Skip to content

Ghana news briefing

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

By GhanaSummary Newsroom1 min read
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.

ShareXFacebookWhatsApp

This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.

Original sources

1 reports

More stories

View all news