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SOE profits must reflect real efficiency, not just numbers – Dr Atuahene

By GhanaSummary Newsroom1 min read
SOE profits must reflect real efficiency, not just numbers – Dr Atuahene

Banking and Corporate Governance Consultant, Dr Richmond Atuahene, has cautioned against celebrating the latest profit figures of Ghana’s State-Owned Enterprises (SOEs) without examining whether the gains reflect genuine operational efficiency.” The latest SIGA report itself shows that the profit turnaround has not eliminated vulnerabilities across the state enterprise sector.43 billion, while profit before interest and tax rose to GH¢25.

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