Vice-President Reaffirms Commitment to Strengthening SOEs

Vice-President Jane Naana Opoku-Agyemang has reaffirmed government’s commitment to strengthening the performance and accountability of State-Owned Enterprises (SOEs) under the ongoing economic reset agenda. She made the remarks today at the 2026 Stakeholder Conference organised by the State Interests and Governance Authority (SIGA).

SOEs, she noted, remain critical pillars of Ghana’s development, managing national assets, generating revenue, and providing employment. However, persistent challenges such as operational inefficiencies, financial losses, and weak accountability continue to weigh heavily on public finances.

The Vice-President explained that reforms spearheaded by the Ministry of Finance in collaboration with SIGA are focused on enhancing corporate governance, enforcing performance contracts, improving transparency, and ensuring financial sustainability. A comprehensive review of the State’s equity portfolio is also underway to guide strategic investments and strengthen performance.

She further highlighted the role of the Public Enterprises League Table (PELT) in promoting transparency and benchmarking performance. This year’s PELT Awards, she said, will recognise excellence within the sector and encourage continuous improvement.

Reaffirming government’s vision, Vice-President Opoku-Agyemang stressed that well-governed and high-performing public enterprises are essential to reducing fiscal risks and advancing national development. “Our goal is to transform SOEs into engines of shared prosperity,” she concluded.

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