SOEs profits must translate into public value – SIGA Boss

11, GNA – Professor Michael Kpessa-Whyte, the Director-General of the State Interests and Governance Authority (SIGA), has called on State-Owned Enterprises (SOEs) to ensure that recent gains in profitability are translated into public value through dividend payments, stronger governance, and improved accountability.

Kpessa-Whyte expressed optimism that future State Ownership Reports would show not only stronger profits but also improvements in governance, compliance and public value creation across all specified entities.

According to the 2025 State Ownership Report, the sector recorded a net profit after tax of GHS19 billion, compared to previous years marked by economic challenges and losses in some key sectors.