State Enterprises struggling due to inefficiency and political interference – Kwabena Donkor
Published:
4 months ago
Source:
Channel 1 News
Kwabena Donkor, the Chairman of the Public Administration and State Interests Committee and Member of Parliament for Pru East, has expressed strong concerns over the management of state-run enterprises in Ghana. In a recent statement, Dr Donkor criticised the inefficiencies and challenges faced by these enterprises, attributing their struggles to factors such as personal gain, political interference, and a lack of managerial competence.
"I am currently the Chairman of the Parliamentary Select Committee on Public Administration and State Interests. My conclusion is that the Ghanaian State has proven incapable of running Commercial businesses because of personal gain, political interference, partisan patronage, indiscipline and non-appreciation of managerial competency," he stated. Kwabena Donkor explained that many of the public state entities are not positioned to make a profit in their operations. He added that, to address this, he suggested that the country come out with methodologies and strategies that will help state investment to be seen as equity that will yield dividends.
"We are running entities down with very little regard to profitability and sustainability.