President Mahama to outline vision for SOE reform at high-level SIGA meeting

By Jibril Abdul Mumuni

Accra, March 12, GNA – The State Interests and Governance Authority (SIGA) has announced an engagement between President John Mahama and CEOs of State-Owned Enterprises (SOEs) and other state entities in Ghana.

This high-level meeting, scheduled to take place on March 13, 2025, at the Kempinski Hotel, will provide a platform for the President to share his vision for resetting and realigning SOEs to operate efficiently and effectively.

In a media statement issued by Afua Frempong, Corporate Affairs Manager, SIGA emphasised that the engagement will bring together senior government officials, ministers of state, and officials from the World Bank in Ghana.

The statement also highlighted the importance of collaboration and cooperation in driving Ghana’s economic development.

The engagement will herald the launch of a comprehensive deep-dive study of 16 SOEs which control a significant portfolio of state assets.

“This study, undertaken by SIGA, aims to provide valuable insights into the current state of SOEs, identify areas for improvement, and inform strategies for reform and transformation,” the statement said.

“The findings of the study will be critical in shaping the government’s policy direction and ensuring that SOEs operate transparently, accountably, and in alignment with national development objectives,” the statement added.

Prof. Michael Kpessa-Whyte, Director-General of SIGA, noted that the 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,” he said.

“The meeting is expected to generate fruitful discussions, foster collaboration, and set the tone for a new era of cooperation between the government, SOEs, and other stakeholders,” the statement concluded.

SIGA urged all Ghanaians to take an interest in this important initiative and to follow the proceedings of the meeting.

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