development.
A key highlight of the event will be the launch of a deep-dive study on 16 major SOEs, which control a significant portion of state assets. The study, conducted by SIGA, is expected to offer valuable insights into the financial and operational performance of these enterprises and provide recommendations for reforms and transformation.
In a press release, Prof. Michael Kpessa-Whyte, Director-General of SIGA, said the initiative underscores the government’s commitment to corporate governance, accountability, and efficiency within the public sector.
“We are excited to facilitate this important engagement between the President and CEOs of SOEs,” he said. “This meeting marks a significant step towards promoting good corporate governance, transparency, and accountability in the management of state-owned enterprises. We are confident that the outcomes of this engagement will have a positive impact on Ghana’s economic development.”
The engagement will bring together senior government officials, ministers of state, and officials from the World Bank in Ghana, highlighting the critical role of SOEs in driving Ghana’s economic recovery and transformation.
The discussions are expected to focus on enhancing efficiency and profitability of SOEs, ensuring transparency and accountability in state enterprises, aligning SOE operations with national development goals, and strengthening corporate governance structures. SIGA has encouraged Ghanaians to take interest in this important initiative and follow the proceedings, as the outcomes will have far-reaching implications for the country’s economic future.
By: GraphicOnline
