Finance Minister Dr.
Cassiel Ato Forson has expressed deep shock over the financial losses recorded by GIHOC Distilleries, an alcohol-producing state-owned enterprise, under the Akufo-Addo administration.
Speaking at a meeting with Chief Executive Officers of State-Owned Enterprises (SOEs), Dr.
Forson highlighted the disturbing trend of mounting losses across several SOEs, singling out GIHOC as a particularly surprising case. "GIHOC Distilleries reported a loss of GHS25.1 million in 2022 and GHS25.5 million in 2023.
