SIGA boss on how to solve issues of debt burdened and loss-making state-owned enterprises

Despite the fall in total liabilities, five state enterprises, namely ECG, Ghana Cylinder Manufacturing Company, GNPA, Graphic Communications Group Company and Ghana Digital Centre, recorded losses in every financial year from 2021 to 2025.4 billion SIGA’s role Explaining SIGA’s role in dealing with the financial challenges of state enterprises, Professor Kpessa-Whyte said the Authority did not want to speak on behalf of individual entities.

The Director-General of the State Interests and Governance Authority (SIGA), Professor Michael Kpessa-Whyte, has said the responsibility for addressing the debt burden of loss-making state-owned enterprises (SOEs) lies with the Ministry of Finance and the respective sector ministers.