Tag: SIGA

SIGA Intensifies Efforts to Clamp Down on SOEs that Pay Annual Bonuses Despite Recording Losses

State Interests and Governance Authority, led by Prof. Michael Kpessa-Whyte, is cracking…

4 Min Read

VRA Records GH¢106m Loss Amid Forex Volatility and Domestic Demand Pressures

The Volta River Authority (VRA) recorded a GH¢106 million loss in 2024,…

4 Min Read

BoG’s Negative Equity, ECG’s Debt, & COCOBOD’s Losses Undermining Progress of Other State Enterprises

Ghana’s 2024 State Ownership Report warns that BoG’s negative equity, ECG and…

4 Min Read

Five SOEs, Five Years of Losses: Ghana’s Persistent Fiscal Drain

Five Ghanaian SOEs; TOR, GWCL, GCGL, GCMC, and GNPA posted consecutive losses…

3 Min Read

Gov’t’s Joint Venture Companies Record Massive Turnaround as Profits Soar by 213% from a Loss in 2023

Majority state-owned JVCs posted a strong turnaround in 2024 with GHS1.5bn profit,…

4 Min Read

SOEs Expand Assets by 23% in 2024, but Liabilities Continue to Swell

Despite persistent financial losses, Ghana’s SOEs saw assets jump 22.52% to GHS395.2bn…

3 Min Read

Ghana SOEs Post 28% Revenue Growth, Net Loss Expands by Over a Third – SIGA Report

Borrowing costs erase operational gains as liabilities swell to GHS281.9 billion

4 Min Read

SIGA to Realign SOE Performance Contracts to Power 24-Hour Economy Drive

SIGA plans to revise performance contracts for state entities to align them…

3 Min Read

Strategic Talks Behind the Scenes: Ghana Lays Groundwork for Governance and Compliance Overhaul

Strategic meetings with Ghana’s top institutions are laying the foundation for stronger…

7 Min Read

Over 100 SOEs Comply with Audited Accounts Directive

Over 100 SOEs have complied with President Mahama's directive to submit audited…

4 Min Read

Fixing Ghana’s SOEs Governance Gap: Dr. Donkor Urges SIGA to Lead Reforms on Delayed Board Appointments

Dr. Kwabena Donkor urges SIGA and Parliament to address delays in appointing…

7 Min Read